CONFIDENTIAL

                                PERSONAL & FINANCIAL
                                  APPLICATION FORM


Personal Profile

If you are applying for a Franchise partnership with another person, please complete
separate profiles. Please attach a current resume if available.  

  Mr./Mrs./Ms. _______________________________________________________________________              Last                   First                    Middle   Address ____________________________________________________________________________          Street   ____________________________________________________________________________          City                         State                  Zip     Home Phone ____________________________ Business Phone ____________________________   Email Address__________________________ Fax _______________________________________   Date of Birth _________________________ Social Security # _________________________   Cisizenship____________________________ City of Birth _____________________________   Driver’s License #_____________________ State Issued ___________ Expires __________   Spouse Name ___________________________  Married Since _____________________________   If married, will spouse be active in business?        Yes _____     No _____   Education _____________________________  High School _______________________________   College _______________________________  Other _____________________________________   Degree ________________________________   HEALTH:       Excellent (   )   Good (   )   Fair (   )   Physical Limitations (   )   Preference Of Santorini Island Grill Location:               First Choice: _________________________________________________________               Second Choice: _________________________________________________________   Third Choice: _________________________________________________________

Professional Background   Present Position   Company _______________________________________    Telephone _______________________   Type of Business ___________________________ Employed from __________  to __________   Your duties with your employer _____________________________________________________   Address ____________________________________________________________________________   May we conduct your employer? ______________________________________________________   Previous Position   Company ________________________________________   Telephone _______________________   Type of Business ____________________________ Employed from __________ to __________   Your duties with your previous employer ____________________________________________   Address ____________________________________________________________________________   May we conduct your previous employer? _____________________________________________     Have you ever owned a franchised food operation?     Yes _____     No _____   If yes, are you still in business with that franchise?    Yes _____     No _____   Why or why not? ____________________________________________________________________   Do you have a retail of restaurant management experience?     Yes _____     No _____   Please explain _____________________________________________________________________   ____________________________________________________________________________________

General Information   How long have you considered owning your own business and why? _____________________ ____________________________________________________________________________________   What type of business seems to appeal to you most? _________________________________ ____________________________________________________________________________________   How did you first learn about Santorini Island Grill? ______________________________ ____________________________________________________________________________________   Why are you interested in a Santorini Island Grill Franchise? ______________________ ____________________________________________________________________________________ ____________________________________________________________________________________   Briefly describe your qualifications and skills in owning a Santorini Island Grill ____________________________________________________________________________________ ____________________________________________________________________________________   What are your career and financial goals? __________________________________________ ____________________________________________________________________________________ ____________________________________________________________________________________   Will you have a business partner in your Franchise?    Yes _____     No _____   If "YES" name of partner _________________________   Relationship __________________   What role your partner will have in the business? __________________________________   Will you be responsible for the day-to-day operations of the business? Yes___  No___   If not, who will? __________________________________________________________________   How will you finance your business? ________________________________________________   When you would like to open your franchise? ________________________________________

Personal References   Name ___________________________________ May we contact? __________________________   Address ________________________________  Relationship _____________________________   Home Telephone _________________________  Business Telephone _______________________   Name ___________________________________ May we contact? __________________________   Address ________________________________  Relationship _____________________________   Home Telephone _________________________  Business Telephone _______________________   Name ___________________________________ May we contact? __________________________   Address ________________________________  Relationship _____________________________   Home Telephone _________________________  Business Telephone _______________________ Banking References Name ___________________________________  Title ____________________________________   Telephone ______________________________  Fax ______________________________________ Name ___________________________________  Title ____________________________________   Telephone ______________________________  Fax ______________________________________   Have you ever been bonded? _____________    If "YES" for how much? _________________   Have you ever been refused bond? _______     Please explain ________________________

Financial Information   Assets   1. Cash on Hand & Unrestricted in Banks                   $ ______________________    2. Savings Funds / Certificates                           $ ______________________   3. Real Estate (Fair Market Value)                        $ ______________________   4. Accounts, Loans, Receivables                           $ ______________________ 5. Life Insurance (Cash Surrender Value)                  $ ______________________   6. Stocks & Bonds (Fair Market Value)                    $ ______________________    7. Automobiles (Registered in Own Name)                    $ ______________________   8. Other Assets                                           $ ______________________   Total Assets                                              $ ______________________   Liabilities   1. Notes Payable to Banks (Unsecured)                     $ ______________________   2. Notes Payable to Banks (Secured)                       $ ______________________   3. Notes Payable to Others (Unsecured)                    $ ______________________   4. Loans Against Life Insurance                           $ ______________________   5. Accounts Payable                                       $ ______________________   6. Taxes Owned                                            $ ______________________   7. Mortgages Payable on Real Estate                       $ ______________________   8. Other Liabilities (Please Itemize)                     $ ______________________   Total Liabilities                                         $ ______________________   Subtract Total Liabilities from Total Assets               $ ______________________     Signature _______________________________________   Date ________________

Notification Form   The purpose of this form is to notify you that a consumer / credit report will be run on you in the course of consideration for franchise with: Santorini Island Grill I hereby authorize Santorini Island Grill Franchise Development Corporation the parent company of Santorini Island Grill its agents, and all credit agencies, educational institutions, corporations, current and former employers, law enforcement and government agencies, city, state, county and federal courts, military services, and persons to release any information they may have about me to the company which this form has been filed, or their agency, Law Offices of Spilotro & Kulla.   I release the Law Offices of Spilotro & Kulla. and/or its agents and any person or entity which provides information pursuant to this authorization and all liabilities, claims, or lawsuits in regards to the information obtained from any and all references sources used.   Disclosure Statement   In connection with the administration of this application, Santorini Island Grill may request a routine investigative report concerning my character, general reputation, personal characteristics, and mode of living, whereby information is obtained through interview with my neighbors, friends, and others with whom I am acquainted. Routine investigation may also be conducted into any and or all of the statements made in my application. I understand that should any statement given by me in this application prove to be false, Santorini Island Grill may close/cancel any further consideration of the Franchise Application.     If such a report is requested, information about the nature and scope of this investigation will be made available to me upon request, if made within a reasonable period of time.   The undersigned certifies that the information furnished in this preliminary Santorini Island Grill restaurant application is true and correct.   Signed ________________________________________________   Date ___________________   Applicant’s Name _________________________________________________________________   Social Security Number _________________________ Date Of Birth ___________________   Applicant’s Driver License _____________________ State Issued ____________________