ITEM 7
INITIAL INVESTMENT
Payment Amount Method of Payment When Due To Whom Payment is to be Made
 
Low High
     
Initial Franchise Fee1
$12,500 $20,000
Cashiers or certified check Upon signing Franchise Agreement Us
Initial Training Fee2
$1,500 $1,500
Cashiers or certified check Upon signing Franchise Agreement Us
Travel & Living Expenses While Training3
$1,000 $2,000
As incurred As incurred Airlines,rental car companies,hotels and restaurants(see Item 11)
Computer Hardware and Software4
$2,000 $4,000
As incurred Upon ordering or purchasing Vendors;Us
Gas and vehicle maintenance
$1,000 $2,000
As incurred As incurred Vendors and repair persons
Insurance Premiums5
$500 $1,000
Lump sum Before opening, then monthly or quarterly Insurance carries or agents
Telephone Internet and Other Utility Equipment, Deposits, Installation and Service Fees
$700 $1,500
Lump sum Before opening monthly Telephone internet and utility providers.
Vehicle6
   
     
Real estate7
   
     
Miscellaneous8
$1,100 $3,000
As incurred As incurred Attorneys,vendors,suppliers etc.
Additional Funds/Working Capital-3 months9
$2,000 $5,000
As incurred As incurred Vendors,suppliers,employees, etc.
Total10
$22,300 $40,000
     

The amounts of all the non-fixed expenditure will be determined when you contact and negotiate with the respective vendor,supplier etc.

None of these expenditure, other than initial franchise fee, the telephone, internet and utility deposits and the insurance premiums, is refundable. One-half of the initial franchise fee may be refunded if you do not satisfactorily complete our training program and certain other conditions have been satisfied (see Item 5). The telephone, internet and utility deposits will generally be refundable in accordance with the term fixed by the telephone,internet and utility companies.The insurance premiums may be refundable for the future periods in accordance with the terms.
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