Fast Eddie's® is a franchised operation that requires a total investment of $245,000 to $295,000. Although this money is available to you by way of loan, we recommend that you have $70,000 to $100,000 available in unencumbered cash. We are of the belief that this amount of money is required so that you do not have to carry unreasonable debt load entering the business. If funds are to be borrowed against the equity in your home, we recommend that the mortgage be supported by a sufficient outside source of income. For example, one spouse continues to work outside the business. The following chart summarizes the total cost of purchasing a new Fast Eddie's® Twin Drive-Thru Franchised restaurant.

	TOTAL PURCHASE PRICE ESTIMATE	LOW	HIGH
	Leaseholds Improvements	80,000	100,000
	Equipment and Smallwares	110,000	130,000
	Signage	20,000	30,000
	Franchise Fee	25,000	25,000
	Opening Inventory	10,000	10,000
	TOTAL PRICE ESTIMATE	245,000	295,000
	Taxes Excluded
	NOT INCLUDING A WORKING CAPITAL ESTIMATE OF $20,000

Fast Eddie's® will assist in arranging financing for you and your new Fast Eddie's® Franchise. Usually we suggest a Canadian Small Business Loan (CSBL). Fast Eddie's® and it's agents will help to prepare a comprehensive business plan for your new Franchise Location and submit all necessary requirements to your preferred financial institution for approval.

	SOURCE OF FUNDS	LOW	HIGH
	Cash needed to qualify	70,000	100,000
	CSBL loan for the rest	175,000	195,000
	TOTAL FRANCHISE COST	245,000	295,000
	Taxes Excluded

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