What is the range for estimated leasehold costs for a Dickeys Barbecue Pit traditional restaurant?

• (3) Dickey's requires that you lease the premises for a Restaurant.

The amounts provided are based on a Restaurant within a shopping center, free-standing structure, or non-traditional setting containing the approximate footprint size for a Traditional Restaurant (1,500 to 1,800 square feet), Non-Traditional Restaurant (400 to 1,000 square feet), and Delivery-Carryout Restaurant (1,000 to 1,300 square feet).

The amounts you pay for leasehold improvements may vary substantially based upon local commercial leasing conditions, cost of utility deposits, and labor rates and conditions and the availability and prices of materials.

• (29) Dickey's has relied on its recent experience to compile these estimates. We cannot assure you that you will incur the same costs in your market. You should review these figures carefully with a business advisor before making any decision to purchase the franchise. The Initial Investment estimates relate to a single Restaurant in each listed category.
• This table provides estimates of your initial investment for a Dickey's Restaurant constructed using Dickey's current prototype plans and specifications. Traditional Restaurants typically have 40-50 seats for dining depending upon the square footage of the Restaurant premises under a single unit Franchise Agreement. Non-Traditional Restaurants may have limited seating capacity while Delivery-Carryout Restaurants generally do not have seating or share a common seating area within a larger venue. If you decide to incur additional costs to develop a design for your Restaurant that varies from our prototype, or you select a location where the landlord requires that you make design changes that incur costs that exceed our estimates, even if we approve the variation or changes, you are responsible for the additional costs and their impact on the performance and finances of your Restaurant. For purposes of this table, the numbers for a Non-Traditional Restaurant are based on a conversion of an existing food service facility located within a convenience store, food court or other "non-traditional" setting containing 400 to 1,000 square feet. The estimates for Traditional Restaurants include the conversion of a previously finished out, equipped restaurant facility containing approximately 1,500 to 1,800 square feet. This may entail a (i) "retail space conversion", that is, the conversion of previously finished out retail "white space" not equipped with restaurant facilities and containing; or (ii) a "shell building finish out", that is, an unfinished retail space in a "shell" condition, typically located within a retail strip center. The estimates for Delivery-Carryout Restaurants assume limited footprints of approximately 1,000 to 1,300 square feet. The table assumes in all cases that you will the lease the location of your Restaurant. We do not estimate the cost of new construction, free standing restaurants.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 34–42)