Multi Unit Float Spa in High Traffic Area

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Established Float Spa with 2 locations
Asking Price:
$1,495,000

Gross Revenue:
$3,450,000
Cash Flow:
$435,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$30,000
included in asking price

FF&E:
$350,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Float Spas for Sale (2 locations in Columbus)

Young thriving (package deal)2 profitable up and running Float Spas for sale. Part of a franchise, with 2 open spas in Columbus. OH. Profitable in the first year. Experienced sales team, staff, and Managers operate business. Inventory, Pods and Luxurious "Ritz Carlton like" Build out included. Be a part of the future by owning a hip new business! We have done the hard work, now you will get the fun part of watching the business grow and take off even more! In 2015 we opened our first location and ended the year in green. In 2016 we opened our 2nd location and again ended the year in Green. First full year of both spas opened we did 1.2 million in total gross sales in 2017. On track in 2018 to hit 1.50 million. Consistent Clientele with over 800 members + members combined and over 1,000 customers a month.

About the Business

Year Established:
2014
Number of Employees:
18
Relocatable:
Yes
Franchise:
Yes
Facilities:
Both spas are leased and in great foot traffic area. Powell is near the park and next to an ice cream shop. Easton receives over 22 million people visiting a year.
Website:
www.truerest.com
Market Outlook/
Competition:
We have the market saturated, we are the only type of spas in Central Ohio with no competition. Lots of growth here with products, retail, supplements and business relationships. Currently work with the major sports leagues in the city.
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About the Sale

Reason For Selling:
Retiring and moving out of state
Training/Support:
Franchisor has corporate staff and corporate intranet tools to run business for you. We would be willing to stay on as a consultant for a fee up to 90 days.
Gross Revenue
Comments:
since conception

Listing Info

Keywords:
Spa, Float Pod, True REST, Float Spa, Therapy, Franchise, Health, Trendy, Relaxation, Water, Salt, Epsom, Float Therapy, Columbus, Powell, Easton, Established, Profitable, Fun,
ID:
1407029
Ad Detail Views:
117

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U.S. Census Data for Delaware and Franklin Counties, OH
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Delaware and Franklin Counties, OH
Income

Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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