Investor documents

Investor Research Brief

Market research, funding landscape, and return structures for prospective investors.

Kings and Queens Adventures — Investor Research Brief

Prepared October 16, 2026 — revised October 17, 2026 — for Brandon

The concept

Buy Alberta land that already has a house on it, add ~5 tiny homes as accommodation. Fishing nearby (summer, maybe winter ice fishing), hunting in the fall. Investor capital funds most of the land purchase (possibly plus a mortgage if obtainable).

Angel investor options — deeper look

Startup TNT (startuptnt.com) — the Prairies' largest angel community (250+ angels), quarterly pitch summits in Calgary and Edmonton. Winners get $150K+ (2024 average $210K); typical rounds $500K–$2.5M. Process: application → 8-week diligence → pitch nights → summit finale. Catch: everything they fund is tech. A land-based venture would be a real outlier.

Valhalla Private Capital (valhallaprivatecap.com) — Western Canada's largest angel network (founded 2003), chapters in Calgary, Edmonton, Vancouver. $70M+ raised for companies to date. Focus: tech, energy, health, consumer. Real-estate-adjacent at best.

NACO (nacocanada.com) — the national industry association (4,000+ angels), not a direct funder. You don't "pitch NACO"; you use it to find Alberta angel groups. Its summit is invitation-only.

Honest fit assessment

The organized networks above are built for scalable tech startups chasing 10x returns. A haven is asset-heavy: yield + land appreciation — a different return profile. Keep them as a secondary channel. Better-fit money, in order:

  1. Affinity high-net-worth individuals — Alberta hunters and anglers with money. They understand the asset intuitively and may become customers too. Keep your Primerica network out of this entirely — mixing the two businesses is a conflict-of-interest risk.
  2. Real estate investor partners / JV — someone who wants Alberta recreational-land exposure, with you operating.
  3. Seller financing (vendor take-back mortgage) — common in rural land deals; directly shrinks the upfront capital need. Ask every seller.
  4. Travel Alberta Product Development Fund — $75K–$500K for new tourism products, but only once land is secured and the business is operating 6+ months. A phase-2 lever, not startup capital.
  5. PrairiesCan Tourism Growth Program — federal money for Alberta tourism; watch for future intakes.

Pitch sketch

The investable story: the existing house = revenue from day one (no build delay). Five tiny homes = scalable capacity, added in phases. The land = an appreciating hard asset that gives investors downside protection no tech startup can offer.

Revenue streams: (a) nightly/weekly tiny-home stays — the core engine; (b) main house as premium whole-house rental; (c) guided fishing/hunting packages as high-margin add-ons; (d) annual memberships (priority booking, member rates); (e) private events and corporate retreats in shoulder seasons; (f) trip videography — an optional add-on where guests' hunting/fishing adventures are filmed and they receive an edited copy as a souvenir. Premium add-on revenue that doubles as marketing when guests share their videos; (g) farm-to-table experiences — Alberta farm partnerships (or a small on-site farm/garden) for chef-led farm dinners, harvest events, and local food. Premium add-on that deepens the authentic haven brand.

Staffing (lean model): Phase 1 — Brandon as owner-operator (bookings, hosting, marketing) + 1–2 casual cleaners for turnover cleans + 1 on-call handyman + 1 part-time/seasonal chef for guest dinners (peak season and farm-dinner events); guides and videographer contracted per trip, not employed. Full build (6 units) — chef hours scale with occupancy, plus an optional part-time property manager, 2–3 casual cleaners, and 1–2 seasonal guides during hunting/fishing peaks. Total: ~4–5 people at opening, ~6–8 at full build, nearly all part-time, casual, or seasonal — a lean payroll investors like to see. Note: the chef needs a proper kitchen — budget a commercial-grade build-out in the main house or a dedicated cookhouse if the existing kitchen isn't up to it.

