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SIB - Confidential – Do Not Distribute LETTERS OF RECOMMENDATION & TESTIMONIALS rec om men da tion A FAVORABLE STATEMENT CONCERNING CHARACTER OR QUALIFICATIONS

SIB Letters of Recommendation

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SIB - Confidential – Do Not Distribute !! ! ! !!

LETTERS OF !RECOMMENDATION

& TESTIMONIALS!

rec  � om � men � da � tion!A  FAVORABLE  STATEMENT  CONCERNING  CHARACTER  OR  QUALIFICATIONS  

Barnes Healthcare Services! In-Home Healthcare!

ABP Corporation! Corporate Locations of Au Bon Pain Café Bakery!

Helzberg Diamonds! Division of Berkshire Hathaway, Nationwide Jewelry Retailer!

Crown Ventures, Inc.! Multi-Unit Franchisee, Burger King!

Atlantic Coast Enterprises, LLC! Multi-Unit Franchisee, Jiffy Lube!

Staab Management! Multi-Unit Franchisee, Pizza Hut!

MP2 Enterprises, LLC! Multi-Unit Franchisee, Pizza Hut!

Horne Management! Multi-Unit Franchisee, McDonald’s!

Coffee Regional Medical Center! 200 Bed Regional Hospital!

Ivan Smith Furniture! Regional Furniture Stores!

Tomsten Inc. - Archiver’s! Retail Scrapbooking Stores!

Brumit Restaurant Group! Multi-Unit Franchisee, Arby’s!

BGR Holdings, Inc! Corporate Locations of The Burger Joint!

RedKing Foods, LLC! Multi-Unit Franchisee, Burger King!

Piggly Wiggly Carolina Company! Supermarkets located in South Carolina & Georgia!

Deli Management, Inc! Corporate Locations of Jason’s Deli!

Cooke’s Food Stores! Supermarkets located in Tennessee!

4099 Inc and 10884 Inc! Multi-Unit Franchisee, Burger King!

High Plains Pizza, Inc! Multi-Unit Franchisee, Pizza Hut!

Rage, Inc! Multi-Unit Franchisee, Pizza Hut!

Genesis HealthCare! Provider of CCRC, Rehabilitation and Skilled Nursing!

PRG Ventures! Multi-Unit Franchisee, Burger King!

Westar Foods! Multi-Unit Franchisee, Hardee’s!

The Fulco Group! Multi-Unit Franchisee, Jiffy Lube!

In chronological order, as of June 11, 2014:!

SIB - Confidential – Do Not Distribute !! ! ! !!

SIB - Confidential – Do Not Distribute !! ! ! !!

F and F Foods! Multi-Unit Franchisee, KFC!

Southern Deli Holdings, LLC! Multi-Unit Franchisee, McAlister’s Deli!

Eye Care Center! Multi-Location Healthcare!

Kickin’ Chicken! Multi-Unit Restaurant Operator!

Smith Dairy Queens, Ltd! Multi-Unit Franchisee, Dairy Queen!

Whiteford’s Inc! Multi-Unit Franchisee, KFC, Arby’s & Taco Bell!

Cranford’s! Supermarkets located in Arkansas!

Seana Restaurant Group! Multi-Unit Franchisee, Burger King and Denny’s!

The Briad Group! Multi-Unit Franchisee of over 100 restaurants including Wendy’s and the largest franchise of T.G.I. Friday’s!

BMW Investments LLC! Multi-Unit Franchisee, IHOP!

Georgetowne Group LP! Multi-Unit Franchisee, Burger King!

Harvey Pennington Ltd! Law Offices located in Pennsylvania and New Jersey!

Biscuitville! Corporate-Owned Restaurant Concept with 60 plus locations!

Barnett Management Co! Multi-Unit Franchisee, Burger King!

Carolina Taco Inc! Multi-Unit Franchisee, Taco Bell!

Nearly Famous, Inc! Multi-Unit Franchisee, Burger King!

Trident United Way! Non-Profit!

Allied Reliability Group! Operational Consulting Company!

Centraarchy! Over 20 restaurants including California Dreaming, Carolina Roadhouse, and New York Prime!

Suffolk University! University located in Massachusetts with 10,000 plus students!

Benjamin Moore Paints! Division of Berkshire Hathaway, Nationwide multi-unit retailer!

M.M. Newman! Manufacturing Company!

Half-Moon Outfitters! Multi-Unit Retailer in the Southeast!

K-BO Inc! Multi-Unit Franchisee of Bojangles!

Wings Over America! Corporate Locations of Wild Wing Café!

Lat Purser & Associates! Property Management, Shopping Center & Commercial Real Estate Services!

SIB - Confidential – Do Not Distribute !! ! ! !!

