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1.5 The "Inn" (Continued.) <br />All of the rooms will have double telephone service with fax modem and internet ports wired <br />to the Inn's Office Center to facilitate business transactions and duplication of documents. <br />Five (5) Guest Suites named alter prominent families from County Mayo, each with their <br />own Irish Pub Corners to facilitate suite entertaining, are included in the 52 guest <br />accommodations at the Inn. There will be seven (7) conference rooms including an <br />exquisitely furnished board room - The Ashford- Croaghpatrick Room - with a peat burning <br />fireplace, to support the operation of the Inn. <br />There will be one reception area for both the Inn and Pub. (As part of the Irish custom, <br />there will even be a "back door" to the Pub that the regular customers may favor.) In <br />addition, there will be a Blarney Irish Gift Shop that will feature traditional Irish <br />merchandise including Waterford Crystal, Beleek China, Claddagh gold and silver jewelry, <br />and the favorite Irish sweaters, caps, shawls and scarves. Other areas of the shop will feature <br />Irish books, CD's and tapes, together with County Mayo Merchandise. The Blarney Irish <br />Gift Shop will be operated by the Owner of several very successful Blarney Irish Gift Shops <br />in the Chicago area to allow cross - merchandising between such established stores and County <br />Mayo's Blarney Irish Gift Shop. (SEE: The Blarney Shuffle Graphic) <br />The COUNTY MAYO IRISH INN & PUB at South Bend will be one of the first <br />traditional Irish Pubs to combine the "IPC" with full service overnight lodging. The IPC has <br />been successfully launched in the Chicago area with the free standing Irish Pubs addressed <br />above which have all reported annualized sales volumes in excess of $2 million. As noted, <br />the Irish Lodging component has not been launched in the South Bend area. However, <br />several successful Irish Inns and Pub have been developed in Wisconsin. The County Clare <br />Irish Inn & Pub in downtown Milwaukee, developed by Classic Inns of Wisconsin <br />approximately four (4) years ago, has enjoyed a huge success since opening and is frequented <br />by many Chicago area residents. Our County Mayo location cn Milwaukee Avenue in <br />Vernon Hills, Illinois, scheduled for construction in March, 2001 , has been received very <br />well prior to its construction with local business men and potential patrons already seeking <br />to effect reservations in this offering. Our marketing for County Mayo at South Bend will <br />benefit from the marketing efforts made for County Mayo/Vernon Hills and Walsh's Irish <br />Pub scheduled for construction in March, 2001 in Rockford, Illinois. <br />1.6 Owner's Legal ,Structure <br />County Mayo Irish Inn & Pub, LLC is a limited liability company organized under the <br />Illinois Limited Liability Company Act. This legal structure allows the entity the ease of <br />operation of a partnership, but have the protection of a corporation. A similar Limited <br />Liability Company titled County Mayo /South Bend, LLC will be incorporated as the Owner <br />entity for the proposed County Mayo Irish Inn & Pub /South Bend. <br />ESA <br />