• LEASE: 15-year lease with 3, 5-year options and includes 10% bumps every 5 years.

• GUARANTEE: Full and complete Guarantee for the term of the lease.

• BOJANGLES: Nearly 1,000 units across the southeast United States and now entering Texas. Multiple Texas stores currently opened and with numerous planned and underway across major markets.

• STORE UNIT: This store is the newest Boneless menu concept. Due to tremendous success of the initial roll out in Texas, future store expansion planned to continue to reflect this model.

• TENANT / OPERATOR: Having successfully owned and operated multiple concepts throughout the San Antonio area, the franchisee, Copacetic Group, has strong background with lengthy experience including more than 25 years of restaurant ownership and operations. Tenant is a high net worth group, with all five members of the operating entity, joint and several guarantors for the lease.

• SALES PERFORMANCE: Currently number 1 performing Bojangles in Texas! This store has been open for over two months and is averaging $110,000 a week. Weekly sales volume expected to exceed $80K, generating more than $4.0M sales annually which results in a 25% higher than Bojangles AUV. Utilizing the current contracted rent and $4 million annual sales demonstrates a low occupancy cost ratio of 5.9%.