MergerPlace

Fat & Weight Loss Spa

Maryland


  • Asking Price: $375,000
  • Gross Income: $526,071
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $24,000
  • Listing ID: #213423
  • Established: 2016
  • Employees: 12

Business Description

Great opportunity to own a non-invasive therapy business in two prime locations specializing in pain management, beauty and wellness, athletic recovery, and overall health through a practice called cryotherapy. The studios are located in Rockville and Annapolis, Maryland and utilize Whole Body Cryotherapy (WBC) to help clients achieve their desired results for a variety of ailments and issues. In addition to cryotherapy, there are also related services including celluma, infrared sauna, and Cyroskin slimming and toning treatments. This combination of therapeutic techniques offered by the studio allows the body to kick-start its own natural physiological processes for reducing inflammation and promoting healing.

In just a few years, both locations are profitable with excellent potential for continued exponential growth. Although whole body cryotherapy has been used for relief, recovery, and rejuvenation for decades, a significant number of clients are experiencing cryotherapy for the very first time when they visit the studio. The staff and team pride themselves in taking the time to listen, educate, and walk each customer through their session and recommend treatments tailored to each client needs. The end goal since day one has been to provide the best whole body cryotherapy experience for all individuals looking for holistic wellness and recovery alternatives.

The locations has seen impressive revenue and cash flow growth since the start with no signs of slowing down. The owner has three locations in total serving different markets and is seeking to divest as they recently accepted an executive job offer which will limit the time they can dedicate to all three locations. This presents a phenomenal opportunity for the next owner to take over a growing business with limited competition in prime Maryland markets. There is ample room for growth and expansion, so don’t miss out and contact us today to learn more!


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: Maryland

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 12

Financial Information

Asking Price: $375,000
Gross Revenue: $526,071
FF&E: $24,000
Inventory: $4,000
Seller Financing Available: Yes

Property Information

Facilities:

Rockville: The business occupies a private 200 sq ft suite inside of an upscale shared salon concept for approx. $2,840/mo. Annapolis: The business occupies a private 200 sq ft suite inside of an upscale shared salon concept for approx. $1,875/mo. Both locations offer free 2 hour parking for guests.

Growth & expansion opportunities:

There is ample opportunity for growth as a new owner could lease additional private rooms in the current shared salon concept or move from the current location into their own facility allowing them to have more rooms and service providers to grow. The current owner actually has three locations in the Maryland area (serving different markets) inside a private salon suite so the model is scalable with very low overhead.

Competition:

There is very limited competition as the industry is just gaining awareness. Currently there is only one other cryotherapy business within 10 mile radius of business.

Reason for selling:

The owner started a new executive position for another company.

Support & Training:

The seller will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC