THERMALUNA
Confidential Investor Presentation
🔒 Confidentiality & Non-Disclosure
This presentation and all information within it are the property of Thermaluna Wellness Inc. and are provided to the named recipient in strict confidence, for the sole purpose of evaluating a potential investment.

By entering, you agree that you will not reproduce, distribute, forward, screenshot, or share any part of this material with any third party without the prior written permission of the Company. You agree to treat all figures, projections, strategy, and identities disclosed herein as confidential and proprietary.

This document does not constitute an offer to sell or a solicitation of an offer to buy securities. All financial figures are estimates, may be preliminary, and are subject to change. Nothing herein is investment, legal, or tax advice.
Thermaluna Wellness Inc.  ·  Vancouver, BC
THERMALUNA
01 / 22
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Wellness Investment Fund  ·  British Columbia

Where heat
meets the moon.

Thermaluna is a fully integrated hospitality and wellness platform — modular, container-based retreats built around the ancient ritual of cycling between hot and cold.

Sauna · Cold PlungePilates · Yoga · BreathworkCommunity & Events

Vision

A unique opportunity to invest in the growing wellness industry — scaling a proven model across British Columbia.

The Fund supports the expansion of community-based wellness facilities and exclusive retreats, leveraging the success and experience gained from our flagship location at 2966 West 4th Avenue, Kitsilano.

The Concept

Thermaluna

Healing through cycling between hot and cold — allowing the body to recover, reset, and restore.

  • Thermal — for heat.
  • Luna — for the moon, and the cyclic nature of life.
  • A lunar eclipse represents the polarity of heat and cold; the moon in a triangle symbolizes balance and transformation.
Cycle
Heat · Cold · Rest
🔥Sauna
❄️Cold Plunge
🧘Pilates / Rest
The Ritual

A powerful sensory cleansing cycle.

Guests move between the sauna, the ice bath, and mindful movement — a scientifically-backed rhythm proven to reduce stress, sharpen focus, and speed recovery.

🔥
Heat — sauna & infrared
❄️
Cold — ice bath
Breath & movement
Business Description

A state-of-the-art holistic wellness facility.

🔥

Sauna

Improves cardiovascular function and lowers systemic blood pressure.

❄️

Ice Baths

Eases sore muscles, supports the nervous system, and improves sleep.

🧘

Pilates

Builds core strength, mobility, balance and injury resilience.

Infrared Yoga

In the dark, in immersive music, in infrared heat — fully present.

Breathwork

Scientifically-backed classes for enhanced well-being.

Social Café

Relax, network and recharge — juices & healthy food by Glory Juice.

🎵

Event Lounge

Concerts, lectures and workshops for a wellness community.

📦

Modular Build

Container-based design — sustainable, striking, first of its kind in Vancouver.

Inside Thermaluna

The space, rendered real.

The Opportunity

A wellness economy at record scale.

Global wellness market, 2023
North America wellness tourism
Canada spa revenue
Wellness tourism growth
  • Canada is the 8th largest wellness real estate market globally.
  • Nordic spas peak on weekends — rising demand for outdoor and social wellness.
  • An aging population and mainstream adoption are structural, long-term drivers.

Sources: Global Wellness Institute market data cited in the Thermaluna business plan (2023 figures). Market data is third-party and provided for context only.

Pain Points

Modern life is disconnected.

Thermaluna is a passion project created by personally-involved co-founders — but it addresses community factors far beyond them.

👪 Fading community

Decline in religion and healthy, uplifting communities.

🧠 Mental health & substance abuse

Rising strain, with few alcohol-free social alternatives.

😕 Loneliness & stress

Increasing isolation with limited holistic outlets.

💊 Over-medication

Reliance on medication in place of holistic solutions.

Reception
Accessible urban retreatsWellness woven into daily city life
The Solution

A holistic answer, in the heart of the city.

🔥

The cycle

Sauna, ice bath and Pilates in one cleansing ritual.

🔬

Science-backed

Modalities proven to reduce stress and improve well-being.

🤝

Community hub

Social lounge and curated live events.

🏚

Accessible

A daily retreat, not a distant escape.

Flagship exterior
2966 West 4th AvenueKitsilano · Vancouver, BC
Flagship Location

Proven in Kitsilano.

Our flagship sits in one of Vancouver's most affluent, wellness-forward neighbourhoods — the modular, container-based model the Fund now scales.

8,024
Sq ft lot · Kitsilano
8
Shipping containers · 6×40' + 2×20'
9.5 m²
Therapeutic pool on site
1:12
Wheelchair-accessible ramps
Aerial
Modular container architecture
Design & Engineering

Designed, engineered & replicable.

