Frfg viii booklet

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Frfg viii booklet

  1. 1. Presenting a New World of Opportunity EB-5 Visa Program in South Florida  Investment in a USCIS designated Regional Center  100% success rate on all previous I-526 petitions  Project offerings qualify for reduced investment of $500,000  Over $45,000,000 in EB-5 capital raised to date
  2. 2. Florida Restaurant Franchise Group Welcome to South Florida! We are Florida Restaurant Franchise Group (FRFG), a leading team of experienced restaurateurs in South Florida. Our passion for great food and entertainment has been instrumental to our success. The EB-5 Visa program has allowed us to share our passion with our customers and better yet, bring much needed jobs and economic growth to South Florida. Joe Sloboda, President and Director of Operations As President of Florida Restaurant Franchise Group, I am ecstatic about the overwhelming success of our restaurants. My team and I are developing nationally recognized franchise restaurants like VooDoo BBQ & Grill and Twin Peaks, which are quickly becoming popular in Florida. The EB-5 investors have already fully funded the first phase of the VooDoo BBQ & Grill expansion in Florida, with 2 locations operational. already fully Our rapid expansion of VooDoo BBQ & Grill and Twin Peaks is credited to the unique concepts of both brands, offering customers a different approach to dining. VooDoo BBQ & Grill is a New Orleans restaurant franchise, serving mouth-watering barbecue in Cajun Creole and Caribbean spices. While, Twin Peaks offers a mountain sports lodge ambiance and provides boldly flavored comfort food enjoyed by customers across 13 states and soon to open in South Florida. I welcome the opportunity to share my success with you and let you experience the delicious food our customers love nationwide!
  3. 3. The EB-5 Regional Center Program The EB-5 Regional Center Program allows eligible aliens the opportunity to become lawful permanent U.S. residents by investing $500,000 into a qualified EB-5 project in a USCIS designated Regional Center and create at least 10 permanent American jobs per individual investment. Most Regional Centers are located within a “Targeted Employment Area” which is an area that, at the time of investment, is a rural area or an area experiencing unemployment of at least 150 percent of the national average rate. As such, the EB-5 Regional Center Program is one of the most flexible immigration programs in the world, allowing foreigners to gain permanent United States residency for themselves, their spouse, and any unmarried children under the age of 21, through their EB-5 investment. Created in 1990, the EB-5 program has contributed more than $1.5 billion into the U.S. economy and has resulted in the realization of American dream for over 2,000 foreign immigrants in the last year alone. Below are some of the benefits enjoyed by the EB-5 investors:  Quickest Way to Obtain Permanent U.S. Residency for you, your spouse and all unmarried children under the age of 21  No Need for Sponsor  Not Required to Speak English  Direct Pathway to U.S. Citizenship  No Minimum Education Required  Currently No Quota or Waiting List for the EB5 Program  No Direct Management Responsibilities  Lower University Tuition Costs for Students as U.S. Resident   Live and Work in any part of the United States Required Student loans provided by U.S. Government to U.S. Permanent Residents, otherwise not available to F1 Student Visa holders  Travel To and From more than 160 Countries without Limitations or Restrictions as a U.S. Resident.
  4. 4. Palm Beach Regional Center Palm Beach Regional Center is approved by USCIS to operate in the Florida counties of Miami/Dade, Broward, Palm Beach, Martin, Port St. Lucie, Indian River, Hendry, Okeechobee and Charlotte. It is a great place to discover the wealth of opportunity that exists in the United States. Here in the center of the Western Hemisphere is a blossoming international business capital, already recognized for its magnificent climate, gorgeous beaches and golf courses, as well as its famous real estate. The region is blessed with numerous high-growth industries, such as bioscience and aquatech, and its rich multiculturalism makes it a comfortable destination for tourists and business people from all over the world. As the region evolves into a global gateway, a bounty of opportunities are constantly emerging. The Palm Beach Regional Center presents an opportunity to consider investment in a variety of different projects. These projects are carefully vetted and selected upon the basis of their ability to meet stringent criteria while meeting EB-5 standards in creating employment. The Palm Beach Regional Center is operated by Palm Beach Investment and Finance. It was established in 2008 with the intent of developing local industries, creating jobs and economic growth for the region, and helping promote the region to the international community. Presenting a New World of Opportunity Advantages of the Palm Beach Regional Center Previous Approvals: Previous EB-5 Projects within the Palm Beach Regional Center have received close to 80 approvals on the I-526 petitions. A total of 5 EB-5 projects have already been sponsored by the Palm Beach Regional Center. Attractive Minimal Participation Levels The Palm Beach Regional Center allows foreign investors to invest in prearranged programs at two levels of investment $500,000 in more than forty county-wide locations that have unemployment at 150% or more of the national average. Desirable Location Although EB-5 investors are free to live anywhere in the United States they wish, those interested in participation will find a great satisfaction in making their home in one of America’s most desirable locations. EB-5 Visa Program in South Florida  Investment in a USCIS designated Regional Center  100% success rate on all previous I-526 petitions  Project offerings qualify for reduced investment of $500,000  Over $45,000,000 in EB-5 capital raised to date
  5. 5. EB-5 Project Structure Florida Restaurant Franchise Group EB-5 Projects are administered through the Palm Beach Regional Center – a USCIS approved and federally designated Regional Center. The projects are located in cities like Miami, Fort Lauderdale and West Palm Beach, which are some of the most wealthy and important economic areas of the United States. All of the development sites have been certified and designated as being located in a “TEA” zone, therefore qualifying for the $500,000 investment requirement. FRFG projects are typically structured in the form of a loan, for a period of 5 years. The loan will be used for the acquisition, construction and operation of the restaurants. In some cases, the investment is backed by real estate and typically has the first lien on all assets of the business. During the course of the loan, the investors receive a fixed interest rate payment, which is accrued annually. The distribution of typically 2% is paid every 6 months. Once the conditions on the green card have been removed and the loan has reached its maturity, the developers would then refer to the available sources to repay the loan to the investors. For example, operational profits accrued during the years of operation may be used. Other options include the refinancing of the loan or ultimately the sale of the restaurant and the sale of the proceeds used to repay the loan.
  6. 6. VooDoo BBQ & Grill New Orleans Style Barbecue Previous EB-5 Success: Taste the Magic! Since 2002, VooDoo BBQ & Grill has become nationally In 2012, Florida Restaurant Franchise recognized Group fully funded the first phase of the restaurant and is poised to become one VooDoo BBQ & Grill expansion in of restaurant Florida. A total of 10 EB-5 investors franchises in the country. VooDoo BBQ participated in the project and have currently has 54 operating and licensed received 100% approvals on their I-526 locations and development sites in petitions. The first phase has already the a Why choose Florida? largest barbecue Louisiana, Texas, Mississippi, North Carolina, South Carolina and Florida with additional plans in place to expand into Georgia, Alabama and Washington, D.C. opened 2 VooDoo BBQ locations in Kendall and Pembroke Pines, with two more stores set to open before the end of 2013 in Fort Lauderdale and Hollywood. Combined, the restaurants will create a total of 175 full time jobs, which is 75% VooDoo is known for world-class and more than needed to meet the EB-5 mouth-watering barbecue, which begins Program jobs requirement. with Unlike many other EB-5 projects in the the finest premium quality ingredients and paired harmoniously country, with the perfected smoke meats in a restaurants is not dependent on EB-5 blend of Cajun Creole and Caribbean funds in order to begin operations. FRFG spices. will proceed with the development with the development or without the EB-5 investors. of our Florida is the 4th largest state in the United States. The EB-5 projects offered by Florida Restaurant Franchise Group are located in the southeastern region of the United States. Because of its year round warm weather and extensive coastline, the State of Florida is a very popular place to live and enjoy recreational activities. The Miami metropolitan area is the largest metropolitan area in both Florida and the Southeastern United States. Tourism and trade are the two largest driving economic forces in this market, with more than 60 million tourists visiting the area each year. Florida has enjoyed substantial migration of wealthy individuals to metropolitan areas, as prime waterfront real estate became available at attractive prices, and because Florida is one of the seven US States that does not impose a personal income tax.
  7. 7. VooDoo BBQ & Grill Grand Openings 2013 - Jack Flechner at the May 2013 Grand Opening of VooDoo in Kendall, FL. VooDoo BBQ & Gill happy customers at the May 2013 opening. - Grand opening of Pembroke Pines location in January 2013.
  8. 8. Twin Peaks EATS  DRINKS  SCENIC VIEWS Twin Peaks Restaurant has been nationally recognized with multiple awards and is quickly becoming one of fastest growing restaurants in the United States. Founded in 2005, Twin Peaks Restaurants meet the needs of an untapped market. The restaurant offers a mountain sports lodge ambiance and provides boldly flavored comfort food enjoyed by customers across 13 states. Since opening of the original location near Dallas, Twin Peaks now operates 33 restaurants, with plans to unleash 17 more by the end of 2013. The success of the franchise is simple – cold draftbeer from up to 24 taps, house-made food, state-ofthe-art TV’s and most importantly, friendly and beautiful Twin Peaks Girls. The Twin Peaks Restaurant brand scored a 2010 "Hot Concept!" award from the trade magazine “National Restaurant News”.
