| INVESTMENT |
ESTIMATED AMOUNT RANGE LOW |
ESTIMATED AMOUNT RANGE HIGH |
WHEN
PAYABLE |
TO WHOM PAYMENT IS MADE |
COMMENTS |
| Initial Franchise Fee for a single AMERICAN PIE PIZZA CO. |
$ 35,000.00 each individual Franchise |
$ 35,000.00 each individual Franchise |
Paid to Franchisor upon signing of the Franchise Agreement |
Franchisor Piece of the Pie LLC |
Total amount refunded if Franchise Application is not accepted |
| Real Estate and Improvements |
$ 90, 0 0 0 |
$ 130, 0 0 0 |
As Incurred by Franchisee |
To Landlord and Contractors |
This amount could possibly be subsidized by Landlord. |
| Retail Equipment & Signage |
$ 160, 0 0 0 |
$ 195, 0 0 0 |
As Incurred by Franchisee |
To Franchisor or to third party equipment supplier |
Franchisor can supply the complete equipment package if needed |
| Additional Funds needed including Grand Opening Advertising and Working Capital |
$ 40, 0 0 0 |
$ 55, 0 0 0 |
Prior to opening and during the first six months of operations |
Advertising Agency and miscellaneous suppliers |
These funds are necessary to sustain operations until volume grows sufficiently to cover expenses |
| Initial Inventory of Food and Miscellaneous Items |
$ 25, 0 0 0 |
$ 35, 0 0 0 |
As the items are purchased or within 30 days upon credit terms |
Approved Suppliers including Franchisor |
The food inventory will remain constant as a percentage of volume |
| TOTALS |
$ 350,000 |
$ 450,000 |
Normally during the first year following the signing of the Franchise Agreement |
Franchisor Contractors Advertising Agency Food Suppliers |
AMERICAN PIE PIZZA CO. does not Finance Franchisees |
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