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GRINS 2 GO - FDD UFOC ITEM 7 Detail

The Following Notes Accompany the Item 7 Disclosures

All payments in Item 7 are nonrefundable, except as we note below or if you arrange otherwise with a third party.

NOTE 1. Initial Franchise Fee. The Initial Franchise Fee is nonrefundable, except under the limited circumstances that we describe in Item 5.

NOTE 2. Real Estate. The Regional Licensee can have a home office and not need any outside space for his/her business as a Regional Licensee. If a separate space is kept, expenses associated with that have not been included. A Regional Licensee must own and operate an On Location Franchise until at least 40% of the Regional Licensee''s development plan has been completed. See discussion of this expenditure under the On Location Franchise tables.

NOTE 3. Furnishings. This includes any furniture needed to furnish the personal office. At most, nominal additional expenses are estimated for furnishings in connection with a separate facility.

 

 

Grins 2 Go FDD - 3/08 tb.us.2639071.u-S0.;





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