EARN 8% to 35% on your Investment - Ownership Interest Fractional Ownership - Minimum $100K - Successful Hotel Start Price USD 100,000.00 Current Price USD 100,000.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Tuesday, October 28, 2008 End Time Thursday, November 27, 2008 Location Oklahoma City, Oklahoma See more about 'EARN 8% to 35% on your Investment - Ownership Interest ' Description Minimum $100K Investment. Become part owner in the Hospitality Industry. Growing Hotel near major Entertainment District in the #1 city for growth, Forbes says “Oklahoma City is Recession Proof” Over $5 Billion in new projects under construction in the surrounding district You would receive 8% interest annually, paid monthly and a lump sum profit upon sale or refinance. We are not promising triple digit returns or pie in the sky interest rates. This is what you would receive on a $100,000 investment plus profit sharing upon sale or refinance. Ownership interest in the property, $100,000 represents 1% ownership. Total debt including all equity raised will be capped at $8,000,000 Current value today is $10,000,000 – Estimated Value based on Income in the next 4 years is $16M - $18M. Estimated net income over the next 4 years is $5,000,000 Exit strategy is a sale or refinance around end of Year 4. Using a Sale of $17,000,000 less $8M (debt/equity) = $9M plus $5M (net income) = $14,000,000 Pre Tax Profit. You would receive 1% of $14M = $140,000 plus your $100,000 original investment which is included in the $8M debt/equity pay off at closing. Using Marshall Valuation Service and a 2007 hotel cost survey Total replacement cost is $16,875,800 or $89,765 per room. You would receive cash flow on your $100,000 over the next 4 years, we would pay 8% interest annually – payments of $667/monthly – this amount would be deducted from your $140,000 profit plus a small administrative servicing fee. If you didn’t need the monthly 8% income you would receive the entire $140K profit. Either way it works out to around 35% annual Return On Investment. Funds raised are used to expedite and complete remaining renovations and initiate an aggressive marketing campaign through the next 18 months. EXECUTIVE SUMMARY Overview Bricktown Hotel & Convention Center is a 188 Unit interior access Hotel with an accompanying 10,000 sq ft Convention Center and is located in the East Bricktown Entertainment District. The hotel was taken over by our management team on January 3, 2007. With the success and growth of Bricktown and the new $350 Million Dollar Native American Indian Cultural Center and Museum being constructed across the street from the hotel and located just 1 mile from all the action including a new NBA Franchise in town, four Brand new “State of the Art” Boathouse Museum Rowing Venues from Four Big Universities under construction along the Oklahoma River, what has now become recognized as the #1 venue in America for rowing, kayaking and Dragon Boat Racing and is now home to the United States Olympic Rowing teams, and with over $5 Billion in new projects under construction in the surrounding district we are in position for unprecedented growth. Forbes Says- “Oklahoma City is RECESSION PROOF”. The Bricktown Hotel & Convention Center is in position to be a tremendous success. Financial In our first year of operations our gross sales were $750,000. Through the first eight months of 2008 we are over the $1,500,000 mark and on track to hit $2,300,000 by years end. Projections for 2009 are in excess of $3,300,000. Years 2010 & 2011 we expect revenues to exceed $4 Million and $4.8 Million respectively. Key Management The Bricktown Hotel and Convention Center management team combines over 30 years of experience in the hotel industry. Our GM, Shane Wauhob, was hired from the Sheraton Hotel. The Guest Services Manager was also hired from the Sheraton Hotel. The Accounting Department is headed by yet another former Sheraton employee. Consequently a total of 9 former Sheraton employees came over to the team. The obvious advantages with this are that we have a full complement of Starwood trained employees on board. Our Director of Sales comes with over 8 years experience from the Renaissance Hotel & Convention Center. Our chief Engineer has also 15 years of experience in running the Maintenance Department of major Hotels. Supporting Team Heading up our Internet Marketing, Strategy, Applications and Branding is Ninthlink Company from San Diego; CA. Ninthlink specializes in growing businesses utilizing the power of the internet. They feature an integrated group of web consultants, creative designers, writers, programmers and marketing professionals “in house”. Clients include: Qualcomm, Jacuzzi, Google, Fine Line Yachts etc. Today, we are on the first page of search engines Google and Yahoo and numerous other search engines. Heading up our Public Relations is Saxumcommunications. This company is Oklahoma’s premier Public Relations, Public Affairs and Strategic Marketing Firm. Known for developing innovative and dynamic public relations