Question-and-Answer Session
Operator
We will now begin the question-and-answer session. (Operators Instruction) Your first question comes from the line of Robert Weiler - Piper Jaffray.
Rober Weiler - Piper Jaffray
Just a couple of questions for you. First of all, openings and closings on the franchise side, you guys disclosed that?
Sally Smith
We gave the net openings in the fourth quarter and that was? The openings on franchise in the fourth quarter would have been just like 15.
Rober Weiler - Piper Jaffray
Fifteen okay. But you do not give openings or closings?
Sally Smith
I do not know if we had any closings in the fourth quarter. None come to mind, and we can check that. If we had any throughout the year I think maybe one or two relocations or renewals throughout the year but I do not think any in the fourth quarter.
Rober Weiler - Piper Jaffray
Okay, great. And then the next question, I think I missed the CapEx for 2008 was $66 million, is that right?
Mary Twinem
Correct.
Rober Weiler - Piper Jaffray
And then expectations for that in the FY09 can you give us any color? Should we be expecting similar for FY09 and FY10?
Mary Twinem
For 2009, we have expected about $75 million in CapEx. That would be opening 35 new company stores, so if you had 35 new company stores at $1.5 million a piece. In addition to that we would expect about 15 remodels and they would cost about $500, 000 a piece and then we have additional AV upgrade that we planned to do that would be about $4.5 million and then other special project CapEx kind of stuff that would total up to $10 million.
Rober Weiler - Piper Jaffray
Perfect and then one more, I believe you said for the first quarter 2009 on the development that there are five company-owned but then 68 additional but then I think later on you circled back and said 8 to 10 full company-owned for the quarter?
Mary Twinem
We have opened up the two companies so far and we expect another 6 to 8 for a total of about the 8 to 10 in the quarter and then on a franchise side they have opened five already and then there is five to seven more to open. So there will be 10 to 12.
Operator
Your next question comes from the line of Paul Westra of Cowen & Company.
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