140 likes | 148 Views
Partners Davidson and Beauregard are developing a series of independent pharmacies and wellness centers that focus on personal service and one-stop shopping. These centers will provide pharmacy services, clinical services, health care provider services, refills, and medicine information, supporting the community through newsletters, blogs, and a delivery system.
E N D
EXECUTIVE SUMMARY Partners Stan Davidson, Piedmont Ventures, LLC and David Beauregard, BMG Capital Group, LLC have teamed up to develop a series of “Independent Pharmacies and Wellness Centers” throughout the Midwest and Southeast United States. Benzer Pharmacy (formerly known as Rx Care Pharmacy) is an independent pharmacy chain in the United States with more than sixty-five stores, will be used as their model and possible supplier. Davidson and Beauregard will focus on smaller communities that are qualified for Opportunity Zone funding and new market tax credits. The benefits of an “independent pharmacy and wellness center” are based around “personal service” and one-stop shopping. These locations unlike the big box stores and major pharmacies, concentrate on providing service to their clients who need a prescription filled or an over-the-counter medical product. No groceries, clothing, electronics — simply prescriptions. The “independent pharmacy” will concentrate on pharmacy services, clinical services, health care provider services, refills, and medicine information. The “independent pharmacy” supports the community through newsletters, blogs, coupons to maintain the lowest costs in the market and a delivery system to elderly clients. We always look to the community for our pharmacists as well as recruiting young pharmacists coming out of school. Our team will utilize EB-5 foreign investors to both invest in the project and join us as a pharmacist. Pharmacy & Wellness | 1
THE WELLNESS CENTER The Wellness Center will typically include a: retail pharmacy, long-term care pharmacy and compounding area for specialty medications. Offices for various health practitioners supporting the health of various patient disease states could include: cardiology, diabetes, rheumatology, pain management, dermatology, chiropractic care, naturopathic medicine, functional medicine, integrative medicine, mental health, massage therapy, acupuncture, diet and nutrition. Some locations provide advanced services such as Consultation, Acupuncture and basic testing for Osteoporosis Screening, Fasting Cholesterol and Glucose, BIA Testing, Nitric Oxide Test and HemoglobinA1C. Most locations will provide Counseling, Seminars on Quality Standards, Vitamin Standards, Body and Skin Care Standards, Grocery Standards. The addition of a dentist and eye doctor are subject to our market study. Pharmacy & Wellness | 2
THE NEIGHBORHOOD PHARMACY The Neighborhood Pharmacy will concentrate on pharmacy services, clinical services, healthcare services, patient monitoring, medication management and testing for health related issues and disease states. The Neighborhood Pharmacy will also support the community through educational programs to improve the health of each patient. Education will be through in person on-site seminars, on-site telehealth rooms and terminals connecting to health professionals, live and recorded broadcasts on health topics, newsletters, blogs and remote educational events promoting health in the local area. Pharmacy & Wellness | 3
DEVELOPMENT TEAM STANLEY K. DAVIDSON has been a real estate broker and developer for over 30 years representing national tenants and owners throughout the Carolina, Alabama and Florida. Stan has developed and repositioned several office properties and is experienced in planning and management of such projects. In addition to his real estate and development background, Davidson has raised capital for numerous projects including his current multi-use development in Fairhope, Alabama. The Alabama development “Ecor Rouge” being development by Davidson has two new buildings, one a local bank branch and the other a “neighborhood pharmacy.” In addition, Davidson is looking at the second planned “neighborhood pharmacy” in Eatonton, GA. DAVID BEAUREGARD is a developer and provides project funding through his company BMG Capital Group, LLC and also owns 3rd Party Compliance Group, LLC. David has four decades of experience in the Real Estate Development business and specializes in hotel, medical, retail and entertainment projects throughout the Midwest and Southeast United States. He’s played a central role in the development of 35 movie theater and family entertainment facilities, including four major land development initiatives. BMG Capital facilitates an array of funding options for clients through its proprietary network of providers, utilizing an appropriate combination of SBA504, Private Placement, REIT’s, USDA, Private Investors, New Market Tax Credits, EB-5 Foreign Investment vehicles, and International Investors. Pharmacy & Wellness | 4
As well, the BMG Team researches and advises clients on all available local and state incentives as resources to further support their projects. BMG’s expertise lies within their proven capacity to analyze business strategies and develop the most advantageous stacking plan possible. BMG works within its network of strategic partners to deliver development projects on time and within budget for its clients. The range of comprehensive services includes the selection of Project Architects and Engineers, General Contractors, Facility Managers, and Funding Sources. David also works directly with municipal governments, providing project feasibility studies and allied consulting services. BMG Capital Group utilizes several funding sources for its projects that are further enhanced through its relationships with International and EB-5 investors. In doing so, we collaborate with experienced, highly qualified firms, specializing in the successful development of strategic Chinese, South Korean, and East Indian business relationships. CHARLES KALLMEYER is an experienced pharmacy industry executive and entrepreneur. Our Advisory Board consists of a number of pharmacy/medical executes who provide insight and guidance as we develop new locations throughout the Southeast and Midwest. Pharmacy & Wellness | 5
AREAS OF BUSINESS COUNSEL AREAS OF WELLNESS COUNSEL • Strategic Business Planning • Community Feasibility Studies • Site Selection Support • Strategic Marketing & Communication Planning • Comprehensive Development & Deployment Services • Human Resources Management Planning • Hiring, Employee Handbooks, Benefit Packages • Compound Counseling • Prescription Management • Cardiac Counseling • Diabetes Counseling • Osteoporosis Counseling • Metabolic Disorder Counseling Pharmacy & Wellness | 6
SPECIFIC FINANCIAL COUNSEL • Guidance on Trips & Delegations • Relationship-Building Trips • Trips Seeking Investment Partners • Comprehensive Guidance Regarding Financial Resources & Opportunities • Direct BMG Client Access to Resources such as: • The EB-5 Foreign Investment Program • Opportunity Funds • USDA-Guaranteed Loans • SBA 7(a) Funding • 504 Loan Funding • New Market Tax Credits • Negotiation Assistance to Capture Available Financial Incentives • State, County and Local Jurisdictions • Development & Facilitation Counsel Pharmacy & Wellness | 7
HOW OPPORTUNITY FUNDS WORK Opportunity Zones are low income census tracts nominated by governors and certified by the U.S. Department of the Treasury into which investors can now put capital to work financing new projects and enterprises in exchange for certain federal capital gains tax advantages. The country now has over 8,700 Opportunity Zones in every state and territory. The Tax Cuts and Jobs Act passed by Congress in late 2017 created a new tax incentive program called the Opportunity Zone program, which has the power to transform real estate investments. Through this program, those who invest realized capital gains into qualified Opportunity Funds may defer and significantly reduce their capital gains tax liability, and potentially pay zero taxes on earnings from their Opportunity Fund investments altogether. Through these tax incentives alone, Opportunity Funds have the power to potentially double after-tax returns for investors. The Benefits of Opportunity Fund Investing: Investing in real estate through qualified Opportunity Funds offers several tax advantages – immediately and over the course of the next decade. Investors can reap tax deferral benefits immediately at the beginning of their investment. But, the greatest capital gains tax advantages are only available to investors who hold their Opportunity Fund investment for at least 10 years. Those who invest for at least 10 years can defer and reduce their initial capital gains liability, and also expect to receive permanent exclusion from taxable income of capital gains on profits from the sale of their Opportunity Fund investment. Pharmacy & Wellness | 8
DEMOGRAPHICS • We look at 3-5-10 mile demographics to determine the synergy of the market. • We also look at the competition prescription dispensaries and wellness locations in a 3-5-10 mile area as well as the number of and location of the retail base in the market. • The base of medical institutions, elderly care and hospitals within the market are important factors in the success of our new location. Pharmacy & Wellness | 9
LOCATION Each location is reviewed by the Pharmacy and Wellness Development Group Team. We look seriously at both the real estate and the business competition. The initial Pharmacy and Wellness Development Group location is in Fairhope, Alabama to be followed by Eatonton, Georgia and Anderson, SC. The Pharmacy and Wellness Development Team provides development and project funding to 3rd party clients and we approach each assignment as though we were developing for our own portfolio. Pharmacy & Wellness | 10
WHY BMG & Pharmacy and Wellness Development Group Team TRUST Piedmont Development Group works very hard to establish and maintain a high degree of trust between investors, regulatory boards, financial institutions, and developers or business owners. The EB-5 investment is significant, and the investor needs to have 100% confidence that their capital is always reaching its intended use. Piedmont Development routinely uses NES Financial – an approved USCIS Escrow Company to maintain complete transparency throughout both the investment and immigration process. With experience in over 250 EB-5 transactions, NES has developed a suite of online tracking products and services that provide absolute compliance to immigration requirements while at the same time allowing the investor to track every step of the I-829 removal process. With these tools, Piedmont Development can strategically manage both the investor’s expectations and the developer requirements in a fashion that earns trust from both parties. EXPERIENCEPiedmont Development Group has long-term experience with developments, funding and managing real estate development or corporate growth. Piedmont Development completely understands the development process from the ground up. Most of the Piedmont Leadership Team is former successful developers themselves, and the team has literally dozens of successful development projects completed between them. Since the removal of the I-829 conditions can take between 3 and 5 years to complete, it is equally important that Piedmont has the operational expertise to successfully manage risk throughout the lifespan of the EB-5 investment. Piedmont Development excels at supporting its Piedmont Development project for their EB-5 investment, they can rest assured that Piedmont Development Leadership is intimately involved in the selected project from kick off through return of capital. That experience and industry knowledge is equally important to investor and developer alike. Piedmont Development is also experienced in the EB-5 Investment and Immigration Process. Over the past 5 years, Piedmont Development has worked diligently to expand its EB-5 knowledge and expertise as well as assembling a knowledgeable team of attorneys, financial analysts and bankers, each of whom can confidently support the total process. Pharmacy & Wellness | 11
WHY BMG & Pharmacy and Wellness Development Group Team READINESS The Pharmacy and Wellness Development Group understands that foreign investors expect to be presented with well-vetted, interesting projects that have minimal risk associated with them. Our Development Team is constantly in the market looking for the very best project for EB-5 investment, and maintains a vetted, TEA certified pipeline of “shovel ready projects” of various sizes for foreign investment evaluation. Our team prefers to use a “public/private partnership” in conjunction with Opportunity Zone Funds to provide project funding. The public/private partnership or “P3” as it is known in the industry joins the municipality and private developers as partners in the development providing long-term economic gain to the municipality. Our experienced team of economists and attorneys understand the benefits of both the “P3” approach and the use of “Opportunity Funds.” Pharmacy & Wellness | 12
Stan Davidson Piedmont Ventures, LLC 704.846.1475cdavidson2@carolina.rr.com David E. Beauregard BMG Capital Group, LLC 317.490.4539dbeauregard@bmgcapitalgroup.com Corporate Office: 2625 N. Meridian St., Suite 157Indianapolis, IN 46208In conjunction with EB-5 Affiliate Network Regional Center We Chat: BMG Capital Group Facebook: @BMGCapitalGroupLLC Linked In: David Beauregard www.BMGCapitalgroup.com NOTE: For future information on any project please contact David E. Beauregard via e-mail at dbeauregard@bmgcapitalgroup.com or by calling 317-490-4539