strategies, the team delivers proven results locally and on a national scale. Clients include: The Oklahoma State Chamber, Finley & Cook Accounting, Park Harvey Building, Oklahoma Department of Commerce etc. {www.saxumcommunications.com} Objective To strive for $99 ADR and a 75% Occupancy rate with the Opening of the Native American Indian Cultural Center and Museum across the street in 2010, this is expected to bring 1 Million visitors per year. The hotel will be the people’s choice in Oklahoma City among other big brand hotels which cannot compete with our pricing and product in the area. Our ultimate goal by 2012 is gross sales of $6 Million Dollars. This figure would put us at a Value of over $20 Million Dollars. Conclusion We have the best experienced seasoned staff in place; we are ahead of schedule with our goals and objectives and with the completion nearing of the final stage of renovations - the Bricktown Hotel and Convention Center is going to be a tremendous success. Bricktown-hotel.com Fast Facts •In 1994, Oklahoma City residents overwhelmingly voted in favor of a retail sales tax increase to support a total of 11 Major Downtown Revitalization Projects & an Entertainment District know as Bricktown with a now completed price tag of over $1.5 Billion Dollars. One mile from our Hotel. •One of those projects included the reshaping and filling of what used to be a 5 mile long drainage ditch running parallel to the Downtown/Bricktown corridor and is now called the Oklahoma River. This River has since gained World Wide Recognition as one of the Top venues for the popular sport of rowing, kayaking and dragon boat racing. It was recently named as the U.S. Olympic Rowing Team Training Center. Four Universities have committed to building new training centers for a total of over $30 Million Dollars. All located within One mile of our Hotel. •NBA has come to town. The aftermath of Hurricane Katrina created an opportunity for OKC to temporarily host the New Orleans Hornets for 2 consecutive seasons. Oklahoma City rated in the top 10 for attendance during those 2 years - with a last place team. This strong fan appeal prompted a local group to purchase the Seattle Supersonics and relocate them to OKC. Now, the Oklahoma City Thunder. There are only 4 teams in the league that have “Sold Out” of season tickets prior to the season opener in 2008. The Boston Celtics, Los Angeles Lakers, Phoenix Suns and yes, the Oklahoma City Thunder. Well Done Folks! Games are played at the Ford Center, a new, State of the Art - 20,000 seat arena – One mile from our Hotel. • Construction of the new “Native American Cultural Center” has commenced and completion is expected by 2010. This will be the largest and most expensive of its kind in the world. Estimates are for over 1 Million visitors in its first year. Located across the Intersection from our Hotel. •The Oklahoma City Zoo - ranked in the Top 10 throughout the U. S. - 4 miles north of our Hotel. •New relocated 4 mile section of Interstate #40 now under construction to make way for the Five Billion Dollar “Core to Shore Development Project”. Our Hotel is located within those boundaries. •The new Devon Energy Headquarters being constructed downtown at a cost of over $800 Million Dollars and soaring 75 stories tall will be taller than any building in Dallas/Ft worth – north all the way to Chicago. Located one mile from our Hotel. •City earns high marks from National Bond Rating Companies – Standard & Poor’s and Moody’ Investor Services. •Oklahoma is # 1 in housing. The Sooner State led the Nation in appreciation, first among the 50 States for the period ending June 30, 2008 – Reported by Federal Government. • New AAA call center to bring 1,200 jobs to OKC – 5/19/2008 – The Journal Record. •The Greater Oklahoma City Chamber is moving forward with plans to build an $18 Million Dollar four-story headquarters. A project chamber officials say will be a gateway to downtown. •Oklahoma City named as “Recession Proof” Forbes.com 5-2008, Oklahoma City was the top-ranked among the 50 largest metro areas based on employment figures, median home prices and data related to the impact of foreclosures and falling home prices on the local productivity. •New $30 Million Dollar Forensics Center puts State among Nations best. •State gets recognition for Bioscience with formal debut at Presbyterian Health Foundation •Oklahoma City ranks # 7 on the Forbes Magazine “Americas Cleanest Cities” list. •Oklahoma City National Cowboy & Western Heritage Museum ranked Top Ten in the Nation-Forbes next to Smithsonian and de Young Museum in San Francisco. Survey 9/2008 Trip Advisor Traveler Rating Sheraton is ranked # 28 Bricktown Hotel & Convention Center ranked # 30 Marriott is ranked # 33 Expedia Traveler Opinion Bricktown Hotel & C.C. - 82% Satisfaction Rating Marriott – 80% Sheraton – 72% Hotels.com Traveler Opinion Bricktown Hotel & C.C. – 80% Satisfaction Rating Marriott – 80% Sheraton – 74%   Contact Tom Seabrooke at 405-409-7779 Owner - Developer - Real Estate Broker         Place a Bid!