Kansas City Wellness Club
Health & Beauty Service
Overview
Raised: $3,900
Total Commitments ($USD)
Platform
MainVest
Start Date
03/07/2023
Close Date
06/05/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
2.60%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
06/05/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$44
# of Investors
10
Momentum
Not Funded
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Year Founded
2019
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Kansas City Wellness Club is raising funds on MainVest. It is an organic wellness center, spa, salon, fitness center, and yoga and event space in Kansas City, Missouri. The business provides holistic natural solutions for preventive care and educates society on healthy and sustainable living. Kansas City Wellness Club has reported 18% monthly revenue growth and 1,038% year-over-year revenue growth from 2020 to 2022. Heath Wessling founded Kansas City Wellness Club in February 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for equipment upgrades, the new needs pilot group, and operating capital.
Summary Profit and Loss Statement
| FY 2021 | FY 2020 | |
|---|---|---|
|
Revenue |
$174,345 |
$42,942 |
|
COGS |
$3,625 |
$1,022 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-243,336 |
$-269,235 |
Summary Balance Sheet
| FY 2021 | FY 2020 | |
|---|---|---|
|
Cash |
$12,131 |
$34,758 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$63,672 |
$82,688 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$569,735 |
$352,000 |
|
Total Liabilities |
$569,735 |
$352,000 |
Financials as of: 03/07/2023
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