Thursday, May 14, 2015 10:53:24 PM
ILLEGAL BURGER has experienced great success in its first 18 months of
business and is now in the process of securing a line of credit for the expansion of its brand and
fast casual concept. Plans to open a third location in Downtown Denver as well as its first out of
state location in the greater Miami area are currently under way and will be secured once
financing has taken place.
Based on past performance of each location, ILLEGAL BURGER is looking at a
growth rate from 2 locations to an additional 10-12 corporate locations the first year and a
projection of 50 to 100 franchises in the first 12 months and 1000 franchise locations over the
next 60 months thereafter. This would give an increase in revenue from just under $2 million in
its current operations to approximately $15-20 million in revenue for the additional corporate
locations and close to an additional $20 million in one-time franchise fees after 5 years and an
additional revenue royalty from the franchisees of $40 million per year @ 4% fee back to
Corporate. Our projection of $20 million after 12 months of full operations of at least 6-8
corporate locations and the additional franchise’s locations around 20 is a true projection of our
corporate expansion plan for first year.
Besides our corporate strategy of opening locations and Franchises, we will also utilize
any credit facility or direct investment by purchasing, acquiring and/or entering into any
revenue sharing agreements that fit the Illegal Burger revenue generating business model.
We plan to incorporate massive expansion projects in Florida, New York, Texas, North/ South
Carolina, Georgia, Arizona, and California in phase one of expansion.
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