  9. 9. Growth Map of Twin Peaks THIS “HOT CONCEPT” IS COMING TO FLORIDA In the summer of 2013, Twin Peaks opened Cities like Miami, Fort-Lauderdale and its first Florida restaurant in Orlando. Now Palm Beach are top cities for tourism and there are plans to open more than 25 Twin Florida Restaurant Franchise Group is Peaks restaurants across the state over the taking full advantage of this amazing growth next 10 years. Jack Flechner and his team at opportunity in developing the Twin Peaks Florida Restaurant Franchise Group have franchise brand. exclusive rights to develop the brand in South Florida.
  10. 10. Frequently asked questions Below are some of the most commonly asked questions regarding the EB-5 Visa Program and the projects offered by the Florida Restaurants Franchise Group. For additional information, please contact Florida Restaurant Franchise Group directly at info@eb5restaurants.com How long does the EB-5 application process take? The life cycle of an EB-5 based petition is divided into two parts – the approval of the I526, and the actual adjustment of status or consular processing. The initial part, which is the processing of the I-526, can take from 3 months to 12 months. The approval of the I526 is a crucial part of the petition, as USCIS evaluates, at this time, whether the EB-5 investment follows the guidelines imposed by law. What is “lawful source of funds”? In order for the EB-5 investor to become a US legal resident or green card holder, the EB5 investor must be able to show to USCIS that the capital invested in the job-creating entity was obtained through lawful means. Income tax returns, evidence of acquisition and sales of property (in the US and abroad), and evidence of gift of funds are among some of the documents your immigration attorney will likely request in order to establish that the capital invested was earned through lawful means. What happens if the investor’s green card is denied? Since investors are fearful that they will lose their money if their green card application (I-526) is denied, we have established a 100% refund policy of all investment funds and applicable fees. To further assure approval, we have employed the services of some of the most experienced EB-5 attorneys in the country to review each investor’s petition before it is submitted to USCIS to help assure a streamlined approval process and reduce the chances for a denial. Please reference all offering documents for complete explanation of refund policy. What is your experience with developing and running a franchise? Florida Restaurant Franchise Group has a combined 30 years of success in running various national franchise operations. Most recently, Joe Sloboda and his team developed and operated the fast food concept of Five Guys Burgers and Fries in the greater Miami area. Five Guys has been one of the fastest growing restaurant chains in the United States and has approximately 900 stores. The location ran by Mr. Flechner in Miami Beach, was in the top 5 highest-grossing stores in the country.
  11. 11. Florida Restaurant Franchise Group Your Gateway to U.S. Residency!
  12. 12. Florida Restaurant Franchise Group www. eb5restaurants.com FRFG 2149 North Commerce Parkway, Weston, FL33326 info@eb5restaurants.com Tel: +1 (954) 727-9800 Fax: +1 (954) 727-0303 THIS MATERIAL IS INTENDED FOR GENERAL INFORMATION PURPOSES ONLY. THIS IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES. ANY OFFER OF SECURITIES IN ANY SPONSORED FLORIDA RESTAURANT FRANCHISE GROUP PROJECT MAY ONLY BE MADE PURSUANT TO A WRITTEN OFFERING MEMORANDUM AND ANY SALE OF SECURITIES IN SUCH PROJECT SHALL BE EVIDENCED BY A SUBSCRIPTION AGREEMENT EXECUTED BY THE POTENTIAL INVESTOR. THE UNITS WILL BE OFFERED AND SOLD (i) OUTSIDE OF THE UNITED STATES IN RELIANCE ON REGULATION S UNDER THE SECURITIES ACT AND (ii) INSIDE THE UNITED STATES UNDER THE EXEMPTION FROM REGISTRATION PROVIDED BY SECTION 4(2) OF THE SECURITIES ACT AND REGULATION D PROMULGATED THEREUNDER AND OTHER EXEMPTIONS OF SIMILAR IMPORT PURSUANT TO THE LAWS OF THE STATES AND JURISDICTIONS WHERE THE OFFERING WILL BE MADE. NO OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY UNITS MAY BE MADE IN ANY JURISDICTION IN WHICH, OR TO ANY PERSON TO WHOM, IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR SALE.

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