Restaurant Franchising, 3rd Edition

110 Restaurant Franchising

in column 3, the due date for each fee should be recorded; and in column 4,

remarks, defi nitions, or caveats that elaborate on the information in the table

are to be included. The remarks column (or footnote) must address, if appli-

cable: (1) whether the fee is payable only to the franchisor; (2) whether the

fee is imposed and collected by the franchisor; (3) whether the fee is non-re-

fundable or the circumstances when the fee is refundable; (4) whether the fee

is uniformly imposed; and (5) the voting power of franchisor-owned outlets

on any fee imposed by cooperatives.

ITEM 7: ESTIMATED INITIAL INVESTMENT

Item 7 of ...