Reg. D 506(c)
Vii Pizza Capital Partners LLC
Offering By Vii Pizza Capital Partners LLC
Project Overview
Vii Pizza Capital Partners LLC
Jalousie Bay holds real estate & restaurant properties in its portfolio. Purchase & restructure 13 existing local pizza operations and form one consolidated chain of Pizza Stores in the Seattle area.
Seattle based Piton Capital (“Piton” or “the Company”), an investment company with real estate and restaurant properties in its existing portfolio has made a strategic decision to roll-up a group of existing and yet to be opened branded pizza businesses (“the Stores”) from which it will derive a diverse stream of revenue and profits.
A roll up strategy is the process of acquiring and merging multiple smaller companies in the same industry and consolidating them into a large company. It can also offer a broader range of products and services than a single, smaller company.
Once the immediate roll-up that is detailed in this document has been completed, the Company will receive royalty income from the Jet City Pizza brand that it has agreed to acquire and operating income from the pizza Stores it will own as a franchisee.
Piton is the vision of two longtime friends and business partners, Matt Lersch and Scott McCarron. Over the years these two executives have invested successfully in real estate as well as the hospitality industry.
The Company has established the following objectives for its first twelve months of operation:
Complete the roll-up strategy that is the subject of this business plan;
Continue to build its brands by creating remarkable and memorable guest experiences;
Implement a new, more effective marketing strategy to create awareness for each of its more than 14 locations;
Build a customer base of “regulars” who will not let a week go by without at least one visit to a Round Table or Jet City location;
Develop winning habits and teach store managers and staff how to execute successful routines;
Create a database that captures guest information to invite for return visits;
Focus on organization and systems of operation;
Delegate responsibility to management, continue repeating this process;
Be involved and continue to evolve;
Maintain tight control of costs, operations, and cash flow through diligent management and automated computer control;
Provide service that is beyond reproach to each of its surrounding communities
Use of Proceeds
SEE PPM & Business Plan
Locations owned and additional stores either under contract, or ready for contract.
Only stores marked with "operational" should be considered for secured until further funding is available.
Garlic Jim's Locations
18404 120th Ave Bothell WA 98011
9796 Edmonds Way Edmonds WA 98020
3922 148th SE Mill Creek WA 98012
10924 Mukilteo Speed way Mukiltea WA 98275
11523 Avondale Rd NE Redmond WA 98052
3602 6th Ave Tacoma WA 98406
Roundtable Pizza
16208 Ash Way Suite 115 Lynnwood WA 98087 store already owned and operational
4002 A St SE Auburn WA 98002
34410 16th Ave S Federal Way WA 98003
302 SW 43rd St Renton WA 98055
Jet City Pizza Co
14957 N Kelsey St Monroe WA 98272
6920 Coal Creek Pkwy Newcastle WA 98059
Wedgewood WA Operational store. Acquire territory and equipment and open new location closer to the university.
Ownership Structure & Rights of Securities
SEE PPM & Business Plan
Jalousie Bay Holdings Inc “The Parent”
•12 Shareholder LLCs
•One member from each LLC holds seat on board
•Majority of decisions made by Management Team
Roles of Entities
Jalousie Bay Investments Inc.
DBA Jalousie Bay Management
•100% held by Jalousie Bay Holdings Inc
•Operates all assets for Piton Capital LLC
•Manager of all LLC’s • Holds no assets or ownership share
•Separates the assets from operations thus creating a layerof liability protection
Sagitta Staffing Inc.
Contracted to provide staffing for assets under management of Jalousie Bay Management
•100% held by Jalousie Bay Holdings Inc
•Separates employees from operator and assets
•Opportunity for varied benefit packages
•Ability to seamlessly move staff as required
Piton Capital LLC
Series LLC that holds all assets under separate cell agreements
•Each asset under separate LLC as “Disregarded Entity”
•Free Cash Flow rolls up to Piton Capital LLC from asset LLCs
•Allows partnerships with outside investors
•Provide addional level of separaon from assets
Risks & Disclosures
Projected allocation of funds for Pizza Domination:
Round Table Auburn acquisition $250,000
Jet City Franchise License $550,000
Jet City Mt Vernon acquisition $150,000
Jet City Wedgewood acquisition $150,000
Jet City Issaquah tenant improvement $175,000
Jet City Pine Lake tenant improvement $150,000
Round Table Lynnwood tenant improvement $225,000
Jet City Kent “the Hangar” tenant improvement $900,000
Balance for contingency/working capital $150,000
Client has possession of all spaces for tenant improvements, full permits for the Round Table Lynnwood location, and demo permits for Jet City Kent location.
They are applying for demo permits for Pine Lake this week and Issaquah next week.
Demolition on Kent starts next week (October 18th) and Lynnwood the week after.
Client is funding as much of the work as possible while they wait for funds to be raised.
They are scheduling tenant improvements to be completed within the next 8 months but most likely much sooner depending on permits.
Previous Funding
None
View our
Offering Documents
Gallery
Meet the Vii Pizza Capital Partners LLC team
WE PROSPER WHEN YOU SUCCEED
Manager VII Capital Funds LLC
Mark G. Visconti
Mr. Visconti has been in the Commercial Business since 1978. He has attained 5 licenses, 2 Fiduciary, 2 Certifications and several Designations. He is the Licensee Qualifying Agent and CEO of Visconti Industries Incorporated and Manager of VII Capital Funds LLC. Attended Hartford State Technical College and Graduated from the Broward County State Contractors School.
Securities Legal Consultant
Darin H. Mangum, Esq
Mangum & Associates provide legal services as the Fund’s securities counsel and provides Securities Compliance, Advice and Guidance.
Head of Research and Logistics Department
Therese A. Visconti
Therese earned her BA from Adelphi University, Garden City, NY then went on to earn a MS in Exceptional Education from Nova South Eastern University, Broward County, FL. She is in charge of Research and Development as well Logistics for all projects.
Communications and Scheduling, Administration Department
Ms. Sarah Visconti
Sarah earned her BA in Philosophy and History from Holy Apostles College In Cromwell, CT. She then acquired her Certificate in Publishing for the University of Denver. She is in charge of Research of inter Communications within VII Capital Funds LLC
Manager VII Capital Funds LLC
Mark G. Visconti
Mr. Visconti has been in the Commercial Business since 1978. He has attained 5 licenses, 2 Fiduciary, 2 Certifications and several Designations. He is the Licensee Qualifying Agent and CEO of Visconti Industries Incorporated and Manager of VII Capital Funds LLC. Attended Hartford State Technical College and Graduated from the Broward County State Contractors School.
Head of Research and Logistics Department
Therese A. Visconti
Therese earned her BA from Adelphi University, Garden City, NY then went on to earn a MS in Exceptional Education from Nova South Eastern University, Broward County, FL. She is in charge of Research and Development as well Logistics for all projects.
Communications and Scheduling, Administration Department
Ms. Sarah Visconti
Sarah earned her BA in Philosophy and History from Holy Apostles College In Cromwell, CT. She then acquired her Certificate in Publishing for the University of Denver. She is in charge of Research of inter Communications within VII Capital Funds LLC
Project FAQs
Ask A Question
Get Connected
Follow Us
Get connected with us on social networks!