Status Update 12/4/15

Good Afternoon Mr. Alcides,

We have the architectural plans ready for Spartanburg to be sent to the city for approval. We have also signed the Mood Media Agreement, which is the vendor that provides music for your store. JR estimates that once we get all the permitting from the city, your estimate opening date for your location should be end of January, beginning of February the latest.

As far as your second location, Starbucks has exclusivity in the shopping center, and the Landlord's rep received their Lease comments this week. We are waiting for their response to make sure they will agree with having HWY55 in the center. We will keep you updated on this matter.

Have a great weekend!

FranVest team

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