The original documents were scanned as an image. The original file can be downloaded at the link above.

Sample UFOC

FRANCHISE OFFERING CIRCULAR

SILVER MINE SUBS⁹ FRANCHISE, INC. A COLORADO CORPORATION,

925 EAST HARMONY ROAD

SUITE 500

FORT COLLINS, COLORADO 80525 TEL: 970.266.2600

The franchise offered is for the operation of a restaurant, business under the name "Silver Mine Subs®". The initial Franchise Fee is $20,000 for a single store. The estimated initial investment required for a single Silver Mine Subs® restaurant ranges from $192,500 to $311,000. The initial ADA Franchise Fee totals $75,000 for a Silver Mine Subs® Area Development Agreement (five stores). ,The estimated initial investment required for a Silver Mine Subs® Area Development Agreement ranges from $220,500 to $342,000. In addition, the Franchisee will purchase the point-of-sale system from the Franchisor for a current cost of approximately $21,986 and the interior decor package for approximately $2400.

Risk Factors:

1.         THE FRANCHISE AGREEMENT PERMITS YOU TO ARBITRATE ONLY IN THE STATE OF COLORADO. OUT OF STATE ARBITRATION MAY FORCE YOU TO ACCEPT A LESS FAVORABLE SETTLEMENT FOR DISPUTES. IT MAY ALSO COST MORE TO ARBITRATE WITH SILVER MINE SUBS® FRANCHISE, INC., IN THE STATE OF COLORADO THAN IN YOUR HOME STATE.

2.          THE FRANCHISE AGREEMENT PERMITS YOU TO ARBITRATE WITH US ONLY IN COLORADO. OUT OF STATE ARBITRATION MAY FORCE YOU TO ACCEPT A LESS FAVORABLE SETTLEMENT FOR DISPUTES. IT MAY ALSO COST MORE TO ARBITRATE WITH US IN COLORADO THAN IN YOUR HOME STATE. THIS PROVISION MAY NOT BE ENFORCEABLE IN CALIFORNIA OR MARYLAND.

3.         THE FRANCHISE AGREEMENT STATES THAT COLORADO LAW GOVERNS MOST OF THE AGREEMENT, AND THIS LAW MAY NOT PROVIDE THE SAME PROTECTIONS AND BENEFITS AS LOCAL LAW. YOU MAY WANT TO COMPARE THESE LAWS. THIS PROVISION MAY NOT BE ENFORCEABLE IN CALIFORNIA OR MARYLAND.

4.         THE CALIFORNIA FRANCHISE INVESTMENT LAW REQUIRES THAT A COPY OF ALL PROPOSED AGREEMENTS RELATING TO THE SALE OF THE FRANCHISE BE DELIVERED TOGETHER WITH THE PROSPECTUS.

5.         AS OF DECEMBER 31, 2005, THE FRANCHISOR HAD ONLY $78,086 IN CURRENT ASSETS AND $344,772 IN CURRENT LIABILITIES. THE MEANS THAT FOR EVERY DOLLAR OF LIABILITIES DUE WITH ONE YEAR THE FRANCHISOR HAD ONLY $0.23 IN CURRENT ASSETS

UFOC REV rev 10-18-04 rev 4-7-05 rev 4-19-06                                                                                3

6.         AS THIS IS A NEW FRANCHISE IT SHOULD BE CONSIDERED TO BE A START UP.

7.         THERE MAY BE OTHER RISKS CONCERNING THIS FRANCHISE.

Information about comparisons of franchisors is available. Call the state administrators listed in Exhibit 1 or your public library for sources of information. Registration of this franchise with the state does not mean that the state recommends it or has verified the information in this offering circular. If you learn that anything in this offering circular is untrue, contact the Federal Trade Commission and the state authority listed in Exhibit 1.

Effective Date:___________

UFOC REV rev 10-18-04 rev 4-7-05 rev 4-19-06

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The original documents were scanned as an image. The original file can be downloaded at the link above.