202 Hometown Tacos

Bellevue , Pennsylvania Restaurants


202 Hometown Tacos will be the first taco shop in the up-and-coming business district of Bellevue. Until late 2015, Bellevue had been a dry town but now, with the liquor laws being relaxed, numerous new businesses are opening in the community. 202 Hometown Tacos is excited to be a part of this growth, when they open a taco shop and adjoining bar. Projected to open at the end of November, 202 Hometown Tacos is looking to purchase safety and ventilation systems for its kitchen, gas ranges, a garage door for the front of the building, and sliding doors between the bar and restaurant.

202 Hometown Tacos is looking to borrow between $15,000 and $40,000 at 8.5% interest over 5 years. Anyone at least 18 years old can invest.


About 202 Hometown Tacos

The dream of owning a restaurant or bar stays a dream for many, but for this team, dreams are becoming reality! Since working in a bar for the first time, Co-Owner David Caligiuri has wanted to own his own. For years, Dave has been exploring the idea and negotiating his way into the ownership of his very own restaurant and bar. Dave needed some help in making it happen when fate put him in the path of his childhood friend, Marc Seiavitch, who happens to be a commercial real estate advisor who knows the Bellevue area well.


Renovations underway! Looking at where the kitchen will go.


Both Dave and Marc were impressed with the growth of the commercial district of Bellevue, a small borough just outside of Pittsburgh. All along Bellevue's main shopping district, Lincoln Avenue, new restaurants, coffee shops, and bakeries are opening. But what is it that the people of Bellevue actually want? During a recent Bellevue Municipal Meeting the question was answered - the people want tacos! 

And tacos they will have! 202 Hometown Tacos is planning to open in late November 2018. The restaurant will be "bring your own bottle" (BYOB) allowing patrons to pair their tacos with their favorite beverage until the adjacent bar is up and running. With expected hours of 11 am to 9 pm, 202 Hometown Tacos is projecting a gross income of $375,000 with a net operating income of $140,000 in their first year of operation.


First mock menu 


Armed with this plan, Dave and Marc set out to chase their dreams. For the past several months, they have been working side-by-side to get 202 Hometown Tacos open as soon as possible. With the property purchased, renovation plans approved by the city, and the menu testing started, it's time for the next step for 202 Hometown Tacos!  


Fast Facts

  • Right in the middle of the main shopping district of the up and coming area of Bellevue
  • Co-Owner, Dave, also owns the property
  • Projected Net Operating Income of $140,000 in their first year
  • Building plans already approved by the city
  • Business model designed for expansion both in current location and scalable to others
  • 8.5% interest rate for investors with additional investor perks
  • Choice for type of resturant was made by the people of Bellevue


The Project

After significant work to date, the lights are in and the bathroom is done, but now they need equipment for the kitchen, barn doors to separate the restaurant from the bar, and garage doors for the face of the building.

The plan for the dining room is to have two 8x4 foot partial glass garage doors that come down on top of a wall partition. This partition is part of the facade of the building that will double as a table when the doors are open. Customers will be able to sit both inside and outside so they can enjoy the nice weather and their fresh, expertly crafted tacos at the same time. Naturally, the doors will close to allow for indoor seating during times of bad weather.


Floor Plan for 202 Hometown Tacos and the bar next door


Along with the garage style doors, three sliding barn doors will be used to separate 202 Hometown Tacos from the bar that Dave and Marc are also putting in next door. Customers will be able to flow freely between the two locations but the barn doors will allow for a more flexible space if one side needs to be closed for a private event.



Inspiration images similar to the plan for the garage doors



Inspiration images for what the sliding doors might look like: the asthetic from the barn door with the hanging style of the grey


For the kitchen, 202 Hometown Tacos needs a 48” gas range stovetop with 8 burners with a convection oven and storage base along with a separate flat top grill to keep up with expected demand. For compliance and safety, an 8-foot hood system with exhaust fans and fire suppression will also be installed.



Potential gas stovetop and flat top grill


Tier 1

$15,000 Total

8' hood system with make-up air with exhaust fans and fire suppression system for 8 foot hood (plus installation)

This is required safety equipment in all commercial kitchens that use an open flame.

Tier 2

$8,000 Total

Two 8' x 4' partial, glass overhead garage doors

This will allow for indoor/outdoor seating and encourage a connection to the community. These doors will allow for year-round operations.

Tier 3

$9,000 Total

Three sliding barn doors

These will serve as the doors between the bar and the restaurant that will be space saving and allow for flexible use of each space while being aesthetically pleasing.

Tier 4

$4,000 Total

48" gas range, convection oven with 8 burners and a 12' storage base

This range will serve as the primary cooking surface.