 

One  Au  Bon  Pain  Way    Boston  MA  02210  

April 16, 2014 To Whom It May Concern: A business associate recently recommended SIB’s fixed-cost reduction services to Au Bon Pain. Au Bon Pain is a bakery café concept with over 130 corporate locations domestically. We were very interested in having an objective, third-party firm review our telecommunications contracts in an effort to identify any savings opportunities for our company. Consequently, we engaged SIB to review all of our telecommunication contracts. The results achieved by SIB for Au Bon Pain were very favorable as SIB was able to identify some significant telecommunication savings for our organization. I do not believe we would have achieved these savings without the independent expertise of the SIB team. In fact, SIB exceeded our expectations on the project and I would highly recommend their services to other organizations for this type of review. I would be more than happy to discuss our experience with SIB Development & Consulting’s team and their services directly if that would be helpful. Sincerely, Michael J. Lynch Chief Financial Officer  

2303 Coral Canyon Blvd Suite 99 Washington, Utah 84780

Bryant Peterson - Office (435) 986-1220 - Cell (435) 592-5651 - [email protected]

To Whom It May Concern: When I first heard about SIB’s services and their claims of saving money, I was skeptical. But after speaking with their team and learning more about their process, I realized it was a win-win. Because SIB works on a contingency-fee basis, I knew that if they didn’t find any savings, we wouldn’t owe any money. But as it turns out, they did find savings in both our telecom and waste spending. They even found services that we were paying for that we weren’t using. All in all, our experience with SIB has been a good one and I would definitely recommend their services to any other Pizza Hut franchisee or business owner. Regards, Bryant Peterson Managing Member, MP2 Enterprises, LLC (a Pizza Hut Franchise)

Horne  Management  Inc.  364  Anchor  Circle  

Mount  Pleasant,  SC  29464  (843)  881-­‐1503  

   

To Whom It May Concern: As a McDonald’s franchisee, I thought our rate on fixed-cost expenses were unbeatable, but SIB still managed to find meaningful savings with very little work on our part. Thanks to SIB’s expertise and knowledge of benchmark pricing in multiple spending categories, we can be sure that their review has resulted in Horne Management, Inc enjoying the lowest possible rates across the board. I wouldn’t hesitate to recommend SIB’s services to other McDonald’s franchisees. Regards,

Bob Horne Owner, Horne Management

To Whom It May Concern,

Our companies, 4099 Inc. and 10884, Inc., own and operate two Burger King locations in Kentucky and Indiana. We heard about SIB Development & Consulting at our Tri State Franchisee Association meeting. Having recently undergone an SIB review, you can add us to the list of satisfied clients.

SIB quickly and efficiently reviewed our monthly costs and determined that we could save money on our waste collection, telecom services, and pest control. By seeking rate reductions from our vendors and service providers, SIB got us much better deals in these spending categories. The changes were quick and easy, and won't diminish our service. We were very happy with the results of the review - this is simply found money.

As small business owners, we're always looking for ways to improve our bottom line. SIB came on as a partner and worked with us to negotiate deals as good as the major players in the industry enjoy. We will benefit from those savings for years to come, and we are thankful we chose to sign up with SIB.

Sincerely,

President

4099, Inc. & 10884, Inc.; 4060 E Valley Pass; Haubstadt, IN. 47639 Office: 812-768-5713 Fax: 812-768-5731 e-mail: [email protected]

PRG VENTURES LLC

September 15, 2013

To Whom It May Concern,

Earlier this year, PRG Ventures, LLC acquired 11 Burger King locations in the Birmingham, AL

area. We were very excited to complete this purchase, although along with our new

portfolio of restaurants came a variety of normal challenges associated with taking over a

business.

We recognized that this transition period was the perfect time to re-evaluate the

restaurants' services and vendor contracts to look for opportunities for improvement. Since

SIB Development has built such a strong reputation for its expertise dealing with Burger King

franchisees, we decided that their service would be a perfect fit for our locations.

SIB conducted its review and achieved very beneficial results for PRG Ventures. The review

identified savings opportunities on our restaurants' waste removal, pest control, and

landscaping costs, and SIB's team helped us put these savings in place. We were happy not

only with the savings they found, but with the other audits they performed to determine

that our spending in a variety of other areas was under control. This gives us peace of mind,

as does the fact that we can turn to SIB for our future vendor contract negotiations.

SIB Development seems tailor-made for a company in our position, and we would

recommend them to others going through a similar process. Their services have been very

valuable to PRG Ventures as we have transitioned from the acquisition phase to the normal

day-to-day operations of our restaurant locations.

Sincerely, • !A-

\ \

Charles H. Ja es II

Managing Owner

July 30, 2013

Fulco Group 10517 York Road

Cockeysville, Md. 21030 (410)316-1040

To all business owners and managers:

The Fulco Group owns and operates Jiffy Lube locations throughout Maryland. This is a very competitive industry in which any reduction in costs can result in an improved profit margin and a competitive advantage over other businesses.

SIB Development came to us offering a risk-free review, so we decided to take them up on it. They ended up finding us new savings opportunities in a variety of spending categories.

When a few simple changes in pricing and service plans can result in this level of cost savings, it only makes sense to call in a company like SIB and take advantage of their expertise. We're glad we chose SIB, and we would recommend others do the same for their own benefit.

