Wellness For Humanity

Wellness For Humanity

Health Services

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Security Type
Revenue Sharing
Min Investment
$100
Location
Atlanta, GA
Offering Date
September 15, 2020
Expected Close Date
October 28, 2020
Target Raise
$50.00K-$100.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $135. They will owe you this amount by 1/1/2022, regardless of revenue.

Company Description

Wellness For Humanity was established in March 2020 in direct response to the Covid-19 pandemic.  A group of social entrepreneurs with medical backgrounds and healthcare experience, with access to CLIA high complexity labs and FDA authorized Covid-19 tests, pivoted from their existing bio-hacking enterprises to create a needed solution. 

Our number one mission at Wellness For Humanity is to get the American economy and businesses up and running again – in person, not virtually. We believe consistent antibody testing and PCR testing, as needed, can help corporations keep their employees safe and ready to return to work. We know time is money and worrying about potential staff outbreaks, lag time waiting on results, or paying exorbitant employee Paid Time Off can take a toll on many businesses.  Wellness for Humanity is here to bring America people back to normal- a new normal of living and working safely during a pandemic. It can be done and we are doing it.

Use of Proceeds

  • Expansion of single Covid-19 testing site: $94,000
  • Mainvest Compensation: $6,000

Management Team / Advisory Board Bios

Felippe Marques
Co-owner
Felippe is a graduate of the Georgia Institute of Technology (GA Tech) where he earned a Master’s Degree in Environmental Science.  After a 30 year career in the corporate environmental and energy efficiency industry in the Business Development arena, working with large Fortune 500 companies such as Coca-Cola, GE, and Hilton Worldwide, Felippe made the decision to become an entrepreneur as a multi-unit franchisee owner of F45 Training, a global group fitness franchise, with his long term business partner, Greg Chickneas.  Within 6 months, Felippe and Greg’s F45 Buckhead Atlanta studio became the highest grossing F45 studio in the world out of a portfolio of over 1700. When Covid-19 hit in March 2020, group fitness was not the optimal business to be in.  Felippe and Greg were required to mandatorily close their F45 studios and after opening 60 days later, membership and revenue dropped significantly due to fear and spacing requirements.  While still owning and operating F45 studios, Felippe and Greg were introduced to Wellness For Humanity (W4H) by one of their investors and immediately saw the potential to help the community nationally on a large scale and appreciated the business model.  Felippe’s role at Wellness for Humanity is primarily national corporate account business development, sales and management, as well as financing and fundraising.  Felippe manages and focuses on the larger corporate accounts with 1000 plus employees and locations in multiple states.  His clients are large corporations, hospitals, schools and school districts and large event management companies.  His focus is on accelerating large scale testing for large accounts to get Americans back to work, school  and life -  in person, not virtually - so that the new normal is manageable through testing and technology.

Greg Chickneas
Co-owner
Greg Chickneas brings over 15 years professional experience in business, construction project management and energy efficiency solutions.  Greg was the national director of lighting for Gexpro, a subsidiary of GE, with over 100 sales teams under him globally and thousands of suppliers trying to push their products into large scale distribution.  He also is a serial entrepreneur.  He started his first business while in college, a highly successful e-commerce automotive aftermarket parts company targeting Nissan vehicle owners.  He grew the gross sales to over $5MM in less than 5 years and then joined the corporate world with Felippe at GE.  In 2016, Greg and Felippe left the corporate world together to start their first entrepreneurial endeavor of many with F45 Training, as franchisees, and became immediately successful, establishing their first F45 studio as the highest grossing F45 studio in the world within 6 months.  While still owning and operating F45 studios, Felippe and Greg were introduced to Wellness For Humanity (W4H) by one of their investors and immediately saw the potential to help the community nationally on a large scale and appreciated the business model.  Greg’s role at Wellness for Humanity is primarily operations and management.  Greg is responsible for opening and managing Wellness For Humanity locations and implementing a playbook that includes everything from staff sourcing, product pricing, marketing, accounting, employee management, supply management and overall daily management operations of our first W4H Buckhead Atlanta wellness clinic and all expansion centers to come. He is an exceptional operator who always brings impressive results.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $135. They will owe you this amount by 1/1/2022, regardless of revenue.

Amount Raised : $5,100
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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