Redevelopment

 

  1. Del City, OK: Closed bankrupt site: Currently $1.5M Site

    Site reopened on March 19, 2006: Repair and reopening expense, including POS $387.653.00.

     
  2. Oklahoma City, OK: Closed bankrupt site; closing sales were < $600,000 per year

    Site Reopened on 11/2/20

    Currently sales performance is above the regional average with $1.1M in annual sales. Sales trends are currently the highest in Oklahoma.
    Repair and reopening expense, including POS $194.843

     
  3. Ground up development in Shawnee, OK. Our total budget for the ground up with equipment, AE fees, and property cost were $875,000. Site opened on 9/28/2007 with $75,000 its first week. Site performed over $2M in its first year in operation.

     
  4. Ponca City, OK Acquisition 12/20/2006. This bankrupt site was completely neglected. The site performed less than $900,000. Cost associated with repair and remodel, POS: $215,000.

    Site is currently indexing at $1.2M for 2008.
     
  5. Oklahoma City, OK: Closed bankrupt site; closing sales were < $7500,000 per year

    Site reopened on 9/12/2005. Its sales in 2008 will exceed $1.45M. Cost associated with repair and remodel, POS: $149,000.
     
  6. Ground up development in El Reno, OK. Opened in July, 2008 with a Sales Budget of $2M

     
  7. SE66 Redevelopment of Closed Burger King. Unit had been closed 7 years. 
     

    Site Reopened 10/1/2008

               

8.  Opened 5/15/09:  Former Popeye's 23rd and Broadway, Okahoma City, OK