The company currently owns and operates The Sanibel - Palms Steakhouse in Ft Myers, Florida. That location was purchased for $ 1,800,000 and is well established for close to 10 years at the same location. The restaurant consistently generates operating revenues of between $ 1,800,000 and $ 2,100,000 per year. The facility has a full Bar/Lounge area, two banquet rooms that will accommodate all types of social gatherings and functions and will seat well over 100 in its dinning areas.
The current share structure of the company is 30,200,000 outstanding of which 24,236,802 are restricted for two years and in Mr. Galo's control, leaving 5,963,198 in the public float.
