| Amount | Method of Payment | When Due | To Whom Payment is to Be Made |
Initial Franchise Fee | $15,000 - $30,000 (Note 1) | Lump Sum | At Signing of Franchise Agreement | Franchisor |
Travel & Living Expenses for Training | $5,000-$9,000 (Note 2) | As Incurred | During Training | Airlines, Hotels & Restaurants |
Travel & Living Expenses for Franchisor’s Training Team | $4,000-$7,000 (Note 3) | As Incurred | Prior to and During Training | Airlines, Hotels & Restaurants |
Equipment & Smallwares | $80,000-$120,000 (Note 4) | Lump Sum, Unless Financed | Prior to Opening | Vendors, Suppliers |
Construction & Leasehold Improvements | $77,000-$128,000 (Note 5) | As Incurred | Prior to Opening | Vendors, Suppliers |
Indoor & Outdoor Signage | $3,000-$7,500 (Note 6) | Lump Sum | Prior to Opening | Vendors, Suppliers |
Pre-opening Salaries & Payroll | $9,100 - $12,900 (Note 7) | As Incurred | Prior to & During Opening | Employees |
Pre-opening Rent | $0-$6,000 (Note 8) | As Incurred | As Incurred | Landlord |
Utility & Insurance Deposits | $3,000-$4,000 (Note 9) | As Incurred | Prior to Opening | Utility Company & Insurance Agents |
Market Introduction Program | $20,000 - $25,000 (Note 10) | As Incurred | Prior to & After Opening | Vendors, Suppliers |
Opening Inventory & Tills | $9,000 - $11,000 (Note 11) | As Incurred | Prior to Opening | Vendors, Suppliers |
Permits and Professional Fees | $2,000-$5,000 (Note 12) | As Incurred | Prior to Opening | Accountants, Lawyers, Financial Advisors |
Miscellaneous | $5,000-$10,000 (Note 13) | As Incurred | Prior to & During Opening | Various |
Additional Funds | $30,000-$50,000 (Note 14) | As Incurred | As Incurred | |
TOTAL | $262,100-$425,400 (Note 15) | | | |