  Architectural design   Structural   Electrical   Mechanical   Prefab & replicable   Ready for permit · Kitsilano
Floor planFloor Plan
Site planSite Plan
Exterior elevationsElevations
Building sectionsSections
Roof planRoof Plan

A complete, prefabricated design for 2966 West 4th Avenue — modular container construction with rooftop deck, therapeutic pool, coffee/juice bar and accessible ramps. Architecture plus structural, electrical and mechanical engineering are done and coordinated; Kitsilano is ready to submit for permit. Because the build is prefab, the same blueprint replicates across every future location.

The Expansion

Build once. Replicate across BC.

Our prefab, container‑based blueprint lets us drop the same proven Thermaluna into premier British Columbia destinations — each a Nordic‑spa retreat for overnight and day guests. This $2M tranche funds the rollout.

Vancouver Kitsilano

Vancouver · Kitsilano

Flagship · opening Summer 2026

2966 W 4th — the proven model, ready to submit for permit.

Coquitlam

Coquitlam

Site selection underway

Urban & natural harmony with SkyTrain access; working with the city's economic development team.

Squamish

Squamish

Pipeline

"Outdoor Recreation Capital of Canada" — the Stawamus Chief, climbing, biking, breweries.

Harrison Hot Springs

Harrison Hot Springs

Pipeline

Natural hot springs and Harrison Lake — a wellness destination by nature.

Courtenay

Courtenay

Pipeline

Vancouver Island — lush forests, scenic trails and Mount Washington nearby.

5
Premier BC locations planned

Locations are subject to change based on market analysis. Coquitlam, Courtenay, Harrison Hot Springs and Squamish are planned expansion sites; timing depends on capital, permitting and site acquisition.

Momentum

Demand and support, already in motion.

Website contacts who visited The Marketplace Kitsilano

🏛️ Government support

Letter of Support from David Eby, MLA for Vancouver–Point Grey — May 22, 2025.

🔬 Research partnership

Partnering with health researchers to study the mental, physical & social benefits.

Community
The Marketplace, KitsilanoBuilding community in person
The Founders

Personally invested — literally.

Milad Mehrabi

Milad Mehrabi

Co-founder · CEO

Former pro soccer athlete and UBC All-Canadian; certified in kinesiology, focused on rehabilitation and recovery.

Tita Cool

Tita Cool

Co-founder · CDO

Specialist in land acquisition, design and sales, creating spaces that foster community and well-being.

Ali Zare

Ali Zare

Co-founder · CFO

14 years building and managing a family business hands-on; wellness is a personal way of life.

Bobby Sidhu

Bobby Sidhu

Co-founder · COO

M.D. in family medicine and diabetes management; certified life coach in CBT and mindfulness.

Products & Merchandise

A brand you can take home.

Every guest is a retail customer. Thermaluna‑branded goods turn the experience into high‑margin retail at every location — sold in‑studio and online, with global potential given the name and logo.

Thermaluna apparel
Thermaluna apparelFront wordmark & back logo — eco‑friendly, branded
👕

Apparel

Eco‑friendly hoodies, tees & wellness wear.

🧼

Oils & aromatherapy

Signature essential‑oil blends in reusable glass bottles.

🧘

Yoga mats & blocks

Thermaluna‑branded mats, blocks and props.

🥢

Cushions & sauna hats

Meditation cushions and wool sauna hats.

🩰

Skincare line

Post‑sauna & cold‑plunge masks and balms.

Digital & café

Apps, online classes and café retail.

Unit Economics

Recurring revenue by design.

A tiered membership model across every modality drives predictable monthly recurring revenue, layered on top of drop-ins, retail and events.

$40
Sauna / ice-bath session
$45
Pilates class
MembershipCadencePrice
Sauna & Cold PlungeUnlimited monthly$189
Sauna & Cold Plunge12× / month$420
Yoga & BreathworkUnlimited monthly$189
PilatesUnlimited monthly$399
Intro (all)First-time special$50–$99
Target Market

Who walks through the door.

Neighbourhood localsMid & upper classWellness enthusiasts Busy professionalsAthletesInjury recovery Corporate groupsAll agesAll genders
Demand Benchmark

A comparable operator's booking curve.

A comparable Vancouver cold-plunge operator, at $40 per session, grew weekly bookings sharply through 2022 — evidence of category demand.

538 / wk
Jan–Feb 2022$86K/mo
1,057 / wk
Apr 2022$169K/mo
1,681 / wk
Nov–Dec 2022$269K/mo

Figures describe a third-party comparable operator as presented in the Thermaluna business plan, shown as an indicator of market demand — they are not Thermaluna's own results and are not a guarantee of future performance.

