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| EXPENDITURE | AMOUNT | PAYMENT | WHEN DUE | TO WHOM |
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| Initial Franchise Fee | $20, 000 | Cash | At execution of | Us |
| Franchise Agreement | ||||
| Utilities Deposits and Payments | $500 to $1,000 | As Incurred | As Incurred | Landlord, Utility |
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Companies & Suppliers |
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| Architect Fees | $500 to $6,000 | As Incurred | Before Opening | Architect |
| Leasehold Improvements, Cabinets and Decor | $10,000 to $100,000 | As Incurred | As Incurred | Landlord or Independent Contractors |
| Office Furniture and Office | $4,000 to $10,000 | As Incurred | Before Opening | Suppliers |
| and Computer Equipment | ||||
| Menu/Signs | $4,500 to $15,000 | As Incurred | Before Opening | Suppliers |
| Franchise Premises Rent (deposit plus 3 months rent) | $6,000 to $11,000 | As Incurred | As Incurred | Landlord |
| Start-up Equipment Lease | $7,000* to $29,000 | As Incurred | Before Opening | Suppliers |
| (per Operations Manual) | (*If leased) | |||
| Seating | $4,000 to $12,000 |
As Incurred |
Before Opening |
Suppliers |
| Inventory | $2,500 to $3,900 | As Incurred | Before Opening | Suppliers |
| (per Operations Manual) | ||||
| Small Wares | $2,000 to $2,400 | As Incurred | Before Opening | Suppliers |
| Initial Advertising and Promotion | $700 to $2,400 | As Incurred | Before and 90 days after Opening | As We Direct |
| Travel and Living Expenses | $200 to $4,500 | As Incurred | During Training | Airlines, Hotels, Restaurants, etc. |
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While Training |
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Materials and Supplies |
$100 to $1,000 | As Incurred | Before Opening | Us or Suppliers |
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Insurance |
$600 to $1,500 | As Incurred | Before Opening | Insurers |
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Miscellaneous Opening Costs |
$1,950 to $7,500 | As Incurred | As Incurred | Suppliers, Utilities, etc. |
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Additional Funds - 3 Months |
$9,000 to $25,000 | As Incurred | As Incurred | Employees, Suppliers, Utilities, etc. |
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TOTAL |
$73,550 to $252,200 | |||
| These figures are estimates only. It is possible to significantly exceed these figures and cost control is the responsibility of the franchisee. Big Town Hero provides specifications, guidelines and advice only. | ||||