Sincerely,

   

1459 Stuart Engals Blvd. #202, Mt. Pleasant, SC 29464 O-843.284.0257 F-843.284.0258  

KICKIN’ CHICKEN LOCATIONS: Home Office 843.284.0257 King St 843.805.5020 James Island 843.225.6996 Mt. Pleasant 843.881.8734

Summerville 843.875.6998 West Ashley 843.766.5292 Fayetteville, NC 910.339.8535

 

To whom it may concern,

Our company recently completed a review with SIB Development & Consulting, and I can honestly say our experience was nothing but positive. When SIB first got in touch with us, they promised that we had nothing to lose, and they were right.

Their review was thorough, but easy on our part, and the results have been impressive. We never expected them to find savings in as many areas of our operation as SIB found, but we’re glad they did. Those savings will add up to a major share of our operating costs in the coming years.

When we first signed up with SIB, we only did it because we knew the worst case scenario – finding no savings – wouldn’t affect our bottom line at all. But I can’t say we expected that the best case scenario would come true – major savings! SIB has exceeded our expectations and we’re very glad we decided to give them a shot.

Sincerely,

        David Miller

Owner/ Partner RPM Management Group

Cranford’s  

8503 Dollarway Rd White Hall, AR 71602 phone (870) 247-2141 fax (870) 247-6104

  

To whom it may concern, Cranford’s Fresh World, Inc. recently allowed SIB Development & Consulting to review costs at our supermarket locations in Arkansas. They’ve done a great job for us so far, and I’m glad to have their team helping to monitor our billing to make sure we continue to save money for years to come. SIB was a perfect fit for my business because they offered us a wide range of resources we wouldn’t otherwise have at our disposal. SIB’s team went to work for us and quickly found savings that we began benefiting from right away. They even found savings in minor spending categories like pest control – evidence of SIB’s thorough approach. Even in the handful of spending categories where no savings where uncovered, we still benefited from knowing our rates are competitive & fair. I feel much more confident now about the funds we spend toward our operating costs, because I know we’re getting a good value. In short, it has been a pleasure working with SIB, and I’m grateful for the useful service they provide. I would not hesitate to recommend SIB to other grocers or business owners.

Sincerely, Wayne Cranford General Manager Cranford’s Fresh World

Wayne Cranford

the fresh way to save!

  

SEANA RESTAURANT GROUP

To Whom It May Concern:

Seana Restaurant Group owns and operates several Burger King and Denny'srestaurant locations in Montana, Texas, and Arizona. Since our fixed monthlycosts were high and there was no risk to undergo an SIB cost savings review, wedecided to give them a shot.

SIB recently completed their review, and I was very impressed by the savingsthey achieved and the various ways they achieved them. SIB was able to findsavings by negotiating better rates, correcting billing errors, optimizing service,cancelling unused services, discovering and removing fraudulent charges, andtaking advantage of little-known discounts and promotions. It was truly a multi-pronged approach.

I consider my company to be frugal, but there's simply no way we could havedevoted the resources to an internal review the way SIB could, with their staff andtheir expertise. The fact that SIB was willing to offer all this with no upfront costswas icing on the cake.

I consider our SIB review one of the best choices I've made in business. Otherscan rest assured that they will not be disappointed with an SIB review.

David SheaOwner

9I60EBAHTADRrVE#107. SCOTTSEALE,AZ85260. (480)629-420L. FAX(480)629-4204

!

September 2012 To Whom It May Concern: The Briad Group owns and operates numerous quick service and casual dining restaurant locations across the country. In fact, we are the largest T.G.I. Friday’s franchisee in the United States, and we own and operate over 40 Wendy’s restaurants. We recognized SIB Development & Consulting’s (“SIB”) experience serving companies with multiple locations and determined they would likely best serve our needs. With the benefit of hindsight after completing the process, our decision to engage SIB was, in fact, a good one. Their staff was courteous and professional, and performed their review independently with very little asked of our team members along the way. When the review was completed, including the execution of revised agreements where appropriate, the work was DONE, with savings inherent in SIB’s efforts. The Briad Group recommends SIB to other restaurant groups or multiple-location companies seeking to reduce their fixed monthly costs. Sincerely,

Daniel E. Shea Vice President – Finance

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !BMW INVESTMENTS, LLC !"#$"%#&'()*#"+,-#"+#.*&/.#

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# To Whom it May Concern: BMW Investments has recently utilized the services of SIB Development & Consulting to conduct audits of our IHOP locations. The audits resulted in worthwhile cost savings and were conducted quickly and efficiently with no disruption of our normal activities. When we first signed up for SIB’s services, we expected them to find some minor cost savings for us. We were surprised to find out just how significant these savings actually were. Due to their review, we are now realizing double-digit savings in several fixed cost categories, including a more than 40% reduction in our waste removal costs alone. Based on our experience with them, I believe SIB Development & Consulting will provide effective, professional services to any company seeking to review its expenses, and especially fixed costs related to telecommunications, grease removal, and waste removal services.

Sincerely, Sam Salus IT Manager (405) 412-6973

!

!

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