eb5Marketplace webinar series
Southern Oak Dental: Direct TEA Investment
Thu Jun 30 2022 11:00 am EST
Join us for a free webinar to discusses Southern Oak Dental with Business Manager Yaqi Mu, Immigration Attorney, Sam Newbold, and Registered Broker, Carel van der Merwe. Investment Highlights: -Looking for 3 EB-5 investors to develop 3 new dental clinics in South Carolina -Proposed locations are in newly developed master planned communities in TEA's -One investor per clinic at $800,000 per investor -All investors in Phase 1 received I-829 approvals -Average cost to develop each clinic is $800,000-$900,000 -Each clinic expected to create 20 new direct full time jobs -40% equity per EB-5 investor -1% preferred return, subject to availability of cash -Transparent, ongoing financial reports to investors -Clear exit strategy Southern Oak Dental is a successful chain of dental clinics with three already existing locations in South Carolina. Founded in 2017, the company began as a direct EB-5 investment by its principals, who have since received I-829 petition approvals for their unconditional EB-5 Green Cards. Now, the management team behind Southern Oak Dental plans to replicate its successful model to open three new clinics in South Carolina over the next two years.