Investment overview
Total investment
$850K
100% investor funded
Secured by titled land
Projected EBITDA
$286K
Year 1 · ~29% margin
Conservative 80-cover avg
Full capital recovery
~Yr 7
Step-down distribution structure
51/49 ownership · 20% buyout
10-year total return
~$1.77M
On $850K invested · ~1.9x
Including Year 10 buyout
Investment structure
Capital contributions
Investor · cash$850,000 · 100%
Mick Taylor · sweet equityConcept · brand · execution
Total project capital$850,000
Sweet equity · what Mick brings
Culinary concept + brand identity✦
Construction management · DR experience✦
Pit master · ongoing culinary direction✦
Local development network✦
Day-to-day operations + management✦
Ownership vs distribution · intentionally separated
Ownership · governance and control
Mick Taylor51% · management control
Investor49% · substantial equity partner
Purpose of 51/49Prevent operational deadlock · ensure clear leadership
Distribution · cash flow schedule
Years 1-3 · highest risk period50% investor / 50% Mick
Years 4-7 · growth period40% investor / 60% Mick
Years 8-10 · mature operations30% investor / 70% Mick
Year 10 buyout option20% of total asset value
Why ownership and distribution are separated
Ownership governsDecision-making authority and control
Distributions governCash flow and economic participation
Buyout is fixed20% of total asset value · independent of both
The investor remainsA substantial 49% equity partner throughout
The operator maintainsAuthority necessary to run the business day to day
Investor downside protection · land as collateral
If the business fails before 100% ROI
Collateral securing the investment9,015 m² titled land · Loma Guaigüí
Land purchase price~$375,000
Current market value · comparable hillside land today$875,000+
Investor recovery mechanismFirst-position lien/mortgage on titled property
Legal structureFirst-position lien · subject to final legal structure
Lien released whenInvestor achieves 100% capital recovery (~Year 7)
What this means in plain language
The investor is not betting $850,000 on a restaurantLand-secured
They are funding a hospitality development secured by real propertyReal asset
If the worst happens the land does not disappearTangible collateral
Land already valued near or above investment amount~$875K comparable
10-year equity structure · step-down model with buyout option
| Period |
Investor % |
Mick % |
EBITDA est. |
Investor earns |
Mick earns |
Investor cumulative |
Status |
| Year 1 |
50% |
50% |
$286,000 |
$143,000 |
$143,000 |
$143,000 recovered |
At risk |
| Year 2 |
50% |
50% |
$286,000 |
$143,000 |
$143,000 |
$286,000 recovered |
At risk |
| Year 3 |
50% |
50% |
$300,000 |
$150,000 |
$150,000 |
$436,000 recovered |
Recovering |
| Year 4 |
40% |
60% |
$315,000 |
$126,000 |
$189,000 |
$562,000 recovered |
Recovering |
| Year 5 |
40% |
60% |
$330,000 |
$132,000 |
$198,000 |
$694,000 recovered |
Recovering |
| Year 6 |
40% |
60% |
$345,000 |
$138,000 |
$207,000 |
$832,000 recovered |
Recovering |
| Year 7 |
40% |
60% |
$360,000 |
$144,000 |
$216,000 |
$976,000 · ROI ✦ |
Recovered |
| Year 8 |
30% |
70% |
$375,000 |
$112,500 |
$262,500 |
$1,088,500 cumulative |
Passive |
| Year 9 |
30% |
70% |
$390,000 |
$117,000 |
$273,000 |
$1,205,500 cumulative |
Passive |
| Year 10 |
30% or exit |
70% |
$405,000 |
$121,500 or buyout |
$283,500 |
$1,327,000 + buyout |
✦ Exit |
Year 10 buyout option
Buyout valuation · Year 10
EBITDA at Year 10 (estimated)~$405,000
Valuation multiple · proven 10yr concept4x EBITDA
Business valuation~$1,620,000
Land value · conservative forced-sale estimate~$600,000+
Total asset value~$2,220,000
Investor buyout · 20% of total asset value~$444,000
10-year total investor return
Years 1-3 · 50% distribution$436,000
Years 4-5 · 40% distribution$258,000
Years 6-7 · 40% distribution$282,000
Years 8-9 · 30% distribution$229,500
Year 10 buyout · 20% of asset value~$444,000
Year 10 buyout · 20% of asset value~$444,000
Total 10-year return~$1,649,500
The investor proposition at Year 10
Capital invested$850,000
Total cash received years 1-9$1,205,500
Buyout option year 10~$444,000
Total 10-year return~$1,649,500
Return on investment~1.9x over 10 years
If investor declines buyoutContinues at 20% passive forever
Projected P&L · Year 1 · 5 days per week
Revenue
Dining · 80 covers · 260 nights · $42 avg$873,600
Bar + beverage premium$50,000
Private events + picnic experiences$35,000
La Mesa del Ahumador · 24 events · 12 guests$28,800
Gross revenue$987,400
Operating costs
Food cost · 34% · smoke-forward protein menu-$335,716
Labor · 24% · DR market rates-$236,976
Overhead · utilities, insurance, marketing · 13%-$128,362
EBITDA$286,346
Break-even analysis
Fixed costs per year · labor + overhead$365,338
Contribution margin per cover · after food cost$27.72
Break-even covers per night~51 of 100 seats
Projected covers · cushion above break-even80 covers · 37% cushion
Covers per night · break-even vs projected vs capacity
Break-even · minimum viable
51 covers
Projected · conservative estimate
80 covers
Phase 1 capacity · maximum
100 covers
Land · Guaigüí parcels · available now
◎
Loma de Guaigüí · La Vega, República Dominicana
Three contiguous titled parcels on a hillside above La Vega. Paved main road access. Electricity, internet, and cable already in place. 10 minutes from Rio Guaigüí, 30 minutes from Jarabacoa. Founder has personally driven past this exact location. Listed at RD$2,500 per m² through Inmobiliaria La Comarca (WhatsApp: 829-601-0020 · Property Code: 1351). Individual parcel sizes sum to 9,015 m²; confirm exact titled total prior to purchase. Target parcel range: 2 to 3.5 acres (≈ 8,100–14,160 m²) — enough land for the full operation, founder residence, and future phases, with room to favor view and price. The identified Guaigüí parcels total 9,015 m² (~2.2 acres), at the lower end of the target band.
