|Expenditure||Low Investment||High Investment|
|Initial Franchise Fee||$17,500||$17,500|
|Leasehold Improvements & Real Estate Costs & Architectural & Utility Deposits||$81,500||$165,000|
|Equipment & Furniture||$76,000||$110,000|
|Initial Opening Inventory||$8,000||$8,000|
|POS. Phone. Security System. Audio Visual.||$24,403||$26,903|
|Marketing: Branding. Grand Opening. Uniforms.||$21,500||$23,500|
|Insurance (Down Payment)||$1,500||$2,000|
|Training Expenses/Mock Rush||$10,500||$12,000|
|Additional Funds (First 3 Months)||$25,000||$25,000|
The expenses in this Item 7 are estimates of your initial investment prior to commencing operations for a WING ZONE® Business and for the first three months thereafter, and are based on our and our affiliate’s and its predecessor’s 24 years of experience. More specifically, estimated expenses represent your initial investment for a WING ZONE® Business with approximately 1,200 square feet in a leased space provided landlord has supplied a vanilla box, which provides dine-in, delivery and carry-out services.
We cannot guarantee that you will not have additional expenses starting the Business. Your costs will depend on how closely you follow the WING ZONE® system standards, your management skill, experience and business acumen, local economic conditions, the acceptance by local consumers of our approved services, prevailing wage rates, competition, etc. We’ve made no estimate regarding real estate acquisition costs. We do not require you to acquire real estate. Leasehold improvements are estimated for improvements to a space with requisite square footage received from the landlord as a vanilla shell, which you must remodel and equip to conform to our standards and specifications. We make no representation as to whether any of the estimated investment amounts are refundable.