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5 YEAR PROJECTION <br />Type of Rent/Fees <br />Description <br />1/1/2023- <br />12/31/2023 <br />1/1/2024- <br />12/31/2024 <br />1/1/2025- <br />12/31/2025 <br />1/1/2026- <br />12/31/2026 <br />1/1/2027- <br />12/31/2027 <br />Based on per <br />square foot <br />annually, <br />based on <br />square <br />footage in <br />design <br />proposed by <br />the <br />Proposer; <br />due monthly <br />(See 2.14) <br />$ 20,000.00 <br />$ 20,000.00 <br />$ 20,000.00 <br />$ 20,000.00 <br />$ 20,000.00 <br />$ 20,000.00 <br />Annual Base Monthly <br />Rent <br />$ 2401000.00 <br />$ 2401000.00 <br />$ 2401000.00 <br />$ 240,000.00 <br />$ 240,000.00 <br />% of net <br />sales from <br />restaurant <br />sales; due <br />quarterly <br />Percentage Rent 3% <br />(See 2.15) <br />3% <br />3% <br />3% <br />3% <br />3% <br />Projected <br />Annual Gross <br />Receipts <br />Projected Net Sales <br />(See 2.15 (ii)) <br />$ 41000,000.00 <br />$ 41400,000.00 <br />$ 418401000.00 <br />$ 51324,000.00 <br />$ 51856,400.00 <br />Calculated <br />Percentage Rent <br />(C X D) <br />$ 120,000.00 <br />$ 132,000.00 <br />$ 145,200.00 <br />$ 159,720.00 <br />$ 175,692.00 <br />Estimated Total Lease <br />Payments <br />(B + E) <br />$ 3601000.00 <br />$ 37210000001$ <br />385,200.00 1 <br />$ 399,720.00 1 <br />$ 415,692.00 <br />