Titled parcels · 9,015 m²
Parcel 12,200 m² ~$91,000 USD
Parcel 22,315 m² ~$96,000 USD
Parcel 34,500 m² ~$188,000 USD
Total · all 3 parcels9,015 m² · ~$376,000 USD
Phase 1 build · cost breakdown
Kitchen equipment$55,000 – $65,000
Construction + utilities + site work$80,000 – $100,000
Furniture + décor$20,000 – $30,000
Bar equipment$5,000 – $10,000
Generator + power systems$15,000 – $25,000
POS + cameras + networking$3,000 – $7,000
Contingency (10%)$20,000 – $30,000
Permits · professional fees · installation$18,000 – $33,000
Phase 1 build total~$300,000
Phase structure
Phase 1 · Opening
100 seats · 5 days per week · full operations
La Mesa del Ahumador · 12 seats
Garden + luxury picnic area
Weekend breakfast service
Phase 2 · Expansion
When revenue supports it · land already owned
Covered walkway connection
Zero additional land cost
Private dining room option
Facility · building footprint
Main building · single enclosed, roofed structure40 ft × 120 ft
Commercial production kitchen40 ft × 50 ft · 2,000 sq ft
Dining · bar · host · waiting40 ft × 70 ft · 2,800 sq ft
Main building total4,800 sq ft
Smokehouse, smoker's table & restroom pavilionsSeparate roofed structures
Sized as a production kitchen — bacon, longaniza, ice cream, sauces and smoked proteins made in-house — and built to support both Phase 1 (100 seats) and Phase 2 (150 seats) with no second kitchen.
Founder's development fee · buildout period
Why this matters to the investor
Buildout period18 months
Monthly draw$7,000 per month
Total development fee$126,000
What the investor gets in return
Dedicated full-time founder oversight of the build✦
No split attention · no side income required✦
Contractor management · vendor relationships · permitting✦
Pre-opening operations · menu development · staff hiring✦
Brand building · social content · market positioning✦
Total capital raise · complete breakdown
Land · all 3 parcels · Loma Guaigüí · 9,015 m²~$376,000
Phase 1 build + fit-out$300,000
Working capital · 90-day operating buffer$50,000
Founder's development fee · 18 months @ $7K$126,000
Total raise$850,000
Performance scenarios · three outcomes
In every scenario the restaurant is profitable and land collateral remains intact.
Conservative · 65 covers · $38 ticket
$677K gross
Expected · 80 covers · $42 ticket
$987K gross
Strong · 95 covers · $45 ticket
$1,177K gross
Conservative
65 covers · $38
Dining revenue$642,200
Other streams$35,000
Gross revenue$677,200
Food cost (34% · variable)-$230,248
Fixed costs · labor + overhead-$280,000
Labor/overhead are largely fixed — staff, insurance,
utilities, security and marketing do not scale down proportionally.
EBITDA
$166,952
Investor share (50%)~$83,476/yr
Capital recovery~10-11 years
Restaurant remains profitable even at worst-case assumptions. Land collateral fully intact. Business continues operating throughout recovery period.
Expected · Base Case
80 covers · $42
Dining revenue$873,600
Other streams$113,800
Gross revenue$987,400
Food cost (34%)-$335,716
Labor (24%)-$236,976
Overhead (13%)-$128,362
EBITDA
$286,346
Investor share (50%)~$143,173/yr
Capital recovery~Year 7
Conservative base case. Step-down equity improves investor return in early high-risk years.
