**WELLNESS WEKENDS LLC - REQUESTED SHARE**
**CAPITAL RAISE**
Wellness Weekends LLC is seeking $1,350,000 in new investment capital. There will be two fundraising rounds.
Round #1 Raise = $350,000 Ongoing till August 31, 2023
We are selling equity for .80 cents per unit valuing the company at $3.56 pre-money. There are 350,000 shares membership units available at this price. Post-raise, this represents 10.94% equity position in the company. The minimum investment for this round is $50,000 and the max is $350,000.
Round #2 Raise = $1,000,000 Sept. 1 – Dec. 31, 2023
In Capital Raise Round #2, we will increase the share price by 20 cents to $1 per unit to reflect the gain in value from the acquisitions made possible by Round #1. We are offering 1,000,000 units at this price for a total raise of $1,000,000.
**USES OF CAPITAL**
The first raise of $350,000 will be used to acquire 100% of Hawaii-based Bliss Island LLC and an asset purchase of Florida-based Bliss Champions LLC. It will also fund the acquisition of all the wellness equipment mentioned earlier. The company roll-ups will cement our corporate structure, lock in all of the key team players, and buy the content and equipment we need.
The second raise of $1,000,000 will be used for new construction and renovation, to easily convert the property into a wellness center. Construction of our new resort-style pool and pool house will begin in November (see rendering above) and be completed by the end of March. Renovation of our hotel rooms and repainting portions of the house will also occur with these funds too.
We will utilize the last $200,000 of this capital for the first 6-months of overhead burn from Sept. 2023 thru March 2023. We plan to begin marketing our offerings starting in Q4 of this year with a ramp up in Q1 of 2024. If all goes well, we will have our first guests in April of 2024 after the completion of our pool & pool house.
Chef Joseph doing his thing!
