INVESTMENT

Johnny's New York Style Pizza Franchise Systems, Inc.
Initial Investment Chart

	Low Range	High Range
Franchise Fee	$ 27,000	$ 27,000
Initial Inventory	$ 7,000	$ 8,700
Initial Rent & Deposits	$ 4,800	$ 13,000
Utility Deposits	$ 0	$ 3,500
Grand Opening Advertising	$ 4,000	$ 4,000
Equipment	$ 45,000	$ 85,000
Leasehold Improvements	$ 65,000	$ 200,000
Permits, License & Fees	$ 250	$ 5,000
Survey Fees for License	$ 400	$ 1,500
Insurance	$ 1,500	$ 4,500
Signage	$ 3,000	$ 9,500
Office Supplies	$ 50	$ 250
Accounting & Legal Fees	$ 1,000	$ 2,000
Printing	$ 700	$ 2,500
Pre-Opening Payroll	$ 0	$ 1,000
Architect Fees	$ 450	$ 7,000
Training Expenses	$ 0	$ 3,500
Additional Funds	$ 10,000	$ 20,000
*(Working Capital)
Totals	$ 170,150.00	$ 397,950.00

North and South Carolina

For Charlotte, Asheville, and Greenville and surrounding areas:
Ron Morris 704-608-3169
For Greensboro, Raleigh, Durham, Winston Salem and surrounding areas:
Durwood Hall 336-669-3074

Texas
For Dallas, Fort Worth and surrounding areas:
Robert Boyce 469-232-2060 or Casey Daniel 214-864-9525