Santa Fe's Only Float Spa - Turnkey Wellness Business + Real Estate

Asking Price$499,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$380,000
Included in asking price
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Santa Fe's Only Float Spa - Turnkey Wellness Business + Real Estate


Asking Price$499,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$380,000
Included in asking price
Business Description
Rare opportunity to own Santa Fe's only float spa along with the commercial real estate it operates in. Grey Matter Float Spa is a fully operational, highly rated wellness center located at 539 Harkle Road, Suite A, in one of Santa Fe's most desirable professional corridors -- just minutes from downtown and adjacent to CHRISTUS St. Vincent Hospital.

The business offers float therapy, infrared sauna sessions, and a CBD boutique, serving a loyal and growing client base. The facility features four float tanks (including a couples float room), a Sunlighten infrared sauna, and a calming, spa-like atmosphere built to medical and wellness standards.

The 1,417 sq ft property has been fully renovated with approximately $300,000 in buildout improvements including: new roof, stucco, windows, HVAC, electrical panel, water heater, advanced dehumidification and filtration systems, antimicrobial flooring, and updated plumbing. The space includes five flexible-use treatment rooms and one updated bathroom with excellent parking and street access.

The sale includes all equipment, the established brand and business name, client database, professional website, online booking system, and all marketing assets. There is strong potential to expand into additional wellness services such as massage therapy, skincare, and corporate wellness programs.

This is a true turnkey opportunity ideal for wellness entrepreneurs, healthcare professionals, or investors looking for a lifestyle business with income in one of the most sought-after markets in the Southwest.
About the Business
Years in Operation
7
Employees
2 (1 Full-time, 1 Part-time)
Facilities & Assets
The facility is located at 539 Harkle Road, Suite A, Santa Fe, NM 87505 in a fully renovated 1,417 sq ft commercial space. The property features five treatment rooms plus one updated bathroom. Included assets: four float tanks (including a couples float room), a Sunlighten infrared sauna, advanced HVAC and dehumidification systems, antimicrobial flooring, updated plumbing designed for medical/wellness standards, new roof, stucco, windows, electrical panel, and water heater. The buildout alone cost approximately $300,000. Excellent parking and easy access from the St. Michael's corridor, adjacent to CHRISTUS St. Vincent Hospital.
Website
https://greymatterfloat.com
Market Outlook / Competition
Grey Matter is the only float spa in Santa Fe, giving it a unique competitive advantage in the wellness market. The float therapy and infrared sauna industry continues to grow as consumers prioritize mental health, stress relief, and holistic wellness. Santa Fe's tourism-driven economy and health-conscious population create strong year-round demand. The spa is highly rated on Yelp and Google with a loyal, recurring client base. Located near CHRISTUS St. Vincent Hospital and downtown, it benefits from high visibility and referral traffic.
Opportunities for Growth
Significant expansion opportunities include adding massage therapy, skincare, and other wellness services to the existing five treatment rooms. The CBD boutique component can be expanded. Membership and package programs can drive recurring revenue. Corporate wellness partnerships with nearby hospitals and businesses offer untapped potential. Enhanced digital marketing and SEO could increase bookings substantially. ClassPass and other platform integrations can broaden reach to tourists and locals alike.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
The owner is pursuing other business ventures and is ready to pass this turnkey
Transition Support
Seller will provide comprehensive training on all float tank operations including water chemistry, filtration systems (1 micron filter, UV light, ozone, and hydrogen peroxide), equipment maintenance, and the infrared sauna. Training on the booking system, client database management, marketing assets, and day-to-day business operations will also be included. Transition support available to ensure smooth handover of the loyal client base.
Financing Options
SBA loan eligible. Property and business included in asking price. Buyer may qualify
Listing Info
ID
2489908
Listing Views
39
Business Location

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Business Listed by: Leland Titus

Listing ID: 2489908 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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