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EXHIBIT 99.1
TABLE VI
ACQUISITIONS OF PROPERTIES BY PROGRAMS
CAPTEC FRANCHISE CAPITAL PARTNERS L.P. III
TOTAL ACQUISITION COST,
ORIGINAL CAPITAL IMPROVEMENT,
REAL ESTATE/ DATE SQUARE MORTGAGE CLOSING
PROPERTY EQUIPMENT ACQUIRED FOOTAGE FINANCING AND SOFT COSTS
-------- ------------ -------- ------- --------- ----------------------
Boston Market
4150 Fayetteville Purchase: 1,000,000
Raleigh, NC Real Estate 1/31/95 3,007 Acq. Fees: 40,000
Red Robin Burger & Spirits
Emporium Purchase: 750,000
701 E. Harmony Rd. Equipment 5/10/95 Acq. Fees: 30,000
Kenny Rogers Roasters
5390 Hwy #153 Purchase: 249,187
Chattanooga, TN Equipment 8/15/95 Acq. Fees: 9,967
Applebee's Neighborhood
Grill & Bar
105 Potomac Blvd. Purchase: 1,642,460
Mt. Vernon, IL Real Estate 9/13/95 5,580 Acq. Fees: 65,600
Checker's Drive-In Restaurant
4305 St. Barnabas Rd. Purchase: 200,000
Marlow Hts, MD Equipment 9/27/95 Acq. Fees: 8,000
Kenny Rogers Roasters
1949 E. Camelback Rd. Purchase: 224,115
Phoenix, AZ Equipment 10/11/95 Acq. Fees: 8,965
Church's Chicken
1003 Military Drive Purchase: 630,000
San Antonio, TX Real Estate 10/23/95 1,850 Acq. Fees: 25,200
Arby's Restaurant
912 Maye Blvd. Purchase: 228,055
Greenville, NC Equipment 12/29/95 Acq. Fees: 9,122
Denny's Restaurant
4325 S. Florida Ave. Purchase: 272,946
Lakeland, FL Equipment 12/29/95 Acq. Fees: 10,918
EXCESS (DEFICIENCY)
OPERATING CASH
RECEIPTS OVER CASH
TOTAL EXPENDITURES
----- -----------------
Boston Market
4150 Fayetteville
Raleigh, NC $1,040,000
Red Robin Burger & Spirits
Emporium
701 E. Harmony Rd. $780,000
Kenny Rogers Roasters
5390 Hwy #153
Chattanooga, TN $259,154
Applebee's Neighborhood
Grill & Bar
105 Potomac Blvd.
Mt. Vernon, IL $1,780,060
Checker's Drive-In Restaurant
4305 St. Barnabas Rd.
Marlow Hts, MD $208,000
Kenny Rogers Roasters
1949 E. Camelback Rd.
Phoenix, AZ $233,080
Church's Chicken
1003 Military Drive
San Antonio, TX $655,200
Arby's Restaurant
912 Maye Blvd.
Greenville, NC $237,177
Denny's Restaurant
4325 S. Florida Ave.
Lakeland, FL $283,864
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TOTAL ACQUISITION
ORIGINAL COST, CAPITAL
REAL ESTATE/ DATE SQUARE MORTGAGE IMPROVEMENT, CLOSING
PROPERTY EQUIPMENT ACQUIRED FOOTAGE FINANCING AND SOFT COSTS
- -------------------- ----------- -------- ------- --------- --------------------
Checker's Drive-In Restaurant
33225 U.S. Hwy 19 North Purchase: 225,000
Palm Harbor, FL Equipment 3/11/96 Acq. Fees: 9,000
Denny's Restaurant
2380 NW Hwy 19 Purchase: 353,647
Crystal River, FL Equipment 3/29/96 Acq. Fees: 14,146
Red Robin Burger & Spirits
Emporium
1701 William D. Tate Ave. Purchase: 2,711,393
Grapevine, TX Real Estate 3/29/96 7,485 Acq. Fees: 108,456
Boston Market
1729 North Olden Ave. Purchase: 1,143,000
Ewing, NJ Real Estate 6/6/96 3,333 Acq. Fees: 45,720
12 Denny's Restaurants Purchase: 342,783
located in both Washington Equipment 7/15/96 Acq. Fees: 13,711
and Oregon
Hollywood Video
3400 West Owen K. Garriott Purchase: 1,050,000
Enid, OK Real Estate 8/4/96 7,500 Acq. Fees: 42,000
Kettle Restaurants
5720 North Hampton Blvd. Purchase: 789,543
Virginia Beach, VA Real Estate 8/5/96 3,012 Acq. Fees: 31,582
Golden Corral Restaurant
4532 South Florida Ave. Purchase: 1,600,000(1)
Lakeland, FL Real Estate 8/6/96 8,825 Acq. Fees: 64,000
Boston Market
25941 Pacific Hwy Purchase: 1,050,000
South Kent, Washington Real Estate 9/26/96 3,320 Acq. Fees: 42,000
Jack In The Box
320 Grapevine Hwy Purchase: 965,000
Hurst, TX Real Estate 9/27/96 2,860 Acq. Fees: 38,600
Black Eyed Pea
1905 Preston Rd. Purchase: 1,486,768
Plano, TX Real Estate 9/30/96 5,445 Acq. Fees: 59,470
EXCESS (DEFICIENCY)