Use of funds: land acquisition (majority) → tiny homes + site servicing → boat, electric truck, solar + propane → operating runway to first full season. Phase the tiny homes — 2–3 first, rest from cash flow. This shrinks the initial ask and proves demand: one of the strongest points in the deck.

Returns framing: angels typically take 10–25% equity. Since investors fund most of the purchase, expect them to want a larger stake and/or downside protection. Three structures to offer: - Equity with preferred return: investor funds the purchase for ~40% equity; paid first (e.g., 8%/yr on invested capital) before owner distributions, plus profit share and land appreciation. - Secured loan + equity kicker: investor loans the purchase amount secured against the land at ~8–10% interest, plus a small equity slice (5–10%) for upside. Lower risk for them, you keep more equity. - Profit split with buyout: investor takes ~50% of net operating profits until 1.5–2x their money back, then you buy them out at a pre-agreed formula. Clean exit path. Run any structure past a lawyer before pitching. The honest pitch: this is an asset-backed hospitality investment (yield + appreciation), not a 10x tech bet. Target yield-comfortable investors.

Key risks to address head-on: - Seasonality — winter is the hole; ice fishing + properly winterized units mitigate it. - Outfitter licensing — guiding hunters for pay in Alberta requires an Outfitter Permit (APOS), a $10K deposit bond, and $5M liability insurance. If you guide personally, you need the designation path. - Tiny-home placement rules — the sleeper risk. Tiny homes on wheels count as RVs in most Alberta municipalities (no full-time dwelling use); 5 commercial dwellings on one rural parcel will need development permits and possibly rezoning. Confirm with the specific county before buying land — make this a due-diligence milestone in the pitch. - Servicing costs — well/septic/power: budget roughly $5K–$15K+ per unit for site prep. - Financing risk — recreational-land mortgages are harder to get than residential; don't assume the mortgage leg.

Tiny-home costs (revised strategy): finished budget units $65K–$90K each from Alberta builders (e.g. aluminum-frame units) — turn-key, no interior finishing; used units from ~$115K CAD. Verify -40°C winterization on every unit — a 3-season unit is a false saving. Five units ≈ $325K–$450K, roughly half the cost of typical 2026 builds ($135K–$235K each).

Monthly revenue modeling

Working assumptions (validate against live Airbnb/VRBO comps before investor meetings): tiny home $150/night, main house $350/night. Formula: units × rate × occupancy × 30 days. Figures are gross — cleaning, utilities, insurance, tax, mortgage, and maintenance come out first.

Season Tiny homes (5) Main house Monthly total
Base case
Summer (Jun–Aug) $14,625 $6,300 $20,925
Fall (Sep–Nov) $12,375 $5,250 $17,625
Winter (Dec–Feb) $4,500 $1,575 $6,075
Spring (Mar–May) $7,875 $3,150 $11,025
Annual base ≈ $167,000
Conservative (rates −20%, lower occupancy) ≈ $83,600/yr
Optimistic (rates +20%, higher occupancy) ≈ $265,700/yr

Guided-package upside (add-on): Alberta benchmarks run ~$500–$800 CAD/day for guided fishing and $3,500–$6,500 USD for multi-day hunts. Even modest volume adds thousands per month in peak season — but guiding for pay triggers the APOS licensing above.

Startup Cost Model (all figures CAD)

Line item Low Base High
PHASE 1 — minimum viable opening
Land + house (+closing) $384K $474K $559K
Tiny homes × 3 (finished, delivered) $200K $240K $275K
Site servicing (clustered) $25K $45K $80K
Permits & licensing $10K $18K $30K
Business setup (incorp, insurance yr 1, website, furnishings, video gear, kitchen build-out) $50K $75K $110K
12-month operating runway $40K $60K $85K
Boat + trailer (used 16–18ft aluminum fishing rig) $15K $22K $30K
Electric truck (used F-150 Lightning) + Level 2 charger $57K $65K $75K
Solar array (10–15 kW, installed) $28K $40K $50K
Propane heat (tank + direct-vent heaters) $8K $12K $16K
Contingency (10%) $82K $105K $131K
PHASE 1 TOTAL (the ask) ≈ $900K ≈ $1.16M ≈ $1.44M
PHASE 2 — scale to 5 units
Tiny homes × 2 + servicing + furnishings + permits + enhancements $191K $273K $391K
Contingency (10%) $19K $27K $39K
PHASE 2 TOTAL ≈ $210K ≈ $300K ≈ $430K
FULL PROJECT ≈ $1.11M ≈ $1.46M ≈ $1.87M

Key benchmarks: Alberta land with house $380K–$555K (10–40 ac, cheap-land strategy); finished budget tiny homes $65K–$90K each (verify -40°C winterization); used 16–18ft aluminum fishing rig $15K–$30K; used F-150 Lightning ~$60–65K + Level 2 charger; 10–15 kW solar at $2.40–$3.20/W installed (Alberta); propane heat $8K–$16K (tank + direct-vent heaters); servicing $25K–$80K clustered; permits $10K–$30K; setup $50K–$110K; 12-month runway $40K–$85K.

Biggest cost driver: land — roughly half of Phase 1 at every level.

Top 3 ask-shrinkers: (1) cheaper/more remote parcel or vendor take-back financing — cuts $200–$400K; (2) open with 2 tiny homes instead of 3 — saves $65–$90K and still proves demand; (3) defer the APOS outfitter track to year 2 and partner with a licensed outfitter on commission.

Watch items: power line extension cost (solar shrinks this — verify grid distance before any land offer anyway); municipal tiny-home rules vary by county; budget-unit winterization (-40°C) must be verified before buying; electric truck loses ~half its range towing the boat — plan lake trips accordingly; big-game allocation cost still unknown.

Government funding (loans first, grants narrow)

Alberta offers no general small-business or startup grant — the realistic first government money is financing, not free money. Best fits for a rural haven:

  • Community Futures — the #1 door to knock on. 27 offices across rural Alberta, startup loans for rural businesses (e.g., Wild Rose region offers up to $300K), plus free coaching and business-plan help. They have a track record funding rural tourism (Rosebud Theatre, Canadian Badlands, Travel Drumheller). Loan terms and real-estate eligibility vary by office — ask upfront.
  • Canada Small Business Financing Program — federal, through your bank, up to $1.15M for equipment, leaseholds, and improvements.
  • BDC startup financing — up to $150K.
  • Futurpreneur — $5K–$75K plus mentorship, ages 18–39.
  • Tourism-specific (phase 2): Travel Alberta Product Development Fund ($75K–$500K, once operating) and PrairiesCan tourism intakes — already covered above.

Upcoming Alberta pitch events

  • Startup TNT finales (attend to network, applications closed): Edmonton Nov 12, 2026; Calgary Nov 26, 2026.
  • Startup TNT Summit XI: applications open February (~March close, ~May finale) — presumed spring 2027; verify at startuptnt.com/summit-xi.
  • NACO Summit: annual, invitation-only; next date not confirmed.

Bottom line

The concept is fundable, but lead with affinity/HNW and real-estate-minded investors, not the tech angel networks. Phase the tiny homes (house day one, 2–3 units first, rest from cash flow). And clear municipal sign-off on multi-unit tiny-home placement before any land offer — that's the diligence item that protects everyone.

Expansion vision (phase 2): Nova Scotia

Nova Scotia is a strong second location: premium Atlantic salmon packages command $9,000–$10,400 CAD per angler for multi-night stays, and cottage country has fewer short-term rental regulatory hurdles than many markets — directly relevant to the tiny-home model. Land is also cheaper and less competitive: Atlantic Canada has the most affordable farmland in the country (NS productive land roughly $3,000–$7,000/acre), with slower price growth than Alberta — a lower capital bar for location two. Keep it as the vision slide in the deck (proves scalability); nail Alberta first.

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