Strong Performance
95 covers · $45
Dining revenue$1,111,500
Other streams$65,000
Gross revenue$1,176,500
Food cost (34%)-$400,010
Labor (24%)-$282,360
Overhead (13%)-$152,945
EBITDA
$341,185
Investor share (50%)~$170,593/yr
Capital recovery~5 years
Phase 2 expansion becomes viable. Step-down equity accelerates Mick's share as concept proves itself.
The most important sentence in this document
Conservative scenario · restaurant still profitableEBITDA $166,952
Conservative scenario · land collateral fully intact~$600K+ forced-sale / $875K+ market
Conservative scenario · investor still recovering capital~11 year timeline
In no scenario does the investor lose both income and collateralDual protection
"In our worst-case scenario the business is still profitable and your land collateral remains intact."
Competitive landscape · La Vega Province
Alta Vista · La VegaFine dining · helipad clientele · different customer
Camp David · SantiagoUpscale formal dining · serves Santiago market
Jamaca de Dios · JarabacoaCasual comfort · serves Jarabacoa market
Ahumados del Cibao · La Vega corridorUnclaimed position — destination smokehouse, rooted hospitality, multiple revenue streams
Revenue streams · 10 identified
Core dining
Restaurant dining · bar & cocktails · wine program · weekend breakfast
Experiences
La Mesa del Ahumador · luxury mountain picnic · private events · live music nights
Brand products
Blue Note Mountain Jerky · house sauces & glazes · house sweet tea · Mike's bacon & longaniza
The founder · why Mick
Mick TaylorFounder & Pit Master
BackgroundEngineering & physics (RIT) · commercial construction management · banking executive · Pier 24 Photography · hundreds of restaurant buildouts under Pepsi's Chevys brand · owner-operator trucking business
DR experience23 years traveling the Dominican Republic · built third-floor addition on family compound in Boca Chica on time and on budget · knows the country at a level most foreign developers do not
CommitmentLives on property · runs the pit himself until Humberto is fully trained · full-time from day one
FoundationNone of it was aimed here. All of it landed here.
Full founder story in the Ahumados del Cibao concept book.
Founding team
Mick Taylor · Founder & Pit MasterLives on property · full-time from day one
Angie · Director of HospitalityHospitality degree · wine program · front-of-house
Humberto · Future Pit Master20+ years alongside Mick · training on smoke program
Executive Chef · TBDHired ~90 days before opening
Local Development PartnerEngineer & architect · La Vega corridor experience
Operational redundancy · no single point of failure
Operational redundancy · no single point of failure
The operation is built so no one absence — including the founder's — stops service or breaks consistency
Executive ChefOwns daily kitchen execution and consistency on the line
Mick · Founder & Pit MasterSmoke program, culinary direction, overall operation · lives on-site
Angie · Director of HospitalityFront-of-house leadership, guest experience, and wine — covers the floor independently
Humberto · Future Pit MasterTrained on the pit so the smoke program is not locked to one person
Key-person riskMitigated · cross-trained leadership
Three paths to investor success
Path 1 · Operations
Primary return driver
Step-down distributions years 1-10
~$1,205,500 cash years 1-9
Full capital recovery ~Year 7
Growing EBITDA as concept matures
Path 2 · Real Estate
Appreciation upside
9,015 m² titled hillside land
Purchased below comparable market value
La Vega corridor actively developing
Land value independent of restaurant
Path 3 · Residual Asset
Downside protection
First-position lien until Year 7
Land retains value in adverse scenarios
Year 10 buyout at 20% asset value
Multiple exits · multiple outcomes
Unlike a traditional restaurant investment
Traditional restaurant investmentOne path · operating profits or total loss
Ahumados del CibaoThree independent paths to investor success
Even in adverse operating scenariosLand collateral provides residual recovery
Land appreciates independently of operationsSeparate value creation layer
The investment ask
Investor summary
"An $850,000 fully-funded investment establishes the flagship location of Ahumados del Cibao on 9,015 m² of titled hillside land above La Vega, secured by a lien on the property until 100% capital recovery. The step-down equity structure delivers higher returns in early years when risk is greatest, transitions to 20% passive income after full capital recovery, and offers a buyout option at Year 10 — with a structured 51/49 ownership, step-down distributions of 50/40/30%, and a projected 10-year total return of approximately $1,649,500 on $850,000 invested — a ~1.9x return with full capital recovery by Year 7."
The numbers at a glance
Total investment · 100% investor funded$850,000
Mick's contributionSweet equity · concept, brand, execution · 51% control
Downside protection100% land value applied to repay investor
Years 1-3 distribution50% · ~$145,000/year
Full capital recovery~Year 7
Post-recovery distribution30% of EBITDA · ~$112,000+/year
Year 10 buyout option~$444,000 · 20% of total asset value
Projected 10-year total return~$1,649,500 · ~1.9x
Break-even covers per night51 of 100 seats
Projected covers · cushion80 covers · 37% above break-even