FIRST TO MARKET WITH FRANCHISE HOTEL

[Randy Benglan]

I need some suggestions on pitching investors.  Here in my resort community we have plenty of ma and pop hotels ~ over the past two years my small business has almost doubled in sales.  These local hotels are getting high ADRs for poor quality facilities.  I decided to look through my contacts for potential investors on a new 64 unit hotel project.  Now, I have a home run feasibility study & a group of dairy men who are anxious to invest.  Total project is $6M and we can get debt financing of 15-20%.  My primary investor is at $550k do invest. 

Now, the question is, what do I offer these guys, including return on investment, equity positions, management input etc ?????

Also, I'm thinking Partnership structure ~ thoughts???