Tallahassee needs more social and entertainment venues to retain its young professional demographic between ages 25-54. Concept Creative Hospitality Group plans to open a green business space with a cocktail lounge, restaurant, private meeting space, and business incubator to engage this group. They estimate startup capital needs of $3 million which will come from SBA loans, private equity investors, and friends/family. They project being operationally profitable within 90 days of a soft opening on Black Friday and grand opening on New Year's Eve.

1. Concept Creative Hospitality Group, Inc. (CCHG) LaTanya White, MBA Owner, 71 Proof LLC 1700 N. Monroe, #11-171 Tallahassee, FL 32303 [email_address] 850.443.8544

2. ~ Florida’s Capital City cannot retain working professionals ~ Heavy reliance on government jobs is not attractive to the creative class ~ City experiences “brain drain”, 25-54 YO demographic is not engaged: they have the most job opportunities and will relocate The Problem

4. ~ CCHG, Inc. is a green business and social space ~ CCHG is a portfolio of companies: Cocktail Lounge, Commercial Restaurant, Private Meeting Space, Bar Catering, Mini-Business Incubator ~ Grassroots extension of President Obama’s “New Energy for America Plan” The Model

5. ~ Standout company in portfolio is the Cocktail Experience Lounge (recession-resistant) ~ Target demographic is 25-54 YO working professional ~ Revenue from membership fees and Business Incubator absorb 10-25% of overhead expense The Magic

6. ~ Startup capital needed total $3M: Downtown location, equipment, greenovations ~ Funding Contributions: SBA Loans (504, 7a) 55%; Private Equity Investors 35%; Friends, Family, Skin in the Game 10% ~ Average 25% F&B Cost: $986K in sales for 60 days ~ Operating Profit in 90 days viable: soft opening on Black Friday, Grand Opening NYE and Legislative Session commences 45 days after operation begins The Numbers