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- RE: Turnkey Proactive Health And Wellness Studio
- Contact: Buyer Services
Quick Facts
Asking Price: | $400,000 | |
Annual Revenue: | $462,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 9 | |
BBN Listing #: | 942722 | |
Broker Reference #: | 2216019 |
Business Overview:
Get in on the ground floor of the health and wellness industry - a $450B industry with continued massive growth projected. Save 6 months of site selection and 6 months of buildout time. Just concluding the first full year in business, the hard part is done for you and you’ll get to focus on continued growth for the business. The franchisor is the leader in the health and wellness category. The brand boasts contrast therapy and uses the most advanced electric cryotherapy chambers in addition to saunas, red light therapy, and compression. Other high growth opportunities include medical services: IV Therapy, IM Injections, and Peptides for weight loss in addition to hyperbaric oxygen therapy. The brand also has a significant esthetics footprint with services such as facials and body contouring with continued new services being added. The brand's clients are looking for athletic recovery, alternatives to tackle chronic pain, improved energy levels, and proactive services to keep them healthy. The membership based business model provides a recurring revenue stream.
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Property Features and Assets:
This studio is situated on a busy corner in Center CIty with high residential density and significant pedestrian traffic.
Market Competition and Expansion:
There are competitors in the retail wellness space offering some of the services that this brand provides. However, no one has brought them all under one roof with the track record, technology stack, and experience that this brand has.
Current Development Costs in this market range from $1,000,000-$1,300,000. Seller also has the ability to release three additional territories in the Philadelphia market. Sales results in 2022 for studios open longer than 12 months: Average Gross Sales Volume: $962,095 Median Gross Sales Volume: $924, 376 Highest Gross Sales Volume: $2,314,011
Reason for Selling:
The owners are some of the most successful in the brand. However, they have not been able to focus on this location due to it be
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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