Kyle Saeed

Chesapeake, VA (USA)
Role(s):
Founder/Owner/Principal

PDX MGMT GROUP

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Location: Chesapeake
Industry: Food Service/Restaurant
Year Founded: 2002
Number Employees: 100-250 people
Description: FRANCHISE DEVELOPMENT. REQ: 1,700,000 MIN: 50,000. Birth of Paradocks in 2002 as a Catering Services. Approved by the Dept. of The Army. Sponsor of the Langley AFB Air Show. Restaurant concept is based on “Waterside/Beach/Vacation” theme. Franchise Development Opportunity with Paradocks East Coast Grille Paradocks concept is based on "Waterside/Beach/Vacation" theme. In 2008, we have opened three new locations, Norfolk (July 08), Chesapeake (Nov 08) and Point Harbor/ Outer Banks (Dec 08) in NC. We now have total of four locations with total sales of $460,082.00 just for the month of December 2008 and served 40,726 customers. We all have worked very hard last year and have gained the market share in Hampton Roads, Virginia. Before I go any further, would like you to have a look at this: "(Dec. 31, 2008, NEW YORK) Restaurant stocks continued their December rally despite gloomy economic news that included an all-time low in consumer confidence readings and another large drop in home values. Through trading on Tuesday, the NRN Stock Index rose 8.8 percent in December, The NRN Index, is market-cap weighted and includes all 61 publicly traded restaurant companies." "Near-term investor sentiment has shifted favorably and [restaurant] stocks have rebounded sharply from depressed levels," said analyst Joe Buckley at Banc of America Securities LLC, referring to the December rally. ______________ Our initial phase is complete now and we are now ready to grow the concept. In addition, the most important piece of the puzzle; our management team is in place and ready to grow and develop Paradocks's concept. The two key players in this management team are my two partners, Kenny and Danny. Kenny started with Golden Corral Corporation in 1979 has over 30 years restaurant management experience. Danny started with KFC in 1971 and later on joined Golden Corral in 1988. Danny has over 38 years restaurant management experience. "Golden Corral ( (URL removed) ) opened its first restaurant on January 3, 1973, in North Carolina. Within three months of opening the first restaurant, the company was its way to getting a second location which opened on September 17, 1973. A third location was built June 18, 1974. Since then, company has expanded to over 486 locations across the United States with Gross Sales over 1.530 billion. KFC has over 520 million in sales a year. Kenny and Danny both worked hard to establish Golden Corral in NC and VA very successfully." We are now ready and want to begin the franchise process, invest in infrastructure like test kitchen, training centers, etc. We are also considering IPO in next few years too. PDX Management Group, LLC owns the rights to all the logos, trademarks, franchise / management fees, etc. We are offering through PDX Investors One, LLC, 10% ownership in PDX Management Group, LLC. PDX Investors One, LLC will issue only "34" units of $50,000 each. For the first five years, PDX Management Group, LLC is offering a 10% minimum return on the investment. We have conducted a great deal of research and are well aware of the risks, but we firmly believe that this is a business opportunity that is bound to grow just like "Golden Corral or KFC". Please click on the link below or cut and paste the URL into a browser window to download files about Confidential Private Offering Memorandum, Power Point Presentation and Corporate five year plan. (URL removed) We are looking for investors who are willing to help us get to the next level. Thank you for your time. AMOUNT REQUESTED: $1,700,000 MINIMUM INVESTMENT AMOUNT: $50,000 INVESTMENT REASON: Research & Development REGION: Virginia INDUSTRY 1: Restaurants/Fast Food/etc.