This franchisor is the leader in the health and wellness category. The brand boasts contrast therapy and uses the most advanced electric cryotherapy chambers in addition to saunas, red light therapy, and compression. Other high growth opportunities include medical services: IV Therapy, IM Injections, and Peptides for weight loss in addition to hyperbaric oxygen therapy. The brand also has a significant esthetics footprint with services such as facials and body contouring with continued new services being added. The brand's clients are looking for athletic recovery, alternatives to tackle chronic pain, improved energy levels, and proactive services to keep them healthy. The membership based business model provides a recurring revenue stream.
- Asking Price:
- $1,600,000 Furniture / Fixtures included
- Sales Revenue:
- $1,539,000
- Cash Flow:
- $369,000
Property Information
- Real Estate:
-
Lease
- Lease Rent:
- $13,000 per sq ft per annum
- Premises Details:
-
The studio faces the main highway. Studio has good exposure to walking traffic as it is by major shopping stores such as CVS and Ulta. Large parking lot to accommodate for a heavy flow of traffic.
- Size in square feet:
- 2,680
Business Operation
- Expansion Potential:
-
The Wellness industry is projected to grow by 8%+ annually. This brand is a leader in the space.
- Competition / Market:
-
- Wellness IV Infusion Therapy
- The DRIPBaR
- A lot of Mobile IV companies in Miami
- Cryotherapy not a lot of competition other than Physical Therapy or Mayo Clinic.
- Reasons for selling:
-
Company Unit Resale
- Employees:
- 11
- Years established:
- 5
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
-Training programs for owners, managers, nurses, estheticians and sales associates.
-Franchisor provides medical and telemedicine infrastructure that leverages technology.
-Franchisor conducts educational webinars for members
-Advanced point of sale system and equipment support.
-Ongoing brand and local marketing support.
-A dedicated franchise business coach.
-Monthly education calls for nursing and esthetics professionals, managers, and owners.
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- $15,000
