The initial investment data provided is a summary of the information from the Justix Uniform Franchise Offering Circular (UFOC). To receive the UFOC, please complete the Next Step >>

.

Expenditure	Estimated Amount or Estimated Low to High Range
Initial Franchise Fee (Note 1)	$30,000
Real Estate Rental (Note 2)	$12,000 - $19,000
Real Estate Build-Out (Note 3)	$125,000 - $200,000
Computer Equipment (Note 4)	$2,000 - $3,000
Furniture, Equipment, Fixtures, Other Fixed Assets and Van (Note 5)	$11,000 - $15,000
Opening Inventory (Note 6)	$5,000 - $7,000
Security Deposits and Other Prepaid Expenses (Note 7)	$1,500 - $2,500
Insurance (Note 8)	$4,000 - $6,000
Miscellaneous Operating Expenses (Note 9)	$20,000 - $30,000
Training Expenses (Note 10)	$500 - $5,000
Opening Advertising and Telephone Listing (Note 11)	$5,000-$6,500
Additional Funds - 3 Months (Note 12)	$7,000 - $8,000
Total Estimated Initial Investment	$223,000-$332,000

1. This is the one time franchise fee.
2. Your restaurant will be approximately 1,750 to 2,800 square feet of retail space. The monthly rent for this type of space will fluctuate depending on the size and quality of the location. We used an estimated rent amount of $5,800 per month. This figure includes the upfront security deposit and a few months of rent, and is based on 2,400 square feet.
3. The figures shown in the table are the estimated construction costs that may be needed to convert standard retail space to a Justix restaurant. Actual construction cost will depend on the condition and size of the leased space and can drastically fluctuate. If you purchase the restaurant site, or if your site requires extensive build-out, your expenses will be considerably higher.
4. This figure includes your security deposit and a few months of lease
payments for your computer equipment and your point-of-sale system. We estimate your monthly lease payment to be around $500.
5. This figure includes your security deposit and a few months of lease
payments for a) Restaurant equipment (e.g. grill, a walk-in refrigerator, a stand-alone refrigerator, freezer, steamer, fryer, tables, chairs, microwave ovens, convection ovens, sinks, prep tables, and an ice machine), b) Office equipment (e.g. copy machine, fax machine, phone system, music system), and c) Catering van. We estimate your monthly lease payment to be around $4,000. If you purchase any of this equipment, your cost of entry will be higher.
6. This represents your initial purchase of food products needed to launch your restaurant.
7. Utility companies may require you to pay deposits and prepaid expenses.
8. You must obtain certain insurance coverage to operate the restaurant. These figures represent the annual premium range.
9. These figures include the costs and expenses you will incur to: (i) obtain legal counsel to review the Franchise Agreement and Offering Circular, and to form your company; (ii) obtain an accountant to set up your accounting systems; (iii) obtain any business licenses you will need to operate the Franchised Business; (iv) purchase smallwares (e.g. pots and pans) and a menu board (v) purchase signage
10. You or the attendees you designate must attend our Manager Training before you open your restaurant. Costs vary due to the number of attendees you designate, distance from your location to our training site, and the quality of the food and lodging your attendees choose.
11. We recommend that you spend at least $5,000 of your first year's Local Advertising Budget in grand opening advertising and other promotions during your first three months of operation.
12. The "Additional Funds" category covers the initial expenses you are likely to incur while you establish the Franchised Business. Your expenditures will depend on factors like your business skills and experience, general and local economic conditions, competition, the prevailing wage rate, the amount of services you provide during the initial period, how well your business is performing, and the number of hours you are willing to invest in your Franchised Business. We assume that one or more of your owners will serve multiple roles in your Franchised Business, including the role of full-time Manager of the Franchised Business.