Sonic Projects

PHASE I SONIC FORT LAUDERDALE BEACH – SOLD OUT

  • Investors earn a 6% Preferred Return (or $30,000) per year and are first in the capital structure; Investors are not subordinated to anyone and must be paid before anyone else gets paid
  • The project creates more jobs than what is needed to support the EB-5 capital raise, it has direct control over the Human Resources department and working capital reserves to secure job creation
  • There is No Construction Risk – the developer is funding the initial cost to develop the restaurant prior to the receipt of EB-5 capital
  • Construction is underway started and the restaurant will be built by the end of March 2011. The jobs will be created immediately and the business will instantly start to generate cash flows
  • Achievable Exit Strategy at the end of the fifth year
  • Well capitalized company with NO DEBT that places the EB5 investors first

Sonic-1

Rendering of PHASE I Sonic Fort Lauderdale Beach

Investment-Summary-Brochure5Rendering of PHASE I Sonic Fort Lauderdale Beach

ABOUT THE RESTAURANT

• QueensFort’s “Flagship” Location – the 1st Sonic in all of South Florida
• 5,600 Sq. Ft. OCEANFRONT space with beautiful views of the Atlantic Ocean
• Open 24 Hours, 7 days per week
• First Sonic restaurant allowed to sell alcohol – increased profits
• Major bar component, arcade room, live entertainment on weekends
• Second point of sale system on first floor
• Neighboring restaurants achieving more than $4MM of sales per year
• Only fast-food restaurant in a 2.5 mile radius
• Steps away from the beach
• 7 major hotels in walking distance of Sonic site
• Year round warm weather
• More than 15 million visitors per year and more than 5 million permanent
residents

ADVANTAGES

• Get your green card AND make $150,000 on your investment in 5 years
• Investor collects a 6% fixed-rate, Preferred Return per year before the GP can receive cash distributions
• Investor is in most senior position in the capital structure, there is no bank debt and investor is NOT SUBORDINATED to anyone
• In the event of a sale or liquidation, EB5 investors collect first
• Exit Strategy at fifth year
• Valuable equity conversion option
• Highly influential Advisory Board Members with USCIS and DHS agency experience
• Sonic is a Publicly Listed Company that trades on the NASDAQ stock exchange
• Sonic sells the American Dream – Hamburgers & French Fries – a fast- food concept that is always popular and always in demand, even in slow economic times
• A brand that has MORE THAN 50 YEARS OF PROVEN SUCCESS with the same business model
• Sonic is a real operating business that produces significant cash flows
• South Florida is a world-class tourist destination – more than 15 million visitors per year
• A recent Sonic restaurant in Massachusetts achieved $4,800,000 of sales in 2009 and created 120 jobs, it is important to note that this restaurant
– Does not have the ability to sell alcohol
– Is 1,700 Sq. Ft and only open open from 6 a.m. to 2 a.m.
– Is in a location that must endure 6 months of frigid cold weather

PHASE 2 SONIC HOMESTEAD SOLD OUT

PHASE 3 Miami Gardens & Lauderhill Locations – Available for Reservation

Investors will own

• Two restaurants
• Approximately 2 acres of land
• Building & equipment
• Estimated time of completion for both restaurants – Fall 2011

Project Capitalization (Includes Both restaurants)
$7,800,000 US
Total EB-5 Capital Raise Includes Both restaurants $6,500,000 US
Investment Requirement
$500,000 US (State verified TEA Status)
Number of EB5 Investors (LPs) 13
Total Jobs Created
199 (verified by a noted USCIS economist)
Total Jobs Required
130
General Partner Contribution
$1,300,000 US
Intest Per Annum to LPs 4% payable annualy
Administration Fee
$40,000

About Miami Gardens Location

• Site under contract closing May 31st, 2011
• Asking Price $1,750,000
• Purchase Price $875,000
• Discount 50%

sonic-3

Rendering of PHASE III Sonic Miami Gardens

miami gardenLocation of PHASE III Sonic Miami Gardens

In the most recent year, a McDonald’s .25 mile from Sonic site achieved $3,400,000 of sales (without alcohol sales) Approximately one acre of land located next to a Super Wall-Mart Shopping Center that is directly across the street from the Sun Life Stadium. The SunLife Stadium is a world-class sports and entertainment facility that hosts a variety of venues. Most notably, it is the official stadium of the South Florida NFL football
team, the Miami Dolphins. The Stadium accommodates more than 75,000 fans.

About Lauderhill Location

• Site under contract closing March 31st, 2011
• Asking Price $2,000,000
• Purchase Price $850,000
• Discount 42%
• In the most recent year, a McDonald’s
• .25mile from Sonic site achieved $2,400,000 of sales
• (without alcohol sales)

lauderhill location

Location of Lauderhill

Approximately 1 acre of land located next to a Major Super Target Shopping center. Part of the South Florida Metropolitan area, which is home to 5 million permanent residents. Located just 7 miles from the beach.

Unique Feature Only at QueensFort Sonic Drive-In’s…

QueensFort’s Sonic restaurants are likely to introduce an innovative entertainment component that will offer “drive-in” customers the ability to view popular TV clips through a sleek over-sized LCD screen that will be located approximately 5 feet from their car. This concept is illustrated by the rendering below. Each “drive-in” stall would include a personal large LCD screen that will feature entertaining content throughout the time the customer is parked in the stall.

• Available to reservation

• 4 % fixed-rate, Preferred Return – get a green card and make $100,000 in five years
• 154% cushion on job creation – 199 total jobs, only 130 required
• Investor is not subordinated to anyone
• No debt, well-capitalized company
• In the event of a sale or liquidation, the investor must be paid out first
• Collateralized Exit Strategy at the end of the fifth year
• Valuable Equity Conversion Feature – allows investor to share in on upside of profits
• Investor will own two restaurants, approximately 2 acres of land, building & equipment
• Developer Issued Completion Guarantee

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