Turnkey Float & Cryotherapy Spa

Business Overview:

Turnkey Wellness Center Opportunity offering Float, Cryotherapy,and more! Established several years ago. This business is being offered at a“Cost of Entry” valuation discount. Businesses of this nature generally cost upwards of $400K in startup costs. If you've ever wanted your own Spa or Wellness Center, this is your opportunity to get in at a great price.

The space has room to accommodate an expansion of services.Bring your ideas, Salon, Acupuncture, Reflexology, Massage, etc. Comes with an established, broad customer list and active customer base.

The 1,900 square feet space has 3 float tanks, a full cryotherapy chamber, localized cryotherapy options, an infrared sauna bed, and more. The current owners are looking to focus on other businesses, careers, and family.And are looking to facilitate the right buyer.

The business is located in a high-traffic strip center with daily traffic of 28,500 vehicles. The lease is in place until late 2025 and has a 5-year Extension Option. The entire space has been renovated. The business has undergone a top-to-bottom refresh, including new services, website updating, and operating procedures. This is your chance to join the4-billion-dollar wellness industry!

Financials shown are for a full-time owner-operator.

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Property Features and Assets:

Fully built out space with extensive custom plumbing to accommodate the unique equipment. The 1,900 square foot facility has room to expand service offerings. It is located in a high-traffic strip center with a daily traffic of 28,500 vehicles. Lease runs through 2025 with 5 year option. 

Assets = $199,000

Market Competition and Expansion:

There has been a continually growing shift into wellness and health space recently. Float therapy, Cryotherapy, and Infrared Saunas have all seen growth in popularity and demand. Currently the local market has competition for individual modalities. This opportunity is the rare one-stop shop that can accommodate all customer needs in one location. 

The business has the capacity to increase sales & revenue with just a small increase in overhead costs. The facility has an extra room that is not currently being utilized. A code change eliminated one of their services in 2022, causing this vacancy.
A new owner could immediately make an impact with a fresh marketing campaign. In addition to traditional forms of advertising. A new owner can network & partner with other businesses in the health & wellness space.

Reason for Selling:

This semi-absentee owner looks to focus on their current career.

Additional Details:

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