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Steinmetr, Heidi <br />From: goldynboys@charter.net <br />;ent: Wednesday, October 03, 2007 9:31 PM <br />To: Steinmetz, Heidi <br />Cc: djsikka@restaurantsforsale.com <br />Subject: Elk River Proposal <br />Heidi, <br />We appreciate the opportunity to work with the City of Elk River to bring more restaurant <br />options to your community. <br />Restaurant Brokers of Minnesota would commence a 3 month search for a fee of <br />$10,000($5,000 up front and $5,000 at the end of 3 months). <br />This fee would be paid back through commissions Restaurant Brokers of Minnesota earns from <br />any sales or leases that are signed in connection with this project. <br />Once an agreement is signed we would, with the help of the EDA, determine what area and <br />properties are best suited for restaurant development. Then we would begin our search by <br />first contacting our clients which include a mix of national and regional franchises as <br />well as local independents and restaurant groups. <br />Some of these include, Green Mill, Outback Steakhouse, Timberlodge, Chammps, Buca, <br />Jensen's Supper Club, La Grolla, and Wayzata Eatery-Alaska Eatery, Mississippi Belle, <br />Outdoorsman Grill, Viva Italia, Taste of India, and Two Guys From Italy to name a few. <br />In order to lure these type of establishments it is our opinion that the city will need to <br />make considerable concessions including but not limited to land grants and low interest <br />loans. The typical restaurant in the segment you are looking would be 6000 sq feet. <br />?hich would require 1.5 -2.25 acres depending on city requirements with setbacks and green <br />jpace. <br />To realistically pursue our clients and groups like Axel's/Bonfire/Rudy's we will need <br />something concrete and substantial to catch their attention. Vague ideas and dreams will <br />not be enough. We believe by offering strong concessions and build to suit options, the <br />City of Elk River and Restaurant Brokers of Minnesota will be able to entice the type of <br />restaurants you are looking for to compliment and upgrade your community. <br />We look forward to working with you. <br />Thank you again, <br />DJ Siklca <br />David Goldberger <br />Restaurant Brokers of Minnesota <br />1 <br />