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FRANCHISE DISCLOSURE DOCUMENT HAMPTON INNS ...

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(1)<br />

Type of Expenditure<br />

(2)<br />

Amount<br />

(3)<br />

Method Of<br />

Payment<br />

(4)<br />

When Due<br />

(5)<br />

To Whom Payment<br />

is to be Made<br />

Additional Funds<br />

Note 20<br />

$160,000 to<br />

$275,000<br />

As<br />

contingencies<br />

arise<br />

As agreed with<br />

contractor/ suppliers<br />

Contractor<br />

Suppliers<br />

Total $5,677,500 to $9,946,000<br />

THESE FIGURES DO NOT INCLUDE REAL ESTATE RELATED COSTS, ANY MARKET<br />

STUDIES, ANY CONSTRUCTION EXTENSION FEES, INSURANCE, INTEREST OR THE<br />

COST OF IMPROVEMENTS UNDER A CONVERSION, RE-LICENSING OR CHANGE OF<br />

OWNERSHIP LICENSE.<br />

101 ROOM <strong>HAMPTON</strong> INN & SUITES<br />

TABLE 3<br />

(1)<br />

Type of Expenditure<br />

(2)<br />

Amount<br />

(3)<br />

Method Of<br />

Payment<br />

(4)<br />

When Due<br />

(5)<br />

To Whom Payment is to<br />

be Made<br />

Development Services<br />

Fee<br />

$65,000<br />

Note 1<br />

Lump Sum<br />

With license<br />

application<br />

Us<br />

Product Improvement<br />

Plan<br />

$5,000 fee with<br />

Application for<br />

Change of<br />

Ownership, Relicensing<br />

or<br />

Conversion Note 2<br />

Lump Sum<br />

Before<br />

Preparation of<br />

Plan<br />

Market Study Note 3 As arranged As arranged Nationally recognized<br />

independent consulting<br />

firm<br />

Phase 1 Environmental<br />

Assessment<br />

$0-$10,000<br />

Note 4<br />

As Incurred As Incurred Employees, Suppliers,<br />

Utilities<br />

Real Property Note 5 As Incurred As Incurred Suppliers<br />

Construction/Leasehold<br />

Improvements<br />

As Incurred As Incurred Suppliers<br />

Designer and<br />

Engineering Fees<br />

Furniture, Fixtures and<br />

Equipment<br />

New Development:<br />

$5,600,000 to<br />

$9,000,000<br />

Note 6<br />

Change of<br />

Ownership, Relicensing<br />

and<br />

Conversion: Note 7<br />

New Development:<br />

$180,000 to<br />

$500,000<br />

$1,000,000 to<br />

$1,600,000<br />

Note 8<br />

Us<br />

As Incurred As Incurred Suppliers<br />

As Incurred As Incurred Suppliers<br />

{000011-999987 00174938.DOC; 2}<br />

March 31, 2011 Hampton<br />

43

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