BUILDING A $3,400,000 OFFICE

Hey, everyone, Mike Annings here. Here at the Honda Civic, showing you the headquarter property. This is the property that we purchased almost three years ago. And the plan was and is to have the headquarters for Augusta Lawn Care here, here. Coming soon. Augusta Lawn Care Services. That's what the building is going to look like, hopefully eventually. But it's been almost three years since we purchased the property. It's five acres. It's industrial land. It's gonna be perfect once we have it done. But this is what really slowed us down. And it's been an ext. Annoying. Check this out right here. You can see this fresh gravel. You can see that new hydrant down there. This was just put in last month. Okay. And this is literally the water supply. Water and sewer from Ferndale to Bellingham. Okay. They connect the two in the event that if something would go really, really bad, there would be water connected between the two cities. Here's the thing. We are not allowed to connect to that water supply. It makes absolutely no sense. But that's what we were trying to figure out over the past little while. Is, is there any way for us just to connect to the water supply? Because. Because we're not doing that. We are having to put a well in. We're having to put like a. I forget how many tens of thousands of gallons worth of water tank for fire suppression. We have to put sprinklers in our entire building because we can't hook up to the water. So we were trying to get around that expense, which is going to cost us hundreds of thousands of dollars just because we can't connect to the water supply for the city. And so that's not fun. And we also have to, because of that, do a big. What's it called? Stormwater retention pond. So that's where the building is going to be at. Where you see those little markers over there? That's the back of the building. Basically runs at the front of the property. And then what we're going to have is the sewer water, or whatever it's called. The storm water goes over there, the retention pond. But what I'm walking on right now is eight dump truck loads. No, 11. 11 dump truck loads of hog heat. Because we need to install the. The water well thing, whatever it's called. So, yeah, this will be the back of the building. Over there, those trees is going to be the big water tower. And then this is probably actually where the road is going to be for us to be able to bring back debris. So the reason that we needed this Property and everyone's like, why don't you just buy something? And yes, it's like a pretty expensive per square foot, etc. Why don't you just, you know, buy something that's existing instead of trying to build. It's so expensive. Yes, you're right. It's stupid decision. However, finding a property where we can check this out. Finding a property where we can dump debris as a contract like construction and have heavy machinery, etc. Also have an office, also have tons of parking and have the ability to do training for our franchisees. And on that site is very difficult to find an existing building. Like, trust me, I looked. So this is the well. So I think we went down like 150, 120ft they said, and we got 20 gallons a minute as the flow rate. But this property goes back quite a ways. We have five acres and so this goes back a couple hundred feet more. And having five acres, although right now we aren't going to use probably about maybe three acres of it. My goal is that hopefully we'd keep building on this property. We need a lot of space for parking because of command center.

Already having 50 plus people there, plus the local shop, plus when we have our franchisees, there's 30, 40 plus people that could potentially be here every month. So we need a lot of space. And because this property has taken literally that well, I think is about the halfway marker. So you can see how far we are from the road where that sheds at over on the road we're about that. That wells about halfway through. So it goes way back and I don't know what's over there. Let's go try to find out. I don't even know what that is. They put some blue thing. I wonder if that's the. I haven't been here in months.

I wonder if that's the start of where they're putting the. What's it called, the big water tank thing. Okay, we'll go check that out. But because this has taken literally almost three years and it was a pain in the butt, there's pros and cons that the cons stinks because we're going to move in and from day one I'm basically going to be at max capacities for this building. I thought it was going to be nice and big and good for the office. Turns out it's probably going to be too small for us by the time we move in here next year. And so because this one's taking so long, I have to already start thinking about the Second building. And so what I'm considering doing is having a second building in the back that's just massive. And that'd be command center only because right now the building that's going in is going to be command center franchisee training the media team and then a space for me to live. My plan is start the second building just for command center at the back of the property and then just leave the front one for just the franchise. Like the more the corporate side, the coaching sales and the media side of things. And then we obviously like home service, cpa, things like that. Okay. It's an absolute mud fest. One day I'll show you guys back there what's going on. But it poured rain yesterday and it's super muddy. Got a bunch of the materials up front here. Check this out. Now there's always good to every bad. Now the good is that we're gonna pay for all this with cash. Very fortunate, very lucky because interest rates being so high, my monthly payment on three and a three and a quarter million or whatever, it's gonna cost probably about 3.3. That's my goal. I think I'll probably end up, you know, how things go. Probably 3.4. We'll see. Very fortunately, we'll be able to pay with the cash. And that's the positive thing about taking so long is because the past three years, I think we'll have enough cash flow and we'll be able to pay for 99 of this, if not 100, by the time we move in with cash. So like the property, this, this property, like the land is already paid for. I've sold off about half my real estate portfolio, which should pay for the rest of it. So that's the plan. That's the update. Any day now we could get a building permit. Now that we have the, the well put in a couple weeks ago. We have all the material. We have windows sitting in storage containers, we have doors. We have what else we got. We got a whole bunch of stuff ready to go, all the materials, because we've been waiting and my hands are freezing cold. It's frigid right now. But anyways, that's the update on the headquarters building. Thanks much. We'll see you tomorrow.