6. HRSR 04-04-2011 - Laserfiche WebLink

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Request for Proposal for Financing and/or Franchise Approval The Pizza Ranch located on in Elk River will offer a variety of food and beverages that can be purchased by pickup at the drive-thru window, table service at the restaurant, delivery, and noon and dinner buffet. The owners of GRM of Minnesota, LLC are seeking approximately $1,300,000 for the purchase of land, existing building, build-out, furniture, fixtures, & equipment, and startup costs associated with a new Pizza Ranch. This sum, together with $300,000 cash equity investment of the principals will be sufficient to finance this enterprise. An analysis of the potential market indicates that The Pizza Ranch will be a very successful business. Abounding in natural beauty, Elk River is a vibrant, historic river town that promotes an active lifestyle in an innovative and involved community offering unlimited opportunities. Elk River is located at the convergence of the Mississippi and the Elk rivers. It is the county seat of Sherburne County and has a median age of 32 years and a median income of $73,379. A suburb that is just 20 Minutes from the Twin Cities, it serves as a gateway to Minnesotans that head "Up North". Currently, Elk River is underserved by the restaurant business. The Pizza Ranch's menu items and pricing will draw patrons from every demographic group within the community. The large community room, friendly atmosphere and ease of access off State Highway 169 will further differentiate the Pizza Ranch from its competitors. Pizza Ranch has consistently done well in communities of similar size and demographics. The following business plan provides the details for how we plan to successfully launch this new Pizza Ranch business in Elk River, MN. SBA Loan Information SBA Registry Pizza Ranch is a certified franchise and listed in the SBA Franchise Registry. The SBA Franchise Registry is a successful partnership between the U.S. Small Business Administration, Franchise Lenders, Franchisors and Franchisees. The Franchise Registry is administered by FRANdata, the source of information about the franchise world. A copy of the website page follows, which can be accessed on line at www.franchiseregistry.com/ReQi~y. Bank Credit Report Pizza Ranch has also participated in the Bank Credit Report, which is also prepared by the independent franchise consulting group, FRANdata, an independent research company whose professional team has more than 30 years of collective experience in the banking industry. Copies of the Bank Credit Report, which compares Pizza Ranch with several comparable franchise restaurant chains, can be requested by contacting Brenda Anderson, Franchise Development Administrator for Pizza Ranch, at bnderson @ pizzaranch.com.