Tier 5

$4,000 Total

36" gas flat top grill

This range will serve as the secondary cooking surface

$40,000 Total Total cost for Tier 1, Tier 2, Tier 3, Tier 4 and Tier 5 combined. 


Investor Perks

Early Bird Perk

First 20 investors will also receive a 202 Hometown Tacos limited edition t-shirt


Tacos for Two: Date night is on the house with two free tacos


Tacos for Two + an invitation to the private, soft opening


Invitation to the private, soft opening + free tacos for a month!*


Invitation to private, soft opening + free tacos for a year!**

All investors

202 Hometown Tacos t-shirt


*30 tacos total, can be used over the course of 1 year, limited to 5 an order

**365 tacos total, can be used over the course of 1 year, limited to 7 an order.


About The Team

Dave Caligiuri, a Pittsburgh native from Morningside, has been working since he was 16 and started his first business when he was 22. The trials of being an entrepreneur are not new to him. Never taking to the ‘9-5’ kind of life, he has flipped houses, started food trucks (412 Foods and Pittsburgh Potholes), managed sales and delivery for a bakery and invested in commercial property. This is the very same commercial property where 202 Hometown Tacos will call home!


Marc Seiavitch, another Pittsburgh native from Squirrel Hill, worked his way through college by working at the bars around Penn State University and over the summer holidays at the ones near home. He enjoyed everything about working at the bars and knew that someday he wanted to own one, but that dream went on the back burner while he got his Juris Doctorate from University of Detroit Mercy Law School. After practicing law with a focus on real estate for 5 years at Goldberg, Kamin & Garvin LLP, he realized it was the real estate part he truly enjoyed. So, he found a position as a commercial real estate advisor at SVN/TRCA. It was in this job that David and Marc first teamed up in the purchase of 407 Lincoln Ave.


Deal Summary


3BM LLC DBA 202 Hometown Tacos

Security Type

Secured Loan

Loan Purpose

Purchase of equipment, garage doors and barn doors

Offering Amount

$15,000 - $40,000

Interest Rate



Monthly, Disbursed to Investors Quarterly


60 months

Personal Guaranty

Yes, David Caligiuri and Marc Seiavitch (owners)

Security Interest

Yes, Lien on purchase of equipment


The Location

LIVE. WORSHIP. SHOP. These words can be seen while driving down Route 65 to Bellevue, PA. Small in geographic size, (1.12 sq. miles) Bellevue has been known as a tight-knit walking community with the main street, Lincoln Avenue, hosting several popular businesses such as Lincoln Bakery, Muddy Cup and Coffee House, and Good Love’n Cookies to name a few. In a sign of the energy in the neighborhood, two additional restaurants - Revival on Lincoln and Lincoln Ave Brewery - will also be opening their doors by the end of 2018.



As more and more people are attracted to the area's charm, prices of both residential and commercial businesses have been rising. Zillow estimates that real estate prices in Bellevue's zip code, 15202, have increased by more than 10% in the last 12 months alone.

In fact, it was all of these reasons that attracted co-owner and landlord, David, to the area. Dave originally purchased 405-409 Lincoln Ave. from the bank after a mortgage foreclosure and has since updated the building, filling the residential units on the second floor, leaving only two vacant retail storefronts on the first floor. It is here, in the middle of this up-and-coming commercial district, where 202 Hometown Tacos will soon open their doors.




Your Earnings Potential

If you choose to invest, you will make a one-time investment via ACH that will be transferred to a secure escrow account. Once the campaign successfully reaches its target, the funds will be distributed to 202 Hometown Tacos.

For more information on the mechanics of Honeycomb’s crowd investing platform, please review our Education Materials.

Investment Amount

One-Time Fee

Potential Quarterly Repayments*

Potential Total Repayment*

















*Individual payments may vary slightly based on rounding. Potential repayments include principal and interest, they do not include the one-time fee which is assessed when you make your investment. These amounts are calculated as a fully amortizing loan: principal and interest are paid down starting with the first payment. There are no prepayment penalties and 202 Hometown Tacos may pay down their loan early which may impact your earnings potential. Please note, returns are not guaranteed and investors could lose some or all of their investment.

Your ongoing responsibilities from investing are very limited. Each year over the life of the loan you will receive a 1099-INT, this is a simple tax document similar to what you receive for most savings accounts.

When 202 Hometown Tacos pays as agreed, you will receive quarterly payments directly into your bank account. In the event of a default, you will be contacted by the Administrative Agent to manage the collections process on investors' behalf.


How Honeycomb is Compensated

Honeycomb charges 202 Hometown Tacos a 4.0% loan origination fee if this campaign is successfully funded. Our origination fee is reduced and our posting fee is waived for 202 Hometown Tacos because they are an Early Adopter.

Additionally, to cover expenses associated with each investment, Honeycomb charges a 2.85% investment fee capped at $21.76 per investor.

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