2,750 SQ FT FOOD COURT (RESTAURANT)

[Jill Russell]

Investment Info:

Retail commercial investment investment in Chicago.

Cash invested: $400,000

FULLY OPERATIONAL RESTAURANT AND MANAGED BY EIC.

What made you interested in investing in this type of deal?

OVER 16 YEARS OF OPERATIONAL AND FOOD MANAGEMENT EXPERIENCE. 25 YEARS IN REHAB AND DESIGN

How did you find this deal and how did you negotiate it?

EIC LOOKS A 3-7 BUSINESS DEALS A DAY. UNDERSTANDING ALL DEALS ARE NOT VIABLE BUT YOU LOOK ANYWAY. THIS DEAL WAS GIVEN TO EIC BY A BROKER IN OUR PRIVATE NETWORK. IT TOOK 3 TO 4 WEEKS TO COME TO TERMS.

How did you finance this deal?

WITH EIC PRIVATE INVESTMENT MONEY

How did you add value to the deal?

BY REMODELING INTERIOR OF RESTAURANT AND ADDING AN ADDITIONAL FULL FUNCTIONING KITCHEN TO MAKE INDEPENDENT KITCHENS FOR 2 RESTAURANTS.

What was the outcome?

OPENED 10 MONTHS AGO AND HAVE CLOSED ON 2 MORE LOCATIONS.

Lessons learned? Challenges?

THIS IS NOT A NEW LESSON OR NEW STATEMENT. ALWAYS WORK HARD. CHALLENGES. ANSWER: THERE WILL ALWAYS BE CHALLENGES. JUST KEEP GOING!!!!!!!!!!