Dino Favetta
Cedar Knolls, NJ (USA)
Role(s):
Founder/Owner/Principal
Accademia.Toscana
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Startup
Location:
Cedar Knolls
Industry:
Hospitality
Year Founded:
2000
Number Employees:
1-10 people
Description:
350 Acre resort and Bed-and-Breakfast 90 minutes outside New York City, converting to Recreational EducationalClasses in cooking, wine making, wine tasting, etc. Target Market is young professionals seeking personal cultural improvement. Basis is weekend and week-long stay at Hotel/Mountiian-Top Compound with additional revenue streams from hotel operations, classes, and agricutlure (Vineyard, organic beef, equestrian, fish farming, etc. Net Presnet Value (12% discount rate) = $7,500,000. Internal Rate of Return = 65%