James Register

Welcome to Tide Mill Resort, the only iPhone controlled waterfront Resort in the Chesapeake Bay Recreation Area offering daily rentals of cabin rooms, RV campsites, boat slips, kayaks, and services. Amenities include a restaurant, coffee shop, deli, bakery, store, meeting rooms, pool, spa, tiki grill, sandy beaches, fishing piers, and special events area for weddings, camps, retreats, and recreation. An Investor opportunity is available for a first lien debt position. ! Tide Mill Resort Contact Person: James Register 16701 Melford Blvd Suite 400, Bowie, MD 20715 Phone:--www.TideMillResort.com ____________________________________________________________________________________________________ Management: Board of Directors: James Register, Manager Phil Silver, Finance Allen Carrier, Marketing Dave Sterner, Security Alen Chalom, Social Media John Thorne, Architecture Kimberly Puterbaugh, MD Consultants: Elizabeth Garcia, Retail Alicia Jones, Events Brian Cusick, Fire Chief PFC. Bagley, Sheriff Contractors: Wayne Tabor, AQC Inc. Gibbons Marina Inc. SMECO Utility Coop Business Description: Tide Mill Resort is the first iPhone controlled resort where guests check in, open their cabin doors, select services, even set the temperature in their rooms before arrival using their iPhone. The waterfront resort in the Chesapeake Bay Recreation Area offers a new concept for a hospitality offering, the Uber version of a resort, using a “cashless” payment app which is simple, convenient and easy to use. The Resort will also be the home of the areas’s two Fire Boats docked in the harbor and two Charles County Fire Trucks, and a helicopter pad for emergency transport to hospitals. Company Background: Tide Mill LLC was formed in 2016 for the purpose of purchasing, rehabbing, and managing the Tide Mill Resort. The Resort will undergo full rehab of the cabins, lodge, and marina, with the addition of RV hookups and amenities. The site will open after the cabin rehabs and remain open while the remaining portions of the site are completed. Income will increase steadily until completion in 2019. Products/Services: We are filling a hospitality and retail gap in an area of high occupancy and flat growth in hotel construction within 30 miles of metro Washington DC. Tide Mill Resort will be the only full service resort in town and one of few in the surrounding states offering waterfront cabins, RV campsites, boat slips, a choice of food venues and services on one site, as well as a place for meetings, camps, conferences, weddings, and other events. Number of Employees: 2 Full Time 8 Seasonal/Events Technologies/Special Know-How: What really sets us apart is that Tide Mill Resort will be the only resort in Maryland (or any other state that we know of) that is iPhone controlled by the customer where they use their phone to make reservations, check in and check out, access the site and cabins, and order services, similar to Uber or AirBnB using a phone app. Industry: Mixed Use/Hospitality: -Cabins, RV campsites -Boat slips, Dry storage -Retail, Food, Event center Markets: The latest census shows the area of Maryland surrounding Tide Mill Resort ranks one of the highest household incomes in the USA of $100,071, with 10% or these earning over $200,000. Many of these customers have RV’s and boats and are constantly searching for places to camp and boat. Waterfront cabins and RV campsites in this area are rare and often booked weeks to months in advance, if available at all on holidays or weekends. Auditor/Accountant: Robert A. Cascio, CPA 1624 Market Street Suite 202 Denver, CO 80202 This historic site will target customers using internet marketing with use of our website, facebook, twitter, google adds and others, as well as old fashioned TV, radio and mailers focused to this group, and street signs at the entrance on Hiway 231, and site signs as part of the Star-Spangled Banner National Historic Trail. There are submarkets such as customers planning weddings, social events, sporting events like bicycle and Sup (stand up paddle board) races, scouting and summer/winter camps. An events calendar for guests includes Labor Day BBQ’s, 4th of July fireworks, New Years celebrations, and more. Law Firm: Scott Law Group Michelle Scott 204 Washington Ave Suite 200 La Plata, MD 20646 Current Investors: James Register $270,000 Use of Funds: Remodel and technology modernization of the resort. Revenue will be derived from a mix of cabin room rentals, daily RV campsites, boat slip rentals, dry storage of boats and RV’s, events, services and sales offered at the lodge stores. Distribution Channels: We will target customers using internet marketing with our website, facebook, twitter, google adds, hotels.com, as well as old fashioned TV, radio and focused mailers. There are submarkets such as customers planning weddings, social events, sporting events like bicycle and Sup (stand up paddle board) races, scouting and summer/ winter camps, boat and RV shows which can be advertised in various media formats. Competition: There are few competitors in the area, only a few B&B’s and other hotels, and few RV campsites. However, they are 30 miles away or further and most are not waterfront. No other competitor offers all the amenities at one site that are offered at Tide Mill Resort. We predict yearly increases in income and market share as the resort completes renovations and becomes known to the area and surrounding states. Page 2 Contact Person: James Register 16701 Melford Blvd Suite 400, Bowie, MD 20715 Phone:--www.TideMillResort.com ! Management: James Register, LLC Manager. Specializes in bringing underutilized and underdeveloped properties to full potential, dozens of projects completed for clients, startups, mid-size and Fortune 500 companies. Volunteer at Habitat for Humanity building homes. MBA, Project Management and Construction degrees, 20 years experience. ! Phil Silver, VP Strategic Alliance and financial oversight delivering projects on time and on budget. Directed strategic alliances with MasterCard and Microsoft, launched salesforce.com CRM. Expert in the application of analytics and big data tools. US Navy Captain retired. Supports our veterans Vet’s Journey Home and other groups. MBA Finance, BS Chemistry and BA History. 20 years experience. Allan Carrier, VP Marketing, launched some of the nation’s largest construction and development REITs in Washington DC, resolves zoning, environmental, and growth issues. Expert employee trainer and marketer. He is a White House political appointee serving three US Presidents, with a BA in Journalism, 20 years experience. Alan Chalom, VP Sales, successful internet and retail sports and water recreation related businesses, tech wizard, wins competitions worldwide in SUP races (Stand Up Paddle board), rental/retail shop setup, social media, and business development. BS Biochemistry. 20 years experience. ! ! Dave Sterner, Security, coordinates all aspects of site security from gate coding, security cameras, door entry iLocks, employee and guest background checks, traffic flow and control, special events and celebrity host visits. Lieutenant retired Maryland Police Department, Corporate Security Manager, Discovery. National Security Clearance. BA Criminal Justice, 20 years experience. Investor participation: Tide Mill Resort is owned and managed by Tide Mill LLC, a member owned company. Investors are offered a first lien position on debt financing to Tide Mill LLC, secured by the real estate, a waterfront 10 Acre existing site and structures with the appraised values below. Current appraisal values: As-Is Appraisal $1,510,000 as of March 24, 2018 After Repair Value $4,370,000 as of April 1, 2019 Value at Stabilization $7,000,000 as of April 1, 2021 Financial Projections at end of year:- Revenue $ 150,000 $ 684,000 $1,368,000 $1,950,000 Expenses $ 50,000 $ 205,000 $ 410,000 $ 585,000 Profit Before Taxes $ 100,000 $ 479,000. $ 958,000 $1,365,000 % Profit/Revenue 67% 70% 70% 70% ! ! 2022 $2,400,000 $ 720,000 $1,680,000 70% These financial projections are conservative and do not included any retail sales or special events paid for onsite such as weddings, conferences, summer camps, or room premiums. Rates used to calculate these financials were also 20% or more below market for the area. Exit Strategy: Upon completion of all renovations and rent stabilization, a refinance with a bank loan at a low interest rate will cash out the investors. Investors will be asked to commit for a 3 to 4 year period. However, the investor may sell their loan at any time to another investor if they wish to cash out sooner. Tide Mill Resort thanks you for considering our investment opportunity.