| Type of Expenditure | Estimated Low (USD) | Estimated High (USD) | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|---|
| Franchise Fee | 45000 | 45000 | Lump Sum | At Signing of License Agreement | Sonic |
| Payroll | 13000 | 47000 | As Incurred | During Training and Pre-Opening | Your Employees |
| Training, travel and Living Expenses while Training |
41000 | 72000 | As Incurred | During Training | Hotels, Restaurants and Airlines |
| A-Team Trainers | 54000 | 97000 | As Incurred | During Pre-Opening and Post-Opening | SISI |
| Advertising Funds | 10000 | 25000 | As Incurred | Pre-Opening Period | Suppliers |
| Beginning Invertory | 30000 | 120000 | Lump Sum | Prior to Opening | Suppliers |
| Security Deposits, impact fees for utilities, utility deposits, business license and other prepaid expenses |
10000 | 150000 | Lump Sum | Prior to Opening | Suppliers |
| Insurance Premiums | 13000 | 22000 | Lump Sum | Prior to Opening | Suppliers |
| Additional Funds (Three Months) |
5000 | 10000 | As Incurred | Prior to Opening and Monthly | Suppliers |
| Land 8 | Variable | Variable | See Note 8 | See Note 8 | See Note 8 |
| Building and Site Work | 526000 | 808000 | See Note 8 | See Note 8 | See Note 8 |
| Equipment, Point-Of-Sale System ("POS") and Digital Menu Housings ("POPS") 9 |
261000 | 329000 | See Note 9 | See Note 9 | Suppliers |
| Sonic Sign10 | 15000 | 40000 | See Note 10 | See Note 10 | Suppliers |
| TOTAL ESTIMATED INITIAL INVESTMENT (plus land costs) 11 |
1023000 | 1765000 | |||
| Optional - Indoor Seating | 100000 | 150000 | See Note 11 | See Note 11 | Suppliers |