Fat & Weight Loss Spa

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Asking Price:
$250,000

Gross Revenue:
$303,772
Cash Flow:
$126,270
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
not included in asking price

FF&E:
$4,000
included in asking price

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Business Description

Great opportunity to own a non-invasive therapy business specializing in pain management, beauty and wellness, athletic recovery, and overall health through a practice called cryotherapy. The Montgomery County, Maryland based studio utilizes 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 under three years, the business is consistent and 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 business has seen impressive year over year revenue and cash flow growth since its founding with no signs of slowing down. In addition to this studio, the owner also has two other locations 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 the business. This presents a phenomenal opportunity for the next owner to take over a growing business with limited competition in an affluent suburban Maryland market. There is ample room for growth and expansion, so don’t miss out and contact us today to learn more!

About the Business

Location:
Rockville, Maryland
Year Established:
2016
Number of Employees:
7
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
200
Rent:
$2,840.00 Per Month
Facilities:
The business occupies a private 200 sq ft suite inside of an upscale shared salon concept for approx. $2,840/mo.
Market Outlook/
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.
Growth & Expansion:
There is lots of 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 owner has two other locations in the MD area (serving different markets) inside a private salon suite so the model is scalable with very low overhead.
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About the Sale

Reason For Selling:
The seller started a new executive position for another company.
Training/Support:
The seller will provide necessary training and support.
Seller Financing:
The owner is open to providing some seller financing.

Listing Info

ID:
1618689
Ad Detail Views:
0

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Business Listed by

Dustin Zeher, CBI

Horizon Business Brokers, LLC

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U.S. Census Data for Montgomery County, MD
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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