Estimated Franchisee Development Costs*

Domestic
		MINIMUM AMOUNT	MAXIMUM AMOUNT
	Development Fee	$20,000	$20,000

	Franchise Fee	$30,000	$30,000

	Furniture, Fixtures and Equipment	$263,000	$341,000

	Clubhouse A/V Equipment	$80,000	$105,000

	Smallwares	$20,000	$30,000

	Inventory	$15,000	$25,000

	Signage	$10,000	$40,000

	Liquor License	$2,000	$30,000

	Additional Funds (3 mo. payroll costs, architect/permits, petty cash, employees' salaries during training, office supplies, etc.)	$206,000	$271,000

	Utility Deposit	$3,000	$3,000

	Insurance (premium for 1 year)	$15,000	$25,000

	Training (includes travel & living expenses)	$192,500	$217,000

	Advertising and Promotion (Pre-opening)	$5,000	$12,000

	Professional Fees & Miscellaneous Costs	$5,000	$10,000

ADD TO SUBTOTAL IF PROPERTY IS CONVERSION	Leasehold Improvements / Conversion	$300,000	$600,000

	SUBTOTAL	$1,166,500	$1,759,000

ADD TO SUBTOTAL IF STYLE OF CONSTRUCTION	Land Acquisition	$500,000	$900,000
IS FREESTANDING / GROUND-UP	Estimated Building and Construction Cost	$700,000	$1,100,000

	SUBTOTAL	$2,066,500	$3,159,000

* ALL ABOVE COSTS ARE ESTIMATED FROM HISTORICAL DATA AND NEED TO BE CONFIRMED BY THE FRANCHISEE FOR THE LOCALITY WHERE ANY PROPOSED SITE IS PLANNED TO BE BUILT.