Page 3 - Franchisee Welcome Guide
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➢ SITE SELECTION Site Selection Discussions Site Selection Confirmed Letter of Intent (LOI) signed Legal Documents signed with Confirmed Site Lease reviewed by Lawyer Lease Fully Executed Rent Deposits Paid Business Plan & Financial Forecasts Submitted to bank & MBI ➢ DEPARTMENT INTRODUCTION Introductory Call with MBI Support Departments Paid First Construction Fee Initial Cash Injection Franchise Fee Rent Deposit First Construction Fee Misc. Charges $ 25,000.00 $ 40,000.00 $ 100,000.00 $ 35,000.00 $ 50,000.00 *Opening Expenses $ 250,000.00 Working Capital *Plus applicable taxes Total 3