NOT DISCLOSED, Texas
| Asking Price |
$150,000 |
Year Established |
2018 |
|
| Annual Revenue |
$396,036 |
Reason for Selling |
Other business interests |
|
| Annual P/L |
$0 |
Attention |
Bobby Coffey |
|
| Annual Cash Flow |
$0 |
Listing Number |
996555 |
|
| # of Employees |
5 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
This franchise was originally founded in 2009 in Arizona, and this Houston location officially opened its doors in October 2018. The same owner has operated this location since its launch, after discovering the benefits of float therapy through a feature on ESPN that highlighted how professional athletes use it for recovery. As one of the first float spas in Houston, they started with a mission to introduce the community to the physical and mental health benefits of flotation therapy. Over the years, the business has steadily grown through community outreach, veteran partnerships (offering free monthly floats to veterans), and word-of-mouth from satisfied clients. We expanded our membership offerings, added promotional float events, and upgraded our systems to enhance the overall experience.
The current initial investment required to open a location is currently over $475k, and can go as high as $1M, depending on lease and location. This location spent in excess of $430k in 2018 to open and has an existing inventory of six pods that produce revenue (at an initial cost of $30k each). While not quite cash flow positive, this is a great opportunity for an owner in the health and wellness industry to add flotation therapy to their services, while providing other allowable vertical revenue streams, in a great location, fully built out, at a substantial discount.
This opportunity requires a cash buyer. Sellers may consider some portion of seller financing for a qualified applicant.
Property Features and Assets:
Market Competition and Expansion:
<p>The business reports no major direct competitors within its immediate market area, benefiting from being one of the first float spas to operate in the region. This early market entry has allowed it to establish a strong brand presence and build a loyal client base before similar services became more common. Its affiliation with a nationally recognized franchise further enhances its competitive position by providing brand credibility, standardized operational systems, and marketing support that independent operators may lack. The combination of niche service specialization, franchise resources, and established community relationships positions the business to maintain a strong foothold against potential new entrants in the local wellness market.</p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity