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Cobbs Mill Inn - Preliminary Plan for reopening

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Cobbs Mill Inn Property Draft Business Plan Presentation

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Agenda Kleber and Sandra Siguenza are pleased to discuss with you the plan and vision we see for Cobbs Mill Inn property This draft business plan will discuss the following Introduction of the Prospective Owners Business Opportunity Market Customers Competitors Why Us

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Prospective Owners of the Property Kleber and Sandra Siguenza u Have over 25 years in restaurant management experience u Aside from this investment the Siguenza s have 9 restaurants operating under JS Restaurant Group JS Restaurant Group opened their first restaurant located in New Canaan Cava Wine Bar Restaurant in 2004 u All restaurants are family owned and operated u All restaurants are highly reputable and located in Connecticut primarily Fairfield County Our Harvest Restaurant located in Greenwich received an Excellent rating from the New York Times the highest possible rating given to an establishment u Out of the 9 restaurants currently operating two are located on Yale properties in New Haven and partner closely with Yale University both faculty and students Sandra Left and Kleber Siguenza Right

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Business Opportunity Problem Problems with the Town of Weston The problem with The Town of Weston is that the community is in desperate need of a warm and friendly place for friends and family to gather with excellent food The problems we note are u No venues to hold events in town Examples include concerts weddings etc u No establishments providing accommodations for travelers and or visiting families u No more than 1 restaurant in the Town u No luxury restaurants u No dining establishments that serve good quality food for low budgets incomes Examples include students local workers etc u To get food locals aside from the 1 restaurant in Weston typically order delivery pick up from out of Town u There is no grocery store in Weston now that Peter s Market closed

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Business Opportunity Solution Solutions to the issues facing the Town of Weston The Siguenza s have various solutions to the issues facing the Town of Weston which are u An event and wedding venue located on the first level main floor of the property The d cor and atmosphere will be significantly updated and modernized while maintaining the integrity of the Inn u To re create a casual lunch dinner facility where the coffee shop is currently located We will be requesting permission for a kitchen and hood system for baking goods u Use of the current Inn rooms located on the second floor for overnight wedding guests u The downstairs bar and restaurant area to be updated and refurbished restored while still maintaining the history and beauty of the property The restaurant will continue to act as an upscale restaurant and bar u To refresh the available outdoor space and revitalize its permitted usage This area may be used for rehearsal dinners and small gatherings such as baby showers team dinners and family events u We want to keep the Cobbs Mill Inn as a part of history for the Town of Weston and as a result seek to restore the building This is a very historical building and want to remind the community of it as the establishment also hosted President s of the United States and other important figures The building itself is among the oldest structures in the country predating the Revolutionary War u There are not many events for the community With this property we hope to partner with the Town in order to create events

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Market Customers Competition The target customers we see for this investment are the following i Local Weston Community Students families local town workers i e police fire fighters town hall workers teachers faculty and laborers i e construction workers ii Surrounding Cities We seek to attract residents from various cities nearby Weston such as Wilton New Canaan and Westport iii Commuters Individuals commuting to work Our competitors in the area will be the following i Competition in Town There is only 1 restaurant located in Weston The only competition are the restaurants located in the cities that surround Weston ii Competition Outside of Town There are several cities to order from nearby Weston however deliveries take time to arrive

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Why Us The Town of Weston should feel comfortable with the Siguenza s owning the Cobbs Mill Inn property due to the following reasons i Experience Professional and highly trained management with more than 25 years of restaurant management experience The Siguenza s operate 9 other restaurants which are still open and located all over Connecticut Kleber is also a pastry chef who graduated form the Culinary Institute of New York ii We are local Westoner s Too We want to create a wonderful community for families especially for our own family as we have two little boys who attend Weston Public Schools iii Create More Jobs and Stimulate the Local Weston Economy iv Community Create a stronger community presence filled with events For example using the outdoor space for potential events for the Town of Weston v Place Locally To Stay for Visitors We hope to have the inn rooms open again for overnight wedding guests and hope to reopen the only Inn within Town vi Historical Importance to the Town of Weston We seek to educate the local community of the historical importance of the Cobbs Mill Inn property and will preserve restore the property