Jafrejo Holdings & the Florida Restaurant Franchise Group Announce Purchase of West Palm Beach Property for Development of Another Twin Peaks Restaurant

Jafrejo Holdings, LLC the parent company to DMD Restaurants and the Florida Restaurant Franchise Group have announced the purchase of property in West Palm Beach, Florida that will be developed as a new Twin Peaks restaurant.  The purchase was partially funded through the FRFG 9 EB-5 offering which provides for permanent U.S. Residency to foreign investors who participate in the project and help to create jobs for Americans.  The former Carraba's Italian restaurant site is located just West of I-95 on Palm Beach Lakes Blvd and is the 2nd of two locations that will be developed under the FRFG 9 project offering and will eventually be converted into a 10,000 square foot Twin Peaks restaurant, expected to open in August 2015.  The other location is being built in Pembroke Pines, FL