Business For Sale

Health Spa Related Opportunity w/Niche Concept!

Pasadena, CA
Los Angeles County


Asking Price: Annual Revenue:
$499,000 $838,675

Services: Hair, Nails, Spas, Tanning


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RE: Health Spa Related Opportunity w/Niche Concept! Broker: Ryan Clark

Quick Facts

Asking Price: $499,000
Annual Revenue: $838,675
Net Profit: Not Disclosed
Cash Flow: $140,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 15
BBN Listing #: 53724929
Broker Reference #: PastSea

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Business Overview:

This venue is the world’s largest float therapy (sensory deprivation) tank facility. The company is the industry leader in a rapidly growing industry that is only in its infancy and has seen over 345% growth between 2014 - 2017. It boasts a significant first mover advantage due to the challenges associated with opening such a business. It is the industry leader and continues to grow as new adopters experience the therapy’s benefits and spread the word about the therapy’s remarkable results.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This 4,400 square foot facility leases for $8,145 per month on a lease until 12/22/2014 with one 10 year option. The enterprise has significant infrastructure that includes 11 tanks. Total investment to date is estimated in the $1.2 - $1.5 ml range. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale.

Market Competition and Expansion:

Because the benefits of this nascent industry treatment are only beginning to be realized, yet the infrastructure cost remains high, significant barriers to entry exist. As a result, competition is deemed to be low and is likely to remain low. Professional athletes in baseball, baseball and football, as well as entire teams, are starting to use this treatment for recovery. New management will wish to continue to promote this health spa related treatment’s benefits to continue to gain early adopters who continue to bolster the client base. The fairly new enterprise has achieved remarkable year over year growth. In addition to launching an awareness-oriented marketing campaign to area residents and those who travel to receive treatments, new owners will likely ultimately capitalize on the best practices learned and open new locations, or evaluate licensing the name, concept or just the equipment or even franchising the company’s best practices and unique knowledge base.

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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