Sonic3

• QueensFort Capital Corporation is a real estate and investment-banking firm with important assets through the United States.

• The company is led by Arthur J. Halleran, Jr., a Harvard

Business Graduate that founded and managed Winthrop Financial - a major real estate company, which under his leadership grew to be third largest real estate firm in the United States in 1994.

• Mr. Halleran subsequently sold Winthrop to a major New York financier. Winthrop’s portfolio, valued at more that $6.5 billion US, included internationally recognized buildings such as the Bank of America tower in downtown Miami, the I.B.M Headquarters’ building in Toronto as well as other very important office buildings in major U.S. cities such as New York, Boston, California, and Chicago.

QueenFort Capital Corporation

• Among other impressive accomplishments, Mr. Halleran played an instrumental role in the creation of the original EB-5 legislation in the early 1990’s, with Senator Edward M. Kennedy, as a solution to the economic distress the United States was experiencing during that time.

• Among other impressive accomplishments, Mr. Halleran played an instrumental role in the creation of the original EB-5 legislation in the early 1990’s, with Senator Edward M. Kennedy, as a solution to the economic distress the United States was experiencing during that time.


• Mr. Halleran’s political connections and esteemed reputation have led to the support of various important former government officials for the Sonic project.

• Specifically, Mr. Halleran and his team will be advised the former director of the USCIS, Emilio Gonzales, the former Director of the Department of Homeland Security (which directly oversees the USCIS), Asa Hutchinson and the Former Mayor of Miami, Emanuel Diaz. These three highly regarded former government officials make up Mr. Halleran’s Board of Advisors.


• Mr. Halleran owns the Exclusive Area Development (EAD) rights to all of South Florida from Sonic Corporation, a right he purchased from the company with his personal capital.

• This is the largest territory ever granted to any single Sonic franchisee.

• Sonic’s decision to make such an unprecedented designation was based on Mr. Halleran’s net worth, reputation and prior successes in real estate and investments.

• The EAD rights are of significant importance as it allows Mr. Halleran the ability to control the entire South Florida market area, barring any other Sonic franchisee from developing Sonic stores in locations that would be unfavorable to his development plans.


• The Sonic project will be administered though the Palm Beach Regional Center – a USCIS approved and designated regional center.

• The location of the proposed Sonic

location – 17 South Fort Lauderdale Boulevard, Fort Lauderdale Beach, Florida – has been certified and designated as a “TEA” zone, therefore qualifying the investment for the $500,000 investment requirement.

EB-5 Investment Opportunity

• Proven and approved job creation methodology. The job creation report has been established by USCIS approved and noted economist, Michael K. Evans of Evans, Carroll & Associates. Mr. Evans has successfully produced more than 70 Econometrics reports to the USCIS.

• The purpose of the EB5 investment is to fund the development and operation of a Sonic restaurant that will be located at “The Gallery at Beach Place”, a popular oceanfront entertainment plaza and major tourist destination in Fort Lauderdale Beach, Florida.

EB-5 Investment Opportunity

• The Sonic restaurant will offer 5,638 square feet of oceanfront space with floor to ceiling window openings that look directly at the Atlantic Ocean.

• Seating capacity will be in excess of 205.

• The restaurant will feature bar seating and serve alcohol, including 28 varieties of beer.

• This Sonic will be the first Sonic in the company’s history that will have the ability to sell alcohol at one of its locations - a very important feature that will be a major driver of restaurant sales given the beach environment and large number of visitors/vacationers that come to Fort Lauderdale Beach.

The Sonic Opportunity

• The restaurant will also feature an arcade room and it will be

the only location in the area that will stay open 24 hours, offering live music entertainment to cater to the “late night” party crowd and offering breakfast to the early beach goers.

• Additionally, there will be an additional 10 x 14 ordering area on the first floor of the Gallery at Beach Place that will allow a Sonic attendant to take customer to-go orders from pedestrians walking around the plaza and on the beach – a feature only being offered by Sonic restaurant.




• Investment will be in the form of a Limited Partnership; the

developer will be the General Partner (GP) and the eight EB5 investors will be the Limited Partners (LP).

• The GP is funding the initial construction costs required to build the restaurant prior to the receipt of the EB5 capital – approximately $800,000.

• All of the necessary approvals to build have been granted by the state of Florida and construction will be underway shortly.

• EB5 capital will be used for labor costs, working capital and any additional improvements. It is important to note that the developer has issued a Completion Guarantee on the project - committing to complete the construction of the project and pay for the cost of overruns, if any are incurred.


• Sonic Corporation is a publicly listed company on the NASDAQ

American stock exchange, which operates and franchises a major chain of Sonic “fast food” restaurants throughout the United States.

