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21st Annual Restaurant Finance & Development Conference

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Keynote Speakers<br />

RESTAURANT FINANCE MONITOR’S 21ST ANNUAL<br />

Frank Caliendo<br />

Comedian and Impressionist<br />

Attend the <strong>Restaurant</strong> Dealmaker’s Event!<br />

David Rosenberg<br />

Chief Economist &<br />

Strategist, Gluskin Sheff<br />

capital • contacts • growth<br />

November 8-10, 2010<br />

bellagio hotel<br />

las vegas<br />

Michael Barone<br />

Resident Fellow, American<br />

Enterprise Institute<br />

• Network with the top <strong>Restaurant</strong> Lenders and<br />

Investors in the <strong>Restaurant</strong> Business<br />

• Hear from Expert Financial Speakers<br />

• Acquire or Sell <strong>Restaurant</strong> Businesses and Real<br />

Estate<br />

Pat Williams<br />

Senior Vice President<br />

Orlando Magic<br />

Victor Calanog, PhD<br />

REIS, Inc.<br />

Director of Research<br />

• Turn Key <strong>Conference</strong> Information into a Winning<br />

Strategy<br />

• Attendees Receive Continuing Education in<br />

Accounting, Real Estate & Franchising<br />

• Make Valuable Contacts and More!<br />

• It’s Time to Shift Your <strong>Development</strong><br />

Into Gear!<br />

Space is Limited!<br />

Register<br />

Early<br />

www.restfinance.com


About the <strong>Conference</strong><br />

The <strong>Restaurant</strong> <strong>Finance</strong> Monitor’s <strong>Restaurant</strong><br />

<strong>Finance</strong> & <strong>Development</strong> <strong>Conference</strong> is the<br />

annual finance and development conference for<br />

growing multi-unit restaurant company owners,<br />

presidents and senior executives. Attendees have the<br />

opportunity to meet with representatives from banks,<br />

finance companies, investment banks, private equity<br />

firms, merger and acquisition specialists, real estate<br />

developers, business brokers and other financial<br />

intermediaries to find financing, make deals, locate<br />

new business opportunities and gain key financial,<br />

economic and operating insights. <strong>Restaurant</strong><br />

finance and investment sources will unveil their 2011<br />

financing programs at the conference’s <strong>Finance</strong> &<br />

<strong>Development</strong> Mall. The conference is the industry’s<br />

top dealmaker’s event and is known for the best<br />

networking in the business.<br />

The <strong>Restaurant</strong> <strong>Finance</strong> & <strong>Development</strong><br />

<strong>Conference</strong> is a “must attend” event for growthminded<br />

restaurant company owners and executives<br />

focused on the “business side” of the restaurant<br />

world. Attendees will find accurate financial,<br />

economic and operating information and hear<br />

no-nonsense assessments about the industry from<br />

the most innovative restaurant operators and<br />

financial experts in the country. The information<br />

gained from attending the conference is essential<br />

to your business planning for 2011. Broaden your<br />

horizon. Make invaluable contacts. Don’t miss this<br />

year’s event!<br />

Who should attend?<br />

Owners, operators, and executives of multiunit<br />

restaurant companies —both franchised and<br />

independents send representatives to the conference<br />

each year. Attendees also include executives in<br />

finance, accounting, development, legal, real estate<br />

and franchising. Also invited are consultants, private<br />

and public equity investors, lenders, brokers, bankers,<br />

developers, accountants, attorneys and financial<br />

dealmakers who serve the restaurant industry.<br />

This Year’s Highlights<br />

Frank Caliendo<br />

Relax and enjoy the comedy during our<br />

special conference networking luncheon.<br />

Economist David Rosenberg<br />

David is the chief economist at Gluskin<br />

Sheff and one of the most highly sought<br />

after economists in the world.<br />

Orlando Magic’s Pat Williams<br />

Success breakfast keynoter Pat Williams is<br />

the co-founder of the Orlando Magic.<br />

Attend Top Financial Workshops<br />

<strong>Finance</strong> and capital market experts<br />

provide key financial and operating data<br />

to restaurant attendees.<br />

<strong>Finance</strong> & <strong>Development</strong> Mall<br />

Network with top restaurant lenders and<br />

investors. Secure growth financing for<br />

your restaurant company.<br />

Meet the <strong>Restaurant</strong> Lenders<br />

Hear from lenders and financial<br />

intermediaries as they discuss their<br />

financing criteria for 2011.<br />

Political Analyst Michael Barone<br />

Washington Examiner analyst and resident<br />

fellow for the American Enterprise Institute<br />

examines the mid-term elections.<br />

Dr. Victor Calanog, PhD<br />

Top real estate expert provides insight<br />

into retail vacancy and lease rates around<br />

the country.<br />

Your Name<br />

Your Company<br />

Bring Plenty of Business Cards<br />

The networking is the absolute best in<br />

the restaurant business!<br />

Stay at the Fabulous Bellagio<br />

The AAA Five Diamond Award-winning<br />

Bellagio is the best hotel on the strip.


Registration Info<br />

CPE Credit<br />

The advance conference registration fee is<br />

only $795 per person. <strong>Restaurant</strong> operators<br />

who register two or more attendees from the<br />

same company at the same time before the<br />

cut-off date, the price per attendee is just<br />

$695.<br />

The registration fee includes all of the following:<br />

• Attendance to all conference sessions and<br />

workshops, and admittance to the <strong>Finance</strong> &<br />

<strong>Development</strong> Mall<br />

• All conference-related meals—breakfasts,<br />

lunches, breaks and receptions<br />

• Advance registration list on-line so you can book<br />

meetings and preserve valuable time at the event<br />

• Valuable conference manual containing detailed<br />

speaker and lender profiles, workshop outlines<br />

in hard copy or CD format, and a complete<br />

attendee list for follow-up networking.<br />

Sponsored by Bank of America<br />

• Networking reception on Monday night during<br />

the <strong>Finance</strong> & <strong>Development</strong> Mall<br />

• Networking luncheon on Tuesday featuring<br />

comedian and impressionist Frank Caliendo<br />

• Dealmakers reception on Tuesday night in the<br />

<strong>Finance</strong> & <strong>Development</strong> Mall<br />

• Wednesday’s Success Breakfast featuring<br />

Pat Williams of the Orlando Magic<br />

Sponsored by Monroe Moxness Berg, P.A.<br />

• Coffee and soda breaks throughout the<br />

conference<br />

• Continuing education credit is available in<br />

Accounting (CPE), Real Estate and Franchising<br />

(CFE Credits)<br />

• A one-year paid subscription to the<br />

Res tau rant <strong>Finance</strong> Monitor is included with<br />

every registration. The Monitor is the industry’s<br />

only source for res tau rant fi nanc ing and<br />

development info. Also included is a subscription<br />

to Franchise Times Magazine, the news<br />

and information source for franchising. These<br />

complimentary subscriptions represent a $330<br />

annual value!<br />

ACCOUNTING: Continuing education credit is<br />

available for accounting. Total recommended<br />

credits are 19.5 (10.5 hours in <strong>Finance</strong>, 2<br />

hours Economics and 7 hours in Specialized<br />

Knowledge). There is no prerequisite or advance preparation<br />

for this conference. The conference level is intermediate and<br />

all sessions are presented in group-live format; no self-study<br />

is involved. In keeping with the requirements set forth by the<br />

National Association of State Boards of Accountancy (NASBA),<br />

we track attendance to provide a streamlined reporting<br />

process for attendees. Please stop by the registration desk to<br />

pick up your conference materials. You will receive a session<br />

tracking form that must be signed by conference personnel at<br />

each educational session.<br />

Franchise Times Corp. (the conference producer) is<br />

registered with the National Association of State Boards of<br />

Accountancy (NASBA) as a sponsor of continuing professional<br />

education on the National Registry of CPE Sponsors. State<br />

boards of accountancy have final authority<br />

on the acceptance of individual courses<br />

for CPE credit. Complaints regarding<br />

registered sponsors may be addressed to<br />

the National Registry of CPE Sponsors, 150<br />

Fourth Avenue North, Suite 700, Nashville,<br />

TN, 37219-2417. Web site: www.nasba.org.<br />

FRANCHISING: The conference is approved by the Institute<br />

of Certified Franchise Executives (ICFE) for 300 credits<br />

towards the Certified Franchise Executive (CFE) Program.<br />

REAL ESTATE AND LEGAL: CPE credit may also be available<br />

for real estate and law licensees. However, each attendee<br />

is responsible for submitting conference materials to their<br />

respective states for approval.<br />

<strong>Restaurant</strong> Success Breakfast<br />

Wednesday, November 10, 2010<br />

Sponsored by Monroe Moxness<br />

Berg, P.A.<br />

KEYNOTE SPEAKER:<br />

Pat Williams<br />

Senior Vice President<br />

Orlando Magic<br />

“Finding the Will to Win”<br />

Pat is co-founder and senior vice president of the NBA’s<br />

Orlando Magic. Pat became a sports general manager at age<br />

24 and has spent more than 48 years as a player and executive<br />

in professional baseball and basketball. He has been a general<br />

manager with NBA teams in Chicago, Atlanta, Philadelphia–<br />

including the 1983 World Champion 76ers–and now the<br />

Orlando Magic which he helped lead to the NBA finals in<br />

1995 and 2009. He and his wife are the parents of 19 children<br />

including 14 adopted from foreign countries. Pat has authored<br />

or co-authored over 60 books.


Keynote Speakers<br />

Frank Caliendo—Comedian, Actor, Impressionist<br />

Comedian/actor/impressionist Frank Caliendo is known for his dead-on impressions of famous<br />

actors Al Pacino, Robin Williams and Robert DeNiro; politicians George W. Bush and Bill Clinton;<br />

broadcasters John Madden and Charles Barkley; and talk show hosts Dr. Phil, Jay Leno, and David<br />

Letterman. He has comedy specials that run regularly on TBS and Comedy Central and he is a regular<br />

on the late night talk show circuit performing on such shows as The Jay Leno Show, The Late Late<br />

Show with Craig Ferguson, Jimmy Kimmel Live, The Tonight Show with Conan O’Brien, The View, Last<br />

Call with Carson Daly, Late Show with David Letterman, and a special correspondent for Superbowl<br />

XXXIX.<br />

David Rosenberg—Chief Economist & Strategist, Gluskin Sheff<br />

David Rosenberg is Gluskin Sheff’s chief economist & strategist and is one of the most highly-rated<br />

and sought after economic experts in the world because of his straight talk, no-nonsense assessment<br />

of the current economy. Prior to joining Gluskin Sheff in 2009, David was chief North American<br />

economist at Bank of America-Merrill Lynch in New York and prior thereto, he was a senior economist<br />

at BMO Nesbitt Burns and Bank of Nova Scotia. David has ranked first in economics in the Brendan<br />

Wood International Survey for Canada for the past seven years and was on the U.S. Institutional<br />

Investor All American All Star Team for the last four years, and was ranked second overall in the 2008<br />

survey.<br />

Michael Barone—Resident Fellow, American Enterprise Institute<br />

Michael Barone is Senior Political Analyst for the Washington Examiner and a Resident Fellow at<br />

the American Enterprise Institute. Barone is the principal co-author of The Almanac of American<br />

Politics. The first edition appeared in 1971, and the 20th edition, The Almanac of American Politics<br />

2006, appeared in August 2009. He is also the author of Our Country: The Shaping of America from<br />

Roosevelt to Reagan, The New Americans: How the Melting Pot Can Work Again, Hard America,<br />

Soft America: Competition vs. Coddling and the Competition for the Nation’s Future and Our First<br />

Revolution: The Remarkable British Upheaval That Inspired America’s Founding Fathers. He is also a<br />

contributor to Fox News.<br />

Jane Grote Abell—President & CEO, Donatos Pizza<br />

Jane Abell is president and chief operating officer of Donatos Pizza. Jane first began working for the<br />

company at age 11, when she helped her father and founder of Donatos Pizza, Jim Grote, work at the<br />

first of the pizza chain’s locations. Since then, she has held a variety of positions within the company,<br />

from starting out as an associate to joining the executive team as vice president of human resources<br />

in 1996. McDonald’s purchased Donato’s in 1999, and Abell became senior vice president of store<br />

development and chief people officer. There she advanced the decision to buy back the company<br />

from McDonald’s, and continue to grow the franchise.<br />

Victor Calanog, PhD—Director of Research, Reis, Inc.<br />

Victor Calanog is responsible for the firm’s market forecasting, valuation, and real estate portfolio<br />

analytic services. A prodigious researcher with broad interests, his papers in real estate economics,<br />

local government competition, and urban fiscal policy have been presented in meetings of the<br />

American Economic Association, the American <strong>Finance</strong> Association, the Brookings Institution, and<br />

discussed in academic forums sponsored by Harvard Business School, Columbia University, Stanford<br />

University, the Wharton School of the University of Pennsylvania, and the Stern School of Business at<br />

New York University.


<strong>Conference</strong> Speakers and Panel Members<br />

Joel Aaseby<br />

Joel is the CFO of Heartland Food Group,<br />

Burger King’s second largest franchisee with<br />

approximately $270 million in revenues. Joel<br />

is a seasoned financial professional with<br />

experience in restaurant retail, business<br />

development and wholesale distribution.<br />

Bob Bielinski<br />

Bob is a managing director who leads the<br />

restaurant industry practice within corporate<br />

finance at CIT Group. He brings 20 years of<br />

restaurant and retail financial management,<br />

investment banking and transaction experience<br />

to CIT.<br />

Alexandra Burke<br />

Alexandra is managing director of Wells<br />

Fargo <strong>Restaurant</strong> <strong>Finance</strong> and is in charge of<br />

loan production and customer development.<br />

Previously, she worked for Bank of Boston<br />

through its sale to Bank of America.<br />

Michael Gottlieb<br />

Michael is the Americas leader of Ernst & Young’s<br />

<strong>Restaurant</strong>s practice. Mike manages services,<br />

including assurance, advisory, real estate, human<br />

resources, and operational services to restaurant<br />

clients ranging from quick-service restaurants to<br />

full-service dinner houses.<br />

Rod Guinn<br />

As strategic operating partner with Focal<br />

Point Partners, Rod serves as an advisor to<br />

restaurant operators, investors and lenders.<br />

Previously, Rod held senior positions with Wells<br />

Fargo Foothill and FleetBoston Financial’s<br />

<strong>Restaurant</strong>, Food & Beverage Group.<br />

Peter Hanson<br />

Peter is the CFO of Five Guys Enterprises.<br />

The first location was opened in 1986 and<br />

today has more than 550 units. Previously<br />

he worked in several industries, including<br />

energy, internet marketing research and home<br />

building.<br />

Jack Hartung<br />

Jack joined Chipotle Mexican Grill as CFO in<br />

2002 after spending 18 years at McDonald’s<br />

where he held a variety of management<br />

positions, including vice president and chief<br />

financial officer of its partner brands group.<br />

David Jacquin<br />

David founded North Point Advisors in<br />

2004 with the mission to create value for<br />

its clients by providing exceptional mergers<br />

and acquisitions advice and services. David<br />

has completed over 100 transactions in the<br />

restaurant industry.<br />

Laurence Kretchmer<br />

Behind the scenes at chef Bobby Flay’s<br />

restaurants is the reserved yet forceful<br />

presence of Laurence Kretchmer, co-owner<br />

and managing partner of Bold Food. The two<br />

first collaborated when they swung open the<br />

doors of Mesa Grill in New York in 1991.<br />

Todd Lindsey<br />

Todd is senior vice president and chief financial<br />

officer of Checkers Drive-In <strong>Restaurant</strong>s, Inc.<br />

He is responsible for oversight of all of the<br />

company’s financial and treasury systems,<br />

reporting, controls and strategic planning.<br />

Mike McCallum<br />

Mike is the chief strategy officer for the<br />

National <strong>Restaurant</strong> Association. He is<br />

responsible for overseeing the development<br />

and implementation of the strategic direction<br />

of the Association including health care policy.<br />

Dennis Monroe<br />

Dennis is chair of Minneapolis law firm Monroe<br />

Moxness Berg, P.A. A pioneer in the retail and<br />

franchise finance area, Dennis has developed a<br />

broad network of finance contacts and clients.<br />

Edward Moran, Jr.<br />

Ed is a certified valuation analyst, certified<br />

business appraiser and author of BVR’s Guide<br />

to <strong>Restaurant</strong> Valuation. His areas of specialty<br />

are valuations, mergers and purchases for<br />

franchise and restaurant clients throughout the<br />

United States.<br />

Erik Morris<br />

Erik is a managing director at Roark Capital<br />

Group. Roark is an Atlanta-based private equity<br />

firm that invests in business and consumer<br />

service companies. Prior to joining Roark, Erik<br />

was a partner at Grotech Capital, a private<br />

equity firm.<br />

Nick Peters<br />

Nick is president & CEO of Prometheus<br />

Partners. He has extensive multi-unit franchise<br />

restaurant experience, as the current CEO of<br />

over 250 restaurants in the Taco Bell, Pizza Hut<br />

and IHOP brands.<br />

Diana Purcel<br />

Diana is CFO and corporate secretary of<br />

Famous Dave’s of America. She is responsible<br />

for all of the accounting and finance functions,<br />

investor relations, internal audit, legal,<br />

purchasing, and information systems.


General Sessions & Workshops<br />

<strong>Finance</strong> • Economics • Accounting • Raising Capital • Franchising<br />

The Economic Outlook for<br />

American Business: “Focus on<br />

the Forest, Not the Trees”<br />

Sponsored by CIT Group<br />

David Rosenberg, Chief Economist<br />

Gluskin Sheff<br />

How the New Political<br />

Landscape Changes the Outlook<br />

for American Business<br />

Sponsored by Jefferies & Co.<br />

Michael Barone, Senior Political<br />

Analyst, Washington Examiner and<br />

Resident Fellow, American Enterprise<br />

Institute<br />

Boom and Bust Cycles in<br />

Commercial Real Estate: Is it<br />

Time to Lock in New Leases for<br />

Expansion?<br />

Dr. Victor Calanog, PhD, Director of<br />

Research, Reis, Inc.<br />

How We Sold Donatos Pizza to<br />

McDonald’s, What We Learned<br />

From Them and How We<br />

Bought It Back<br />

Jane Grote Abell, CEO<br />

Donatos Pizza<br />

<strong>Restaurant</strong> <strong>Finance</strong> Availability,<br />

Rates, Terms and Who Qualifies<br />

in 2011<br />

John Hamburger, President<br />

<strong>Restaurant</strong> <strong>Finance</strong> Monitor<br />

Dennis Monroe, Chair<br />

Monroe Moxness Berg, P.A.<br />

Nick Cole, Executive Vice President<br />

Wells Fargo <strong>Restaurant</strong> <strong>Finance</strong><br />

Trey Brown, Sr. Managing Director,<br />

GE Capital, Franchise <strong>Finance</strong><br />

Jim Ellis, Vice President<br />

CapitalSpring, LLC<br />

Dan Holland, Managing Director<br />

Bank of America Merrill Lynch<br />

Ron Feldman, CEO<br />

Siegel Financial Group<br />

<strong>Restaurant</strong> Merger and<br />

Acquisition Trends: Valuations,<br />

Distressed Sales, Financing<br />

Hurdles and What You Need to<br />

Know To Get a Deal Done<br />

Kevin Burke, Managing Director<br />

Trinity Capital LLC<br />

David Jacquin, Managing Director<br />

North Point Advisors, LLC<br />

Jerry Thissen, President<br />

National Franchise Sales<br />

Nick Peters, President<br />

Prometheus Partners<br />

Private Equity and <strong>Restaurant</strong>s:<br />

New Ways In For Some; What’s<br />

The Way Out?<br />

Moderator:<br />

Rod Guinn, Strategic Operating<br />

Partner, FocalPoint Partners LLC<br />

Panelists:<br />

Erik Morris, Managing Director<br />

Roark Capital Group<br />

Bob Bielinski, Managing Director<br />

CIT Group, Inc.<br />

Joe Ferreira, Co-Founder & Partner<br />

Goode Partners, LLC<br />

Financing Across Multiple<br />

Brands: How to <strong>Finance</strong> a<br />

Multi-Concept, Multi-Branded<br />

<strong>Restaurant</strong> Business<br />

Moderator:<br />

Lou Katz, Attorney<br />

Ruberto, Israel & Weiner, P.C.<br />

Russell N. Stein, Attorney<br />

Ruberto, Israel & Weiner, P.C.<br />

Panelists:<br />

David Joaquin, CFO<br />

Lyons Group<br />

Ann Marie Lagrotteria, Senior VP<br />

Back Bay <strong>Restaurant</strong> Group<br />

Richard Dalton, Executive VP<br />

Back Bay <strong>Restaurant</strong> Group<br />

Beyond the Low Hanging Fruit:<br />

Where to Find More Cost<br />

Savings on the <strong>Restaurant</strong> P & L<br />

Moderator:<br />

Gene Baldwin, Partner<br />

CRG Partners Group, LLC<br />

Panelists:<br />

Todd Lindsey, CFO<br />

Checkers Drive-In <strong>Restaurant</strong>s<br />

Brian Armstrong, CFO<br />

Rock Bottom <strong>Restaurant</strong>s<br />

Louie Psallidas, CFO<br />

Uno <strong>Restaurant</strong>s Corporation<br />

Alternative Financing Ideas for<br />

Growing <strong>Restaurant</strong> Companies<br />

Moderator:<br />

Mary Jo Larson, Vice President,<br />

Publisher, Franchise Times<br />

Panelists:<br />

Jerry Darnell, Senior Vice President<br />

BeneTrends, Inc.<br />

Gary Lentz, Sr. Account Executive,<br />

Vend Lease Company<br />

Christopher Hurn, CEO<br />

Mercantile Capital Corporation<br />

Mark Challis, President<br />

Directed Equity, Inc.<br />

Five Key Steps We Took To<br />

Reduce Our Occupancy Expense<br />

and Improve The Bottom Line<br />

Moderator:<br />

Paul Kinney, Executive Director<br />

National Retail Tenants Association<br />

Panelists:<br />

Glenn Inanaga, Director, Legal<br />

Department, Panda <strong>Restaurant</strong> Group<br />

Rick Burke, President<br />

Lease Administration Solutions<br />

Vikki Scholten-Reeves, Director of<br />

Real Estate, Einstein Noah <strong>Restaurant</strong><br />

Group


New Unit <strong>Development</strong> • Real Estate • Mergers • Buyouts • Lending<br />

CFO Series: Topics Include Unit<br />

Expansion, Operating Margins,<br />

Outsourcing, Return on Capital<br />

and the Current Financing<br />

Environment<br />

Moderator:<br />

Michael Gottlieb, Partner, Americas<br />

Leader - <strong>Restaurant</strong> Services, Ernst &<br />

Young<br />

Panelists:<br />

Joel Aaseby, CFO<br />

Heartland Food Group (Burger King<br />

Franchisee)<br />

Peter Hanson, CFO<br />

Five Guys Enterprises<br />

Jack Hartung, CFO<br />

Chipotle Mexican Grill<br />

Diana Purcel, CFO<br />

Famous Dave’s of America<br />

Inside <strong>Restaurant</strong> Credit<br />

Decisions: Understanding the<br />

Latest Ratios and Formulas and<br />

How To Improve Your Chances of<br />

an Improved Credit Agreement<br />

Alex Burke, Managing Director<br />

Wells Fargo <strong>Restaurant</strong> <strong>Finance</strong><br />

David Farwell, Managing Director<br />

RBS Citizens, N.A.<br />

Tim Loyd, Managing Director<br />

Wells Fargo <strong>Restaurant</strong> <strong>Finance</strong><br />

Why a Rule of Thumb Might<br />

Undervalue Your Company—<br />

And Nine Other <strong>Restaurant</strong><br />

Valuation Facts You Must Know<br />

Before You Buy or Sell<br />

Edward Moran,<br />

Certified Business<br />

Appraiser and<br />

Author,<br />

BVR’s Guide<br />

to <strong>Restaurant</strong><br />

Valuation<br />

The Business Behind the<br />

Celebrity Chefs: How An<br />

Independent Brand Can Grow<br />

and Prosper<br />

Moderator:<br />

Gary Levy, Partner<br />

J.H. Cohn, LLP<br />

Panelists:<br />

Laurence Kretchmer, Owner<br />

Bold Food, LLC<br />

Andrew Salmon, President<br />

Momofuku Holdings, LLC<br />

Health Care Reform: What Does<br />

It Mean To Your Bottom Line?<br />

Brad Saltz, Managing Director<br />

SS&G Financial Services, Inc.<br />

Mike McCallum, Chief Strategy<br />

Officer, National <strong>Restaurant</strong><br />

Association<br />

Scott Defife, Executive Vice President<br />

of Policy and Government Affairs<br />

National <strong>Restaurant</strong> Association<br />

How Thoughtful Succession<br />

Planning Protects Families,<br />

Business Partners and Even<br />

Franchisors...and Avoids the<br />

Horror Story<br />

Moderator:<br />

John Berg, Partner<br />

Monroe Moxness Berg, P.A.<br />

Panelists:<br />

Scott Husaby, Partner<br />

Monroe Moxness Berg, P.A.<br />

John Geenen, First Vice President<br />

UBS Financial Services<br />

Todd Lifson, Partner<br />

Lurie Besikof Lapidus & Co. LLP<br />

<strong>Restaurant</strong> Real Estate Update:<br />

A Region-by-Region Update<br />

of the Best Opportunities for<br />

Acquisition or Conversion<br />

Provided by Members of the Council<br />

of International <strong>Restaurant</strong> Real Estate<br />

Brokers (CIRB)<br />

AGENDA AT-A-GLANCE<br />

Monday, November 8, 2010<br />

• Registration begins at 11:00 a.m.<br />

• <strong>Restaurant</strong> Valuation Workshop - 12:30–2:00 p.m.<br />

• <strong>Restaurant</strong> <strong>Finance</strong> Availability Session - 2:00–3:00 p.m.<br />

• Meet the <strong>Restaurant</strong> Dealmakers - 3:00–4:00 p.m.<br />

• <strong>Finance</strong> & <strong>Development</strong> Mall and Opening Night Reception<br />

4:00–7:00 p.m. (Reception begins at 5:30 p.m.)<br />

Tuesday, November 9, 2010<br />

• Continental Breakfast - 7:00–8:00 a.m.<br />

• General Session - 8:00 a.m.–5:30 p.m.<br />

• Networking Luncheon Featuring Frank Caliendo - 12:00–2:00 p.m.<br />

• <strong>Finance</strong> & <strong>Development</strong> Mall and Dealmakers Reception<br />

2:30–7:00 p.m. (Reception begins at 5:30 p.m.)<br />

Wednesday, November 10, 2010<br />

• Success Breakfast: Pat Williams, Orlando Magic 7:00–9:00 a.m.<br />

• <strong>Finance</strong> Workshops - 9:00 a.m.–12:00 p.m.<br />

The conference will conclude at approximately 12:00 p.m.


<strong>Finance</strong> & <strong>Development</strong> Mall<br />

The <strong>Finance</strong> & <strong>Development</strong> Mall at the<br />

<strong>Restaurant</strong> <strong>Finance</strong> & <strong>Development</strong><br />

<strong>Conference</strong> is the place to find financing, make<br />

new growth and development contacts, locate<br />

acquisition candidates, network for buyers, or<br />

find important financial services in the restaurant<br />

industry. During this networking time, you can<br />

meet with representatives of banks, finance<br />

companies, investment banks, private equity<br />

firms, merger and acquisition specialists,<br />

developers and other financial intermediaries.<br />

You can also shop the Mall for multi-unit<br />

franchise territories, co-branding alliances,<br />

international development opportunities,<br />

restaurant sites, or find chains and independents<br />

available for purchase. There is no other Mall<br />

quite like this one in the restaurant business. It’s<br />

a dealmaker’s marketplace. You won’t believe the<br />

networking possibilities!<br />

A Variety of Financing Sources!<br />

Here are just a few of the financing options<br />

that are represented at the conference<br />

during the <strong>Finance</strong> & <strong>Development</strong> Mall:<br />

• Bank Syndications<br />

• Build-to-Suit<br />

<strong>Development</strong><br />

• Business Acquisition<br />

Loans<br />

• Buy-Out Funds<br />

• Construction<br />

Lending<br />

• Equipment Leasing<br />

• Equipment Loans<br />

• Franchisor–<br />

Sponsored<br />

Financing Programs<br />

• Hedge Fund<br />

Financing<br />

• Initial Public<br />

Offerings<br />

• Leasehold Loans<br />

• Mezzanine Loans<br />

• Private Placements<br />

• Real Estate Loans<br />

• Recapitalizations<br />

• Sale-Leasebacks<br />

• SBA 7(a) and 504<br />

Loans<br />

• Venture Capital<br />

A one-Stop Shop for Capital!


Exhibiting <strong>Finance</strong> & <strong>Development</strong> Companies<br />

Lenders, finance sources, real estate and<br />

other financial services<br />

• Advanced <strong>Restaurant</strong> Sales<br />

• Auspex Capital<br />

• Baker Tilly<br />

• Bank of America<br />

• BeneTrends<br />

• Boefly<br />

• Brookwood Associates<br />

• Buxton<br />

• Capital Growth Advisors<br />

• CapitalSpring,<br />

• Centro Properties<br />

• CIT Group<br />

• Compeat <strong>Restaurant</strong> Mgmt Systems<br />

• The Council of International<br />

<strong>Restaurant</strong> Real Estate Brokers (CIRB)<br />

• CRG Partners<br />

• Ctuit Software<br />

• The Cypress Group<br />

• Decision Logic<br />

• Direct Capital Franchise Group<br />

• Directed Equity<br />

• DJM Realty<br />

• Duff & Phelps<br />

• e*<strong>Restaurant</strong> from Altametrics<br />

• Excess Space Retail Services<br />

• Ernst & Young<br />

• EXP Realty Advisors<br />

• FC Dadson SIB<br />

• First Franchise Capital Corp.<br />

• Franchise Capital Advisors<br />

• Franchise Payments Network<br />

• FRANdata<br />

• FranFund<br />

• Gaia Leasing<br />

• GE Capital, Franchise <strong>Finance</strong><br />

• Hilco Real Estate<br />

• Hopkins Appraisal Services<br />

• Hot Dish Advertising<br />

• InfoSync Services<br />

• IQ Back Office<br />

• Javelin Solutions<br />

• Jefferies & Co.<br />

• MarshallMorgan<br />

• Mercantile Capital Corporation<br />

• Mirus <strong>Restaurant</strong> Solutions<br />

• Modern Business Associates<br />

• Monroe Moxness Berg, P.A.<br />

• Mt. Pleasant Capital<br />

• National Franchise Sales<br />

• National <strong>Restaurant</strong> Brokers<br />

• National Retail Properties<br />

• Nationwide Insurance<br />

• Pinnacle Commercial Capital<br />

• Praetorian Group<br />

• Process Peak<br />

• Property Works<br />

• Quattro FPO Solutions<br />

• RBS Citzens<br />

• RealTime HR<br />

• Retail Investment Group<br />

• Revenue Management Solutions<br />

• Siegel Financial Group<br />

• SS&G Financial Services<br />

• Strategic Funding Source<br />

• Syrus <strong>Restaurant</strong> Information<br />

Services<br />

• Trinity Capital<br />

• Valuation Research Corporation<br />

• Vend Lease Company<br />

• Verdad Real Estate<br />

• Wells Fargo <strong>Restaurant</strong> <strong>Finance</strong><br />

List as of 6/28/2010.<br />

Featured<br />

Multi-Unit<br />

Opportunities<br />

• Arby’s<br />

• bd’s Mongolian Grill<br />

• Bojangles’<br />

• Capriotti’s<br />

• Checkers Drive-In<br />

• CKE <strong>Restaurant</strong>s<br />

• Copeland’s<br />

• Denny’s<br />

• Donatos Pizza<br />

• Dunkin’ Brands<br />

• Einstein Bros. Bagels<br />

• Famous Dave’s<br />

• Fannie May<br />

• First Watch<br />

• Golden Corral<br />

• Hurricane Grill & Wings<br />

• Jack in the Box<br />

• Jersey Mike’s<br />

• Johnny Rockets<br />

• Newk’s<br />

• Old Chicago<br />

• Panchero’s<br />

• Pollo Campero<br />

• Popeye’s<br />

• Qdoba<br />

• Rock Bottom<br />

• Shakey’s<br />

• Sizzler USA<br />

• Taco Bueno<br />

• Taco John’s<br />

• YO! Sushi<br />

• Zaxby’s<br />

Make appointments<br />

in advance!<br />

Make the most of your<br />

conference attendance and<br />

plan all of your meetings in<br />

advance. Paid attendees have<br />

on-line access to the registered<br />

attendee list in order to<br />

schedule appointments.


<strong>Conference</strong> Sponsors<br />

Gold Sponsors<br />

Premier and Event Sponsors<br />

<strong>Conference</strong> Co-Sponsors<br />

NATIONAL FRANCHISE SALES


Registration<br />

Mail, phone, fax or e-mail your registration.<br />

<strong>Restaurant</strong> <strong>Finance</strong> Monitor<br />

Registration and Information:<br />

2808 Anthony Lane South 1-800-528-3296 • www.restfinance.com<br />

Minneapolis, MN 55418<br />

Phone: (612) 767-3200 • Fax: (612) 767-3230 • E-mail: info@restfinance.com<br />

For Smartphone users -<br />

scan to access registration<br />

If you need to register more than one person, please make a copy of this form.<br />

Name<br />

Title<br />

Company<br />

Address<br />

City State Zip<br />

Phone<br />

Fax<br />

E-mail:<br />

(Required for pre-conference updates and to receive preliminary agenda. We will not share it unless you request that we do so)<br />

q No, please do not share my e-mail with other attendees<br />

q Check here if you are a restaurant operator. Concept(s) _____________________________________________________<br />

q Check here if you are a lender, financial consultant, advisor. Please list what type (i.e. debt financing, attorney, etc.):<br />

_____________________________________________________________________________________________________<br />

q I would like to receive the conference manual as a q hard copy q CD (Choose one)<br />

q Enclosed is my check for $795 per person payable to the <strong>Restaurant</strong> <strong>Finance</strong> Monitor. <strong>Restaurant</strong> operators who register<br />

2 or more attendees at the same time, from the same restaurant company before the cutoff date below, the price<br />

per attendee is only $695 each. (Note that for payments received after October 27, 2010, the fee is $895 per person.)<br />

Fed I.D. 41-1649668<br />

q Charge my American Express/MasterCard/VISA/Discover<br />

Number<br />

Name of cardholder (if different from above)<br />

Signature of cardholder<br />

Card billing address (if different from above)<br />

Exp<br />

3 or 4-digit security code<br />

q Please register me and send an invoice.<br />

Only registered attendees will be admitted to the conference sessions, meal functions and the <strong>Finance</strong> & <strong>Development</strong><br />

Mall. No one will be admitted to any conference session without proper registration credentials.<br />

Policies: With written cancellation notice, received by October 27, 2010 you will receive a refund (credit card payments<br />

will be subject to a $50 administrative charge on cancellations). Cancellations after October 27, 2010 are<br />

non-refundable. Notices of cancellation must be faxed to the <strong>Restaurant</strong> <strong>Finance</strong> Monitor office at (612) 767-3230.<br />

No-shows will not receive refunds. Substitution of enrolled attendees is permitted. For more information regarding<br />

administrative policies such as complaint and refund, please contact our offices at 800-528-3296.<br />

Bellagio, Las Vegas – To reserve a room, call Bellagio at 888-987-8686. Mention the conference name and receive the<br />

contracted rate of $169 per night (until cut-off date of October 14th). Hurry rooms sell out fast. Register on-line at<br />

www.bellagio.com and click on reservations, then enter the conference code RFD10.<br />

V1


<strong>Restaurant</strong> <strong>Finance</strong> Monitor<br />

2808 Anthony Lane South<br />

Minneapolis, MN 55418<br />

RESTAURANT FINANCE MONITOR’S 21ST ANNUAL<br />

Attend the <strong>Restaurant</strong> Dealmaker’s Event!<br />

November 8-10, 2010<br />

Bellagio Hotel • Las Vegas<br />

RESTAURANT FINANCE MONITOR’S 21ST ANNUAL<br />

Register today! Call (800) 528-3296<br />

or online at www.restfinance.com

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