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BUFFALO'S CAFE

Fat Brands Inc.

Company Information

9720 Wilshire Blvd., #500 Beverly Hills, CA 90212

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We also offer franchises under the name Deck The Walls (“DTW”), and franchises under the name Framing & Art Centre (“FAC”) through our subsidiary Mapleleaf, Inc. See below in this Item for more information on DTW and FAC. This Disclosure Document is only for the offer of The Great Frame Up franchises, and not for the offer of DTW or FAC franchises. FCI Holdings Company, Inc. ("FCIHC") is a Delaware corporation, incorporated in February 2004. In March 2004, FCIHC acquired 100% of the stock of FCI. FCIHC has never offered franchises under its name or any other name, and its sole assets are FCI and the affiliates in this Item. The address of FCIHC is 221 First Executive Avenue, St. Peters, Missouri 63376. The Company's agents for service of process are disclosed in Exhibit A. We have sold franchises for the operation of retail stores known as "The Great Frame Up" since January 2007. As of December 31, 2018, there were 72 franchised units and no Company- owned units operating under the name "The Great Frame Up." The Great Frame Up retail stores offer frames, framing services, and related products. The Great Frame Up franchisee operates the franchise pursuant to The Great Frame Up System, which includes the Company's standards, specifications, methods and procedures. The System also includes the use of the trademark and trade name "The Great Frame Up." The services and prod- ucts of The Great Frame Up stores are offered to all segments of the public, and the stores are generally located in strip centers. There are no regulations specific to the services and products offered by The Great Frame Up stores, except for laws or regulations which apply to retail businesses generally. The Company offers existing The Great Frame Up franchisees the opportunity to establish a showroom store. All information in this Disclosure Document is applied to the purchase of a showroom store unless specifically and otherwise stated. The Company offers a Market Unit Addendum ("MUA") to the Franchise Agreement. Under an MUA, you are required to open one full store within 12 months of signing a The Great Frame Up Franchise Agreement, and 2 stores within 30 months after you open your original The Great Frame Up Store. All information in this Disclosure Document applies to the MUA unless specifically and otherwise stated. You will compete with other stores and online businesses that offer a wide range of frames, prints, and framing services, similar to those offered by The Great Frame Up stores, including stores which may be located in the same strip center as your The Great Frame Up franchise. Existing or new competitors in the market may offer similar goods and engage in aggressive promotion which may include discounting.

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

4/10

Investment Accessibility

4/10

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $50,000 Maximum: $50,000

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $568,020 Maximum: $2,528,500

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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