Financial Projections

4-Year Financial Model
& Exit Strategy

Revenue projections, operating cash flow, and a clear path to capital return. Month-by-month financials across three scenarios, 4-year growth trajectory, and the refinance-based exit.

Revenue Ramp

Path to Profitability

Phase 1 launches with a 3-month ramp as infrastructure comes online and occupancy builds. Months 1–2 operate at a loss during ramp-up. The business reaches monthly profitability by Month 3 and stabilizes at full run-rate by Month 7. Below is the cumulative cash flow trajectory across all three scenarios.

Cumulative Net Cash Flow — Year 1
Monthly cumulative operating profit across the 12-month ramp
Cumulative Net Profit
Scenario Break-Even Month Year 1 Total Net Stabilized Monthly Net 4-Year Cumulative Net
Year 1 — Monthly Detail

Month-by-Month: How Your Capital Works

Months 1–3 are ramp-up as infrastructure comes online and occupancy builds. By Month 4, all six revenue streams are active. By Month 7, the business is at full run-rate. Toggle scenarios below to compare outcomes.

Monthly Revenue vs. Expenses — Year 1
Conservative Scenario
Revenue
Expenses
Net Profit
Month Revenue Expenses Net Profit Cumulative

Monthly Expense Breakdown

Line-item operating costs by month. Ramp-up months (1–3) show reduced costs as staffing and marketing scale up.

Expense Category M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12 Annual
4-Year Growth

How the Ecosystem Scales After Year 1

Phase 1 operations stabilize in Year 1. A subsequent $16M Series A funds the Dome Collective (Phase 2) — land acquisition and build-out. Phase 2 revenue begins Year 2 as domes come online. By Year 4, the full ecosystem is stabilized and ready for refinance.

Annual Net Profit — Years 1–4
Base case scenario · Phase 2 revenue begins Year 2
Phase 1 (Ranch + Within)
Phase 2 (Dome Collective)
Combined Net Profit
Year Phase 1 Rev Phase 2 Rev Total Rev Expenses Net Profit Cumulative
Exit Strategy

Year 4 Refinance & Valuation

Capital is returned through a debt refinance at Year 4 — not a sale, not an IPO. By Year 4, the ecosystem is fully stabilized, generating predictable cash flow, and valued on institutional lending metrics. All invested equity is returned while ownership is retained.

Capital Return Waterfall
Operating cash flow through Year 4 + lump-sum return at refinance
Refinance Mechanics — Full Capital Stack
Stabilized NOI drives appraised value · cash-out refinance returns all invested equity
Post-Refinance: Ongoing Cash Flow
Ownership is retained — the business keeps generating income after debt service

Refinance Assumptions

    Model Assumptions

    Key Assumptions & Methodology

    Phase 1 — AWKN Ranch + Within Center

    • Retreat House nightly rate: $349 (shared) – $499 (private) · 10 beds · 2-night minimum
    • Yurts x2: $699/night each · 50% base occupancy
    • HoneyComb Dome + Model Dome: $599/night each · 50% base occupancy
    • Maloka Dome: $20K–$40K/mo venue rental + $12K–$18K/mo nightly lodging
    • Within Center: $16.5K–$33K/mo from outpatient ketamine therapy packages
    • AWKN Hosted Retreats: $20K–$75K/mo curated multi-day immersions
    • Monthly operating expenses: $64.8K (low) – $77.8K (high)
    • Admissions / Corporate Sales: $4,000/mo — first 5 months funded from capital raise ($20K)
    • Months 1–3: 40% revenue ramp (infrastructure build-out, marketing launch)
    • Months 4–6: 70% of steady-state revenue (occupancy growing)
    • Months 7+: 100% steady-state revenue
    • Annual growth rate: 5% (rate increases + occupancy optimization)

    Phase 2 — Dome Collective

    • 103 domes total: 50 Tier 1 ($2,022/mo) + 40 Tier 2 ($2,322/mo) + 13 STR ($299/night at 70% occ.)
    • Gross monthly revenue at full occupancy: $275,511
    • Estimated net monthly: ~$200,000
    • Year 2: 30% of domes operational (construction ramp)
    • Year 3: 80% operational
    • Year 4: 100% operational — stabilized for refinance
    • Annual growth rate: 3% (lease renewals + rate increases)
    • Series A ($16M) funds land acquisition ($10M) + build-out ($6M)

    Year 4 Refinance Exit

    • Refinance at Year 4 stabilized NOI using 8.5% cap rate
    • Loan-to-value (LTV): 65% on appraised value
    • Refinance proceeds used to return investor capital + profit distributions
    • Ownership retained post-refinance — ongoing cash flow continues

    General

    • All figures in USD. No inflation adjustment.
    • All income projections reflect a 10% reduction from original model estimates
    • Expense growth: 3% annually (staffing, utilities, maintenance)
    • No additional capital raises assumed beyond Phase 1 seed round (includes 5-month Admissions/Sales hire) and Series A ($16M)
    • Conservative scenario uses low-end revenue and high-end expenses throughout
    • Base case uses midpoint revenue and midpoint expenses
    • Strong scenario uses high-end revenue and low-end expenses