ITEM 7 – ESTIMATED INITIAL INVESTMENT

The following table provides an estimate of your initial investment for one Franchised Business based

on our experience. All fees and payments are non-refundable.

Type of Expenditure

Amount

Method of Payment

When Due

To Whom Payment Is to Be Made

Initial Franchise Fee

Veteran Discount

$30,000

$2,500

Lump Sum

When you sign the Franchise Agreement

JDog Franchises, LLC

H2 Hummer H2 (2002-2009 model year), Jeep Wrangler or Other Approved Vehicle

$0.00 – $30,000

Lump Sum or financed

As incurred

Car owner/dealer

Trailers

$5,000 – $10,000

Lump Sum

As Incurred

Trailer owner/dealer

Equipment carts/dollies, misc.

$500 – $750

Lump Sum

As Incurred

Supplier

Permits & Licenses

$200 – $750

As Incurred

As Incurred

Governmental Authorities

Signage-vehicle wrap

$6,000 – $12,000

As Agreed

As Incurred

Supplier

Prepaid Insurance Premium

$1,200 – $3,500

As Required by Vendor

As Required by Vendor

Insurance Carrier/Broker

Cell phone/computer/software

$500 – $1,500

As Incurred

As Incurred

Supplier

Initial Marketing Fee

$3,000 – $6,000

As Incurred

Used within 30 days before and/or after your opening date

Kept in account and verification of expenditures as requested

Professional Fees

$500 – $2,000

As Incurred

As Incurred

Various

Travel, accommodations and meals during Initial Training

$300 – $3,000

As Incurred

As Incurred

Various

 

Type of Expenditure

Amount

Method of Payment

When Due

To Whom Payment Is to Be Made

Office Furnishings

$0 – $2,500

As incurred

As incurred

Suppliers

Rent/Security Deposit

$0 – $5,000

As required by landlord

As required by landlord

Landlord (if any)

Additional Funds 3 months

$3,000 – >$10,400

As Incurred

As Incurred

Various

Total

$41,700 – $104,000

1- H2 Hummer, Pickup Truck, or Jeep Wrangler are recommended (we have had success with the H2 Hummer, Pickup Truck and Jeep, and feel they personify our military image, but if you already own a vehicle with appropriate towing capacity, you may submit it for our approval).  Vehicle may be purchased or financed. If you choose to finance, you may have deposits and/or down payments but you would reduce your upfront cash requirements. All vehicles must be pre-approved and must contain same standard graphics

2 – Estimate, subject to changes and regional variations in the market for such items. Prospective Franchisee is strongly encouraged to research the current cost of such items in the intended market area.

3 – Estimate, subject to changes and regional variations in the market for such items. Prospective Franchisee is strongly encouraged to research the current cost of such items in the intended market area.

4 – The cost of permit and licenses are specific to the Franchisee’s selected state and local government. The cost provided is strictly an estimated and prospective Franchisee is strongly encouraged to research governmental requirements of their specific area

5 – Insurance premiums may vary based on the Franchisee previous claim history and/or their selected area of operations for their Franchised Business.

6 – You must have a dedicated laptop computer with internet access and must license or purchase the scheduling software we designate and Quickbooks financial management software. You must also have a cell phone with a separate phone number for accepting business calls.

7 – This estimate includes travel to and from the training location, food and hotel accommodations for you and up to one (1) employee for six (6) days and six (6) nights.

8 – You may choose to, but are not required to lease a designated office space from which to run your junk removal Business. We estimate that you will require a minimum of 350 square feet of dedicated space to operate computer and telephone equipment and maintain records. We do not have any specific requirements for the quality and condition of this space, but it must have reliable telecommunications and/or internet access, and should be such that you will be able to properly organize and maintain your customer and business records. If you do choose to secure separate office space, you will need to furnish the office, pay rent and in some cases make a security deposit with the landlord. These costs vary according to area and the quality of the space and furnishings.

9 – The estimate of additional funds for the initial period of your junk removal business is based on estimated operating expenses for the first three months of operation. The additional funds required will vary by the area and depending on whether you choose to hire a helper, the relative effectiveness of you and your helper, whether you choose to rent office space, and the monthly rent and expenses associated with such space.

10 – We do not provide direct financing for any part of your initial investment. For information on assistance we may provide in your effort to secure third party financing, please refer to Item 10 of this Disclosure Document.

 

 

ITEM 19 – FINANCIAL PERFORMANCE, REPRESENTATIONS