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a ~A~' F~ d <br />Elk River Pizza Ranch Project Narrative - y 011 <br />Detailed Description/Scope of Proiect -What is Beim Proposed <br />Proposal Information -Proposal Name/Location: Elk River Pizza Ranch, 19141 Freeport St NW, <br />Elk River, MN 55330 (old Movie Gallery building on Hwy 169) <br />Total Projected Cost: $1,590,850 <br />Proposal Sum~mary -Acquire an existing empty building in Elk River; remodel building to <br />National Franchise standards. Acquire adjoining 65' of land to expand parking lot. Create new <br />parcel to include the acquired 65' and existing lot on 19141 Freeport St NW, Elk Rive, MN <br />55330. Open A Pizza Ranch Franchise in Elk River -Fall of 2011. <br />Site Identification - 19141 Freeport St NW, Elk River, MN 55330. PID# 755600410. Lot 2, <br />Block 4, Elk Park Center. .81 acres. 1 building - 5962 Sq Feet. Zoned Commercial. Currently <br />owned by Osborne Properties, Bloomington, MN. The site will be developed by Robert G. <br />McDonald whom will hire a general contractor that has built other Pizza Ranches. This family <br />style restaurant will bring traffic to the area. It will seat 200 guests and include a community <br />room to be used for group functions, In addition, the Elk River Pizza Ranch will be an integral <br />part of the community and part of the marketing plan is to hold fundraisers for various groups in <br />Elk River. <br />About Pizza Ranch <br />The Pizza Ranch, an Iowa-based company, was founded in 1981 in the town of Hull., Iowa, <br />(population 1804). At the beginning of 2011, Pizza Ranch had 156 restaurants in 9 states. Many <br />of the stores are located in small towns with same store sales consistently exceeding national <br />statistics. More recently, Pizza Ranch has expanded into larger markets and has consistently done <br />very well in these communities. These stores have experienced significantly higher profitability. <br />The Pizza Ranch has received many awards for its contribution to the pizza industry. The first <br />award came in 1990. The Pizza Ranch was the Pizza Maker of the Month featuring Kelly <br />Pendelton, the training officer, on the cover. The Pizza Ranch also received an award for the <br />introduction of the 3D pizza that includes an appetizer, main course, and desert all in one. The <br />most important awards are the most recent. In January of 2000, the Pizza Ranch was ranked <br />among the top 15 food-related chains in America and it was listed in the August 2001 Pizza <br />Today magazine for being #1 among the top 100 pizza chains in "Same Store Sales" with an <br />increase of 61.8% for the five-year period of 1995 to 2000. Since 2000, growth has continued, as <br />Pizza Ranch has been in significant expansion mode. It has grown from 82 franchised locations <br />to 155 at the start of 2011. Currently there are 7 stores under construction for opening in 2011. <br />Total franchise sales have grown from $34,066,755 in 2000 to $124,861,575 in 2010. The top 10 <br />stores in 2010 had average sales of $1,690,472. <br />Menu <br />It should be noted that Pizza Ranch is much more than just a pizza place. Its three main courses <br />include a Large Salad Bar, Broasted Chicken and 45 varieties of Pizza. In addition, it will also <br />serve; garlic cheese bread, ranch stix, hot wings, chicken fries, potato wedges, waffle fries, <br />mashed potatoes/gravy, Cole slaw, dessert pizza, and ice cream. <br />Why are You Proposing it? <br />Elk River Pizza Ranch is asking that the following be approved so that we may proceed with <br />bringing a successful, fun and great community partner to Elk River. <br />1. Approval of the site plan <br />2. Approval of the addition of 65 feet to 19141. Freeport St NW, Elk River, MN 5330 <br />FeP. r,apy <br />