Status Update 11/20/15

Good Afternoon Mr. Alcides,

Here's the latest update on your project:

Your location Spartanburg is moving towards construction phase. We are now reviewing the construction Agreement, getting proper insurances in place, preliminary drawings and local bank accounts set up.As you know, We will be financing your equipment and we have started that process as well.

Your second location is still on hold because of the Starbucks tenant. We have to wait for them to submit their final Lease so we can execute yours and it has been a bit of a delay. We are on top of it and hope to get an answer very soon. Your second location is scheduled to start construction at the first quarter of next year.

Let us know if you have any questions about your project's progress and dont hesitate to contact us if you have any questions!

FranVest Team


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