Turnkey Cold Plunge And Recovery Studio In Pasadena For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Long-term lease with a term running through 2035, recently renegotiated with the landlord. The new terms cut monthly occupancy costs by roughly 28%, a reduction of about $46,000 a year. Approximately 2,011 sq ft of ground-floor retail. Full lease terms, including monthly rent and escalations, are available to qualified buyers after signing an NDA. Assignment to a new owner is subject to landlord approval and standard tenant qualifications.

Leasehold Rent:

$96,000 per annum

Location:

Prime ground-floor retail on Colorado Boulevard in Pasadena, steps from Old Pasadena and next door to Urth Caffé, one of the highest-traffic cafés in the area. Strong daily foot traffic, excellent street visibility, and a surrounding customer base that is affluent, health-conscious, and highly educated. Easy access from the 210 and 134 freeways, with convenient parking nearby. The area draws residents, Caltech and Art Center students, professionals, and visitors from across the San Gabriel Valley.

Premises Details:

Approximately 2,011 sq ft ground-floor suite with a complete, high-end build-out, fully operational and ready for a new owner on day one. The space includes a cold plunge area, infