In the past, FRFG has used Exclusive Visas to market its EB-5 fundraising efforts for its restaurants —including VooDoo BBQ & Grill and Twin Peaks Restaurants. The company has financed the development of eight VooDoo BBQ restaurant locations in South Florida with EB-5 money in the last 18 months.
“Joe understands the complexities of the EB-5 program better than anyone in the business,” said Jack Flechner, CEO of Jafrejo Holdings (the parent company of FRFG).
“That’s a vital part of our continued success as we continue to grow these two restaurant brands throughout Florida.”
FRFG has rights to develop 26 VooDoo BBQ & Grill franchises in Florida and 10 Twin Peaks franchises in the Miami/Ft. Lauderdale/West Palm markets. It has already opened two VooDoo BBQ restaurants—in Pembroke Pines and Kendall— with three new stores set to open in Ft. Lauderdale, Hollywood and Boca Raton by the end of the year. The first two Twin Peaks are expected to open in early 2014.
VooDoo BBQ & Grill is a fast-casual barbecue food concept born in New Orleans that puts a Cajun spin on traditional slow-cooked barbecue. It was recently recognized as one of the 50 Hottest Franchise Concepts by “Fastcasual.com”. Twin Peaks is a franchise system based in Dallas, TX that features quality “made from scratch man food” and ice cold draft beer served by friendly and attractive girls in a mountain sports lodge setting. Twin Peaks has been recognized as one of the fastest growing sports bar – restaurant concepts in the country.
“FRFG has a track record of success,” said Sloboda. “We are proud to say that to date, our EB-5 projects have resulted in 100 percent approval for all of our investors, allowing for more than one dozen families to receive permanent residency in the United States this year alone. “We have proven and successful restaurant concepts that are among the fastest growing brands in the country. That, along with our solid business model, makes us an ideal choice for foreign investors.”
“Unlike many other EB-5 projects, FRFG doesn’t rely solely on EB-5 money,” said Fred Burgess, CEO of Exclusive Visas. “Their restaurants are opened and operating before the investors ever complete their application process, easily creating the required number of jobs.”
About the Florida Restaurant Franchise Group (FRFG):
The Florida Restaurant Franchise Group, based in Weston, Fla., is private entity that develops and markets franchise restaurant concepts throughout Florida. The company has a development and operations team with more than 30 years of combined success in various national franchise operations. The group is currently developing VooDoo BBQ & Grill and Twin Peaks restaurants throughout South Florida. For more info, log on to www.eb5restaurants.com
About VooDoo BBQ & Grill
VooDoo BBQ & Grill opened its first location in New Orleans on Mardi Gras Day 2002. The company serves Cajun-style barbecue beef, pork and chicken with unique side dishes, plus salads and sandwiches, in a clean, colorful fast-casual environment with locations in Louisiana, Florida and South Carolina. For more information log on to www.voodoobbq.com.
About Twin Peaks:
Founded in 2005 and headquartered in Addison, Texas by successful restaurant veterans Randy DeWitt, Scott Gordon and Jack Gibbons to meet the needs of an untapped market, Twin Peaks features quality food and ice cold draft beer served by friendly and attractive Twin Peaks Girls in a mountain sports lodge setting. Named a “2010 Hot Concept!” by Nation’s Restaurant News and among 2011’s and 2012’s “Future 50” concepts by Restaurant Business magazine, the national chain has more than 40 locations throughout Arizona, Arkansas, Colorado, Florida, Georgia, Iowa, Kansas, Louisiana, Illinois, Nebraska, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee and Texas. For more information log on to www.twinpeaksrestaurants.com