Sonic Item 7

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