Financial Model

Profitable from Year One.

Per location, the base‑case model (Scenario 1 — a conservative 60 sauna / 50 Pilates members per day) generates $148,750 in monthly revenue against $41,731 in monthly fixed costs — and the prefab model replicates it across every site.

  • ~1.0-year estimated build payback (base case).
  • 8% assumed annual membership growth, 19.7% blended tax rate.
  • $3.35M cumulative after-tax net over 3 years (base case).
Annual net income, after tax — base case
$1.03M
Year 1
$1.11M
Year 2
$1.20M
Year 3

Source: Thermaluna Financial Model (Scenario 1, conservative). An upside case (Scenario 2 — 100/90 members/day) models ~$6.64M cumulative after-tax net over 3 years. All figures are forward-looking projections, depend on assumptions that may not be realized, and are subject to change. Not a guarantee of returns.

The Offering

A $2,000,000 expansion raise.

1,000
Shares issued
Founder shares550 · 55.0%
Investor shares405 · 40.5%
SP shares45 · 4.5%
Price / investor share$4,938.27
Total investor capital$2,000,000

Price per investor share = $2,000,000 ÷ 405 shares = $4,938.27. Share structure and terms are subject to the Company's Articles and the definitive investment documents.

Year-3 Target · Personalized

Model your position.

Beginning in Year 3, the Company may repurchase investor shares at a target 1.50× multiple — a target price of $7,407.41 per share.

Select your investment (CAD)
Minimum $50,000 · up to $2,000,000
$
26.5
Investor shares
$75,000
Year-3 target · 1.5×
+$25,000
Target gain
Illustrative sensitivity 1.5× target · $75,000 2.0× · $100,000 3.0× · $150,000

Illustrative only. Shares = investment ÷ $4,938.27; target value = shares × $7,407.41. The Company's stated target is 1.5×; the 2.0× and 3.0× figures are illustrative sensitivities only — not targets, projections, or promises. The Year-3 repurchase is a target, not a commitment: timing and amounts depend on the Company's financial position and available funding, may occur in stages under a mutually agreed schedule, and may not occur. Not a guarantee of return.

Path to Launch

From permit to packed house.

Capital funds design, permitting and the modular build — then a phased ramp of clientele, programming and expansion.

Shareholder meeting every 6 months
Phase 0

Design & Development

Land, permits, tender drawings, construction budget approval.

1
Phase 1 · Launch

Sauna & Cold Plunge

Grand opening; build sauna and cold-plunge clientele.

2
Phase 2

Studio & Events

Add the yoga studio; begin live events and workshops.

3
Phase 3

Expansion

Tailored packages, expert collaborations, education series & outreach.

Participation & Reporting

Aligned, and kept informed.

$2M expansion capital

A $2,000,000 first tranche to roll out the proven Kitsilano model across British Columbia. Investor shares are repurchased at a target 1.5× beginning in Year 3 — up to $3,000,000 returned in total.

Secured by the next location

If the Company does not complete the buyback at term, investor units transfer into the Company's next location as continuing security until the investor is fully bought out.

Exit — from Year 3

The Company may repurchase some or all investor shares based on the agreed exit valuation and its financial position — via operating cash flow, refinancing, a future raise, or a strategic transaction. Partial repurchases may complete in stages.

Investor participation

Investor shareholders participate in applicable distributions and liquidity events in accordance with the rights attached to their shares and the definitive investment documents.

Annual investor briefing

Financial & operational performance
Business development progress
Major company milestones
Capital & expansion plans

Investor exit is targeted to begin in Year 3. The “transfer to next location” security and all repurchase terms are indicative and subject to the Company's Articles and the definitive investment documents (final legal terms to be confirmed with counsel). Repurchase timing and amounts depend on the Company's financial position and available funding. Current estimates are preliminary and subject to change.

How to Invest

Three steps to join the journey.

1

Choose your investment

Select your amount (minimum $50,000) and register your interest right here on the deck.

2

Review & sign

We send you the Subscription Agreement and definitive investment documents to review and sign.

3

Fund & join

Transfer your investment using the details provided with the agreement, receive your shares — and you're officially part of Thermaluna. 🌙

Funding instructions are provided together with the Subscription Agreement. Any investment is subject to the definitive investment documents and the Company's Articles.

Join the cycle.

Register your interest and a founder will follow up personally with the definitive investment documents.

Thermaluna Wellness Inc. · Vancouver, BC · Strictly Confidential