OPERATING CASH
RECEIPTS OVER CASH
PROPERTY TOTAL EXPENDITURES
- -------------------- ----- -------------------
Checker's Drive-In Restaurant
33225 U.S. Hwy 19 North
Palm Harbor, FL $234,000
Denny's Restaurant
2380 NW Hwy 19
Crystal River, FL $367,793
Red Robin Burger & Spirits
Emporium
1701 William D. Tate Ave.
Grapevine, TX $2,819,849
Boston Market
1729 North Olden Ave.
Ewing, NJ $1,188,720
12 Denny's Restaurants
located in both Washington $356,494
and Oregon
Hollywood Video
3400 West Owen K. Garriott
Enid, OK $1,092,000
Kettle Restaurants
5720 North Hampton Blvd.
Virginia Beach, VA $821,125
Golden Corral Restaurant
4532 South Florida Ave.
Lakeland, FL $1,664,000
Boston Market
25941 Pacific Hwy
South Kent, Washington $1,092,000
Jack In The Box
320 Grapevine Hwy
Hurst, TX $1,003,600
Black Eyed Pea
1905 Preston Rd.
Plano, TX $1,546,238
(1) New construction - $654,000 funded August 6, 1996, $26,160 paid in
acquisition fees. Additional draws up to a total of $1,600,000 to be
funded by December 31, 1996.
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CAPTEC FRANCHISE CAPITAL PARTNERS L.P. II
TOTAL ACQUISITION
ORIGINAL COST, CAPITAL
REAL ESTATE/ DATE SQUARE MORTGAGE IMPROVEMENT, CLOSING
PROPERTY EQUIPMENT ACQUIRED FOOTAGE FINANCING AND SOFT COSTS
- -------------------- ----------- -------- ------- --------- --------------------
Taco Cabana Restaurant
3575 West Tropicana Purchase: 1,350,000
Las Vegas, NV Real Estate 5/25/94 3,800 Acq. Fees: 67,500
Kenny Rogers Roasters
13606 Bruce B. Downs Blvd. Purchase: 502,202(1)
Tampa, FL Real Estate 10/7/94 3,400 Acq. Fees: 25,110
Checkers Drive-In
1939 Oscela Pkwy Purchase: 142,000
Kissimmee, FL Equipment 9/7/94 Acq. Fees: 7,100
Popeyes Restaurant
11211 Abercorn St. Purchase: 74,000
Savannah, GA Equipment 2/8/95 Acq. Fees: 3,700
Schlotzsky's Deli
2835 N. Memorial Pkwy Purchase: 103,968
Huntsville, AL Equipment 2/13/95 Acq. Fees: 5,198
Italian Oven
Cedar Knoll Galleria Purchase: 227,063
Ashland, KY Equipment 2/21/95 Acq. Fees: 11,353
EXCESS (DEFICIENCY)
OPERATING CASH
RECEIPTS OVER CASH
PROPERTY TOTAL EXPENDITURES
- -------------------- ----- -------------------
Taco Cabana Restaurant
3575 West Tropicana
Las Vegas, NV $1,417,500
Kenny Rogers Roasters
13606 Bruce B. Downs Blvd.
Tampa, FL $527,312
Checkers Drive-In
1939 Oscela Pkwy
Kissimmee, FL $149,100
Popeyes Restaurant
11211 Abercorn St.
Savannah, GA $77,700
Schlotzsky's Deli
2835 N. Memorial Pkwy
Huntsville, AL $109,166
Italian Oven
Cedar Knoll Galleria
Ashland, KY $238,416
(1) Property purchased through a joint venture. Total purchase price of the
property was $800,000.