• The Sonic brand offers a unique concept that competes directly with McDonalds, Burger King and KFC among other leading fast food competitors.

• Specifically, Sonic offers a much wider variety of food, drink and desert menu items, which are personally delivered to customers by Sonic waitresses on roller skates.

• Sonic Corporation has a market value in excess of $450,000,000. The company has been in operation, successfully, since 1953 and has experienced tremendous growth in the past decade.

What is Sonic?

• Currently, there are 3,500 stores across the United States. For more information on Sonic Corporation, visit www.Sonicdrivein.com.

• Currently, there are approximately 115 Sonic stores in northern Florida, but none in South Florida.

• It is important to note that Sonic spends more than $1,000,000 per year on national advertising.

• Sonic commercials consistently air on all of the major cable channels in the country.

• The company also engages in specific marketing initiatives that target the Latin population, by advertising in the major Spanish channel with content that uniquely appeals to Latinos.

• This effort is exceedingly valuable in South Florida where a sizeable portion of the population is Latin

What is Sonic?

http://www.sonicdrivein.com/

• Sonic is one of the most successful fast food restaurant franchises in the United States, ranking 4th in the nation ahead of other major fast food franchises, such as KFC.

• Sonic Corporation has a market value in excess of $450,000,000. Fort Lauderdale Beach is a world-renowned tourist destination located in the southern part of Florida, offering 23 miles of beautiful beach that connect to Miami Beach

• The proposed investment offers EB5 candidates the opportunity to participate in the development of the first Sonic restaurant in the Fort Lauderdale Beach area.

• Entrepreneur 2008 Publication

What is Sonic?


• State of Florida certified TEA zone/ USCIS approved & designated Regional Center

• Mayor publicly listed company (NASDAQ:SONC) with more than 50 years of success

• Project Completion Guarantee – No Development Risk – Jobs Will be Created

• More job creation per investor than what is required

• “Preferred Return” of 6% per annum to the investor, must be paid prior to the GP receiving any cashflows from the business. In other words, we do not make money until you make money.

Project Highlights

• Equity conversion option that will allow the investor to share in the upside of the Company’s profits

• Exit Strategy to facilitate a liquidity event at the end of the fifth year

• Panagos, Salver & Cook, LLP – a reputable and certified

accounting firm – has determined that the value of the asset will be $5MM in 5 years

• If investment capital is not returned by the end of the fifth, “Preferred Return” increases to 8% per annum

Project Highlights

• In 2009, project executives developed and currently operate what has become the most significant restaurant on the coveted Island of Martha’s Vineyard – The Atlantic Restaurant. The Atlantic is expected to achieve more than $5MM in sales this year. www.atlanticmv.com

• Chairman of company was one of the original creators of the EB-5 legislation, along with Senator Kennedy in 1990

• Advisory Board members include highly respected former federal government officials, which include the former Director of the United States & Citizenship Services, Emilio Gonzales, the former Director of the Department of Homeland Security, William Asa Hutchinson and the former Mayor of Miami, Emanuel Diaz.

Project Highlights

http://www.atlanticmv.com/

• If no liquidity event has occurred by the end of the sixth year then a majority-in-interest of investors will have the right to appoint a new general partner to take over the management of the Company and/or force a sale of the asset

• Once built, the restaurant will instantly become an income-producing asset, generating significant cash flows

• In 2009, the two nearest restaurants to the Sonic location achieved reported sales of $3.9MM and $4.9MM

• Sonic will be the only “fast-food” restaurant in a 2.5-mile radius, and the only restaurant that will stay open 24 hours

• Project executives formerly owned a major firm that successfully managed real estate portfolios valued at more than $6.5 billion US

Project Highlights

• Florida represents the 4th largest state in the United States in terms of population. It is known as the Sunshine State because of enjoyable year round tropical temperatures (average temperature of 76 degrees) and is widely recognized as major vacation destination. Florida’s economy represents a $60 billion tourism industry. The preponderance of visitor spending is on food.

• Fort Lauderdale, located in Broward County, just 25 minutes north of Miami Beach, is the main town in the County. The South Florida area generates more than 15 million visitors per year & is home to more than 5,000 permanent residents.

About the Location

• Fort Lauderdale Beach is a world-renowned tourist destination, known for its white sandy beaches, which span 23 miles, and major events such as the Fort Lauderdale International Boat Show, the Air and Sea Show, Beachfest and Oceanfest among other festivals, art exhibitions and special events.

• The Gallery at Beach Place is an oceanfront, three level entertainment plaza on Fort Lauderdale Beach (directly across the street from the beach) that offers an attractive mix of retail shops and restaurants. Sonic’s oceanfront location on the second floor of the Gallery at Beach Place benefits from the following

About the Location

About the Location

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Sonic3