IWC Partners, LLC is the Area Developer for Island Wing Company restaurants, the parent company located in Destin Fl. We are participating in the expansion of this exciting brand with 3 new restaurants in the Jacksonville, Fl area. Jacksonville is home to two existing locations with a third one under construction.
Island Wing Company has been operating for over 10 years and has developed a loyal following based on the health aspect of the menu. Everything is fresh, baked or grilled but nothing fried. There are no fryers in the restaurants.
We seek funding of $400,000 per restaurant to develop the next 3 restaurants from ACCREITED INVESTORS. Our best estimates based on current performance include:
- Investor would receive 75% of annual cash flow until investment is paid back. Estimated back time is 2 years.
- Investor would receive 8% interest on unpaid balance annually during payback period.
- Investor would receive a 15% interest in the restaurant and 15% of ebitda after pay pack is complete.
- Investor would receive a buyout after 5 years at 4 times earnings.
I would be happy to review my business plan, proformas showing a strong investor returns and a term sheet at your earliest convenience.
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