Just Between Friends Franchise System, Inc.

Initial Investment

$67K - $98K

Item 7 — Estimated Initial Investment

Franchise Fee

$25K

Item 5 — Initial Franchise Fee

Royalty Fee

3% of Gross Sales, subject to annual minimums of $5,250 for years 1-2 and $10,500 for year 3+, up to 5%

Item 6 — Continuing Royalty + 1% of Gross Sales, capped at $3,500 annually per location, up to 3% ad fund

Years in Business

23+ years

Item 1 — Founded 2003

Item 19 (Earnings Claims)

Not Disclosed

No financial performance representations made

Agreement Term

5 years

Item 10 — Franchise Agreement · $3K renewal fee

Transfer Fee

$8K

Item 17 — Transfer of Franchise