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Mike Mornson <br /> City Manager <br /> Saint Anthony Village <br /> 3301 Silver Lake Road <br /> St. Anthony, MN 55418 <br /> Dear Mike, <br /> You will find our purchase offer for the "Hardees" property. We hope this will be <br /> accepted by the council. We are very excited about the possibility of a Culver's in St. <br /> Anthony. We feel it would be a win/win situation for us, as small business owners,as <br /> well as the community. <br /> Culver's is a quick serve family restaurant. Several copies of our menu are attached for <br /> your disbursement to the appropriate parties. Our hours of operation are 10:30am to <br /> 10:pm everyday. We do not serve liquor. <br /> Our proposed land and building investment will be approximately$1,250,000, with <br /> equipment and inventory accounting for an additional $400,000. We will provide jobs for <br /> 60-70 employees, which represents approximately 30 full time job equivalents, not to <br /> mention many "first job" opportunities for the area high school aged youth. We are <br /> • estimating first year sales of$2,100,000. <br /> These are the tangible facts about our Culvers restaurant. In addition, we pride ourselves <br /> on our community involvement, including our support of school programs, youth sports, <br /> churches, city festivals etc. Community involvement is a very high priority for us. <br /> We hope we've provided the initial background information you need. We look forward <br /> to working with you. Please contact us with any other information you may need. <br /> CC <br /> Julie Chien and Steve Sparks <br /> Owner-Operators <br />