Guthrie's

The Company is an Alabama corporation formed on January 5, 2004. We conduct our business under our Company name and the name “Guthrie’s”. Our principal business address is 2320 Moore’s Mill Road, Suite 600, Auburn, Alabama 36830, our telephone number is (334) 887 6555, and our registered agent at our principal business address is Joe Kelly Guthrie. We are engaged only in the business activities that relate to the franchised Guthrie’s restaurants and have not offered franchises in any other lines of business. We are owned by members of the Guthrie’s family (“Guthrie’s Owners”). None of the Guthrie’s Owners offer franchises in any line of business.

The total investment necessary to begin operation of a Guthrie’s restaurant is $231,050 $569,200, excluding real estate costs. This includes $75,000 that must be paid to the franchisor or its affiliate. The initial franchise fee will be $35,000 for each Guthrie’s restaurant that you agree to develop. If you sign an area development agreement, you will also pay a development fee, the amount of which will vary, depending on the factors described in Item 5 of this disclosure document. The portion of the development fee attributable to the development of the Guthrie’s restaurant will be applied against the initial franchise fee when the franchise agreement for the Guthrie’s restaurant is signed, and the remainder of the initial franchise fee will be due upon execution of the franchise agreement.