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     Jeff Bouchy

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BUSINESS PLAN: Silos Business Center

Our production facility and corporate headquarters are located in Middleburg, FL, near Jacksonville, FL. We have purchased nearly 5,000 square feet of warehouse space which  will provide us  adequate space to initially launch our business.  We felt it was advantageous to purchase rather than to rent this space based on a few basic principles:

  1. Rental rates continue to escalate  and these rental payments would never be recovered.
  2. Buying builds equity and appreciation.
  3. Conservatively, commercial/warehouse real estate is escalating nearly 6-9% annually in Jacksonville, FL
  4. Financing rates were very low.
  5. No monthly sales tax on our mortgage
  6. Depreciation and interest write-offs
  7. Payments to ourselves essentially.
  8. Designed  specifically to meet  our production needs.
  9. Located in Jacksonville, FL which was recently voted in the TOP TEN cities for small businesses. (voted #9

Business Condos USA is the leading developer and provider of commercial, retail and business condominiums in the United States. The company's innovative approach and quality products have helped hundreds of small business owners and their families in creating wealth through the direct ownership of their place of business.

The warehouse condos (two) that we have purchased combined are nearly 5,000 square feet. They are made of split faced block with stucco facades up to 27 feet tall. The power, water and electric are all separately metered. All units are sold as shells with one hour fully insulated fire walls, sewer, electric and phone stubs. There are two personnel doors with large 10’ x 12’ foot roll-up doors, grade and door access, skylights and three-phase power. The Condo Association is in place to maintain the professionally landscaped grounds 365 days of the year. Our space was professionally designed by an architectural firm with consultation from industry experts as to how the space should be fully utilized for successful production of screen printing and embroidery products.

Founded in Fall 2002 by its current President, Larry Walshaw, and Vice President, James Brady, Business Condos USA began as Warehouse Condos USA and developed its first project, Grande Oaks Business Park, on land purchased by Walshaw in August 2002.

Having significant experience in the commercial and Industrial real estate marketplace, Walshaw recognized a lack of opportunity for small business’s to gain the benefit of ownership of their place of business. By utilizing the basic concept of subdividing a larger property into smaller condominium units, Grande Oaks was developed to provide the small business owner access to ownership of warehouse and office space at a reasonable cost.
Based on the overwhelming market response, Walshaw began development of a second project, Greenland Business Park in early 2003.

After the successful completion of the Greenland Business Park project confirmed the proof of concept, Walshaw and Brady began an ambitious expansion that included the simultaneous development and construction of four projects consisting of over 250,000 square feet of warehouse condominiums. With vision and a thought towards transforming the way in which commercial real estate is viewed, Walshaw and Brady distinguished themselves within the commercial real estate marketplace through a unique marketing and advertising approach. By marketing their commercial real estate product as a brand, Business Condos USA created a paradigm shift in the sales and marketing of commercial real estate for the small business owner.
The marketplace response was again overwhelmingly supportive of the warehouse condo product and the visionary marketing approach. During this time, Business Condos USA continued to evaluate the feasibility of delivering their concept to the small business retail market. With an emphasis on superior site selection and the high quality of the end product, Business Condos USA purchased three additional properties, two of which has a combination of warehouse and retail condos while the third was a stand alone retail project. Once again, the market response was overwhelming. These three projects, with an additional 84,000 combined square feet of warehouse space and over 150,000 square feet of retail space, were over 80% purchased by small business owners prior to ground breaking. Business Condos USA continues to expand it retail presence in the North Florida market with its recent purchases of property at the World Golf Village and other select sites.

Business Condos USA has received numerous awards and accolades for its innovation and success in Commercial Real Estate. Most recently, they were nominated by their peers as Developer of the Year, and for Project of the Year, by the North Florida National Association for Industrial and Office Properties (NAIOP), a leading commercial real estate trade association.

Business Condos USA continues to assist the small business owner in creating wealth with its innovative approach and quality products. As the industry leader in providing retail condominiums to small business owners, Business Condos USA is uniquely position for its national expansion.



Destroyer Graphics, LLC

1635 Farm Way Units 404-405 Middleburg, FL 32068
904.819.5621



Copyright 2006 DESTROYER GRAPHICS, LLC