Expenditures

Type of Expenditure Amount Method of Payment When Due To Whom Payment is to be Paid
Low High
Initial Franchise Fee $35,000.00 $35,000.00 Lump sum Upon signing the Franchise Agreement Us
Center Development Package $89,900.00 $89,900.00 Lump sum The latter of (a) when you sign your lease for the PostNet Center premises or (b) 90 days before the Opening Date Us
Extra Center Development Expense $0.00 $10,400.00 Lump sum Prior to opening Us or Suppliers
Lease of PostNet Center Premises $1,067.00 $5,250.00 Per agreement with landlord Monthly Landlord
Equipment Lease or Rental Payments $1,200.00 $2,000.00 Per agreement Monthly Equipment lessors
Security Deposit Fees $3,000.00 $8,000.00 Lump sum Prior to opening Landlord, utilities
Insurance $900.00 $2,000.00 Lump sum Annually Insurers
Initial Training Expenses $2,700.00 $4,725.00 As incurred As incurred Providers of transportation, food and lodging, Us
Miscellaneous Pre-Opening Expenses $3,500.00 $10,000.00 As incurred As incurred Government agencies (such as sales and use tax), craftsmen, architectural, electrician, etc.
Grand Opening Advertising Campaign $2,500.00 $5,000.00 As incurred Within eight (8) weeks after the opening Third parties
Additional Funds (3 Months) $30,000.00 $40,000.00 As incurred As required during the first three (3) months Various
TOTAL $169,767.00 $212,275.00