Eskimo Hut Potential Investor

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The Eskimo Hut is privately placing one (1) unit of limited partnership interest in a new developed partnership which will own and operate a new Eskimo Hut store. Purchase of this one (1) Unit carries 49% ownership in two limited partnerships. The Cash Investor who purchases the one (1) Unit will collectively own 49% of the Limited Partnership, Kevin Morgan (the “Promoter”) will own a 50% carried limited partnership interest, and the General Partner will own the remaining 1% of the Limited Partnership. The basis for the carried interest to the Promoter includes, among other things, the personal guaranty of the Limited Partnership’s bank indebtedness by Kevin Morgan, and the efforts of the Promoter in developing the store. The Cash Investor will be entitled to a standard percentage of the Net Cash from Operations until the Cash Investor has received aggregate distributions equal to his/her capital contributions, with the remaining going to the Promoter and the General Partner. Thereafter, the Cash Investor will receive 50% of the Net Cash from Operations, with the remaining 50% going to the Promoter and the General Partner..

 

For more information please email Kevin Morgan at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or Brian Dobbins at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call the Eskimo Hut Corporate Office at 281-859-1994.