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JOYOUS JOURNEY
There was a time when traveling was an elegant and memorable experience.
A time when you would kick back and relax and forget about your destination -- and simply enjoy the journey ahead.
Dinner time did not consist of junk food, vending machines and snack bars.
Dinner was, simply put, dinner -- an experience you looked forward to having.
Special dining cars were beautifully decorated, furnished with what was (at the time) the most modern amenities.
And the food was incredible, rivaling any restaurant in the world.
Those days are long gone, but Mitchell Menaker wants to bring them back -- and deliver them right to your own neighborhood.
Menaker has spent more than 35 years bringing numerous themed entertainment retail and food and beverage concepts to life.
Entertainment-driven retail and dining centers and themed railroad projects will be the initial focus.
Menaker plans to place as many as 25 of these train dining cars in key strategic locations over the next 48-60 months.
Each train is one-of-a-kind and will vary in age, menu, history and appearance.
We also know the provenance for most of the railroad cars, providing another element to utilize to enhance the customer experience.
MAKING NEW MEMORIES
All Aboard Dining Cars will source vintage railroad carriages
By enlisting in the financial assistance of external investors and the incredible talents of skilled craftsmen, we will restore the exterior of the carriage to its original condition
All Aboard Dining Cars will then ship the dining cars to a variety of locations across the United States
Independent food entrepreneurs will then convert the insides of the carriages to create their own style of dining experience
Insome locations, repurposed sea containers will be converted for use as specialty retail, food and beverage and office venues
The dining cars and sea containers will be leased to entrepreneurs, with All Aboard Dining Cars retaining overall ownership of each dining car and sea container
By utilizing this model, All Aboard Dining Cars will receive rental payments without having the risks associated with operating a food business on a day-to-day basis
The Company business model is to initially enter into ground leases with landowners in order to minimize out of pocket cash needs. As the company moves forward with successful venues, it is the intent of the Company to whenever possible, purchase the land it will use to develop this concept.
A WONDER
UNDER THE SEA
Sea containers provide a wonderful, sturdy and reliable opportunity for both retail and food entrepreneurs.
Sea containers are also much more cost-effective than building a traditional restaurant or retail venue from the ground up.
They provide a unique option to liven up the retail and dining experiences in virtually any location.
Their versatility is unmatched -- the venues retail and food entrepreneurs create will only be limited by their imagination.
PROJECTS BEING DEVELOPED
Projects under LOI or in serious negotiations:
LOI signed with Sanford Florida Construction LLC for an 8800 sq. foot ground lease in the historic district in Sanford Florida. Project is for one dining car and 18 sea containers. Projected revenue will be 78,000/mo. NNN Ground lease max year one $2600. Total monthly Expenses including ground lease of $37,200 leaving Annual Net revenue of $489,600. 5 year lease with 5 year option
LOI signed at The Historic Rail-yard in Santa Fe NM. Ground lease of @ 10000 feet at $5/ft or @ $4500 per month. Project to include single dining car and 30+/- containers. Projected revenue $88,000 per month less ground lease of $4500/mo. Total Projected monthly expenses including ground lease will be $42,000. Annual projected net revenue will be $552,000
Met with Triple 5 owners in November to discuss location possibilities at Mall of America. Most likely will be dining car only. Meeting scheduled for 11/16/18 at Mall of America Terms TBD
Working with Triple 5 and state of New Jersey to locate a historic dining car eating experience in the New Jersey museum being built at the $6.5B entertainment retail project adjacent to Meadowlands Stadium in East Rutherford New Jersey. We have two historic options whose routes were in service within New Jersey. One is 1915 and one is 1954. Terms TBD
Renderings of projects being worked on now:
Sanford, Florida Project
Santa Fe, New Mexico Railyard Project
PRESS MENTIONS
Our projects have been garnering some serious buzz from around the country.
“There is a lot going on in Sanford, and we want this to be a destination location,” Menaker said. “For the containers, we’re looking for unique food, art, a coffee shop, flowers or some other kind of unique retail concepts that would keep customers within the area.”
From the Orlando Sentinel
“Menaker Development and All Aboard Dining Cars plans to convert a restored historic railroad car into retail boutiques, galleries and food venues at the Santa Fe Railyard, according to a release. The project is scheduled to open in the summer.”
From Albuquerque Business First
The project has also been mentioned in the Albuquerque Journal Press and Sanford Sentinel.
We've also been featured on Orlando's Fox 35 News.
MEET THE TEAM
Mitchell Menaker | CEO and Visionary Developer
Menaker’s retail career timeline:
Stephen Morelli | Vice President, Food and Beverage Selection Process
Douglas K. Mihigan | Director of Construction and Project Management
Wendi Ward | Office Manager/Executive Assistant to President
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