Sample Projects Outline

PURPOSE

 Kennesaw Ice Palace has been organized as a Georgia LLC for the purpose of acquiring approximately 5 acres of land in the township of Kennesaw for development as an upscale ice-skating and hockey playing facility.  The activities of the company will include obtaining all government approvals necessary to commence construction of the facility, complete construction of the building and all site related matters, and operation of the facility.

INVESTMENT GOALS

 The Manager’s goal’s for the company are as follows:

o      To design, develop, construct and operate the ice arena in such a way as to preserve each investor’s capital and allow the company to distribute cash flow to investors in amounts equal to or exceeding other investments.

o      To obtain long term appreciation of the company’s assets through the operation of a first class facility thereby drawing additional users to the facility thus increasing the value of the assets.

o      To provide a upscale comfortable environment for both children and adults to participate in a sporting activity

 PROPOSED PROPERTY LOCATION & DESCRIPTION

PROPOSED LAND ACQUISITION

 EXHIBIT A.      KENNESAW ICE PALACE Location Map

The manager will hold the investor’s funds in escrow until it has obtained the $1,000,000 and a firm loan commitment upon commercially reasonable terms for the balance of the project.

ALLOCATION OF BENEFITS

MANAGER COMPENSATION

PROJECT COST AND OPERATING BUDGETS

1.    PROJECT COST:  

2.    ANNUAL INCOME:

3.    ANNUAL EXPENSES:

SUMMARY OF FINANCIAL PROJECTIONS

 The section entitled “Financial Projections” indicates projections for this project based upon the known written requests from local area groups and clubs and general local interest.  Additionally, the local hockey association has been restricting growth of their in-house leagues due to the lack of available ice time.  With these requests and the known demands for public skating and learn to skate programs, the projections are made on a known growth basis from new arenas constructed since 1999.

These projections assume several specific events as listed below:

CURRENT STATUS OF PROJECT

•  
• Several sites are available within the price range estimated in this offering
• Bank financing is in process
• City approval has been reviewed and is not expected to be a problem
• Timing of the project is critical due to the seasonal nature of hockey leagues
• All utilities are available at each of the sites
• No special permits are required for this usage 
• A conceptual facility plan is underway 
• Important milestones 

BUILDING DESIGN

The specific building plan will be completed upon final purchase of the property

SITE PLAN

The site plan will be completed upon final purchase of the property

Living in Cobb County

Growth in participation as listed below is based upon GSHL, ACHA,
LAZER Hockey membership, USA Hockey and USFSA skating figures

Total Market Size:

 House League Hockey:

Presently supports 537 players in Mite, Squirt, Peewee, Bantam and Midget level hockey teams.

 Travel Hockey:

 Presently supports 80 players in Mite, Squirt, Peewee, Bantam and Midget level hockey programs.

 Men’s Adult Hockey:

 Presently supports 160 players in A, B, and C level Adult hockey programs.

 Figure Skating Programs

 Presently supports 69 members of the Georgia Figure Skating Club.

 High School Hockey Programs

 Presently supports 16 teams and 320 players in the GSHA State league.

 College/University Hockey Programs

 Presently supports 69 College and University teams in the Division 2 States.

 SOUTHEASTERN DIVISON 2

 Alabama, Arkansas, District of Columbia, Florida, Louisiana, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia

USA Ice Hockey Player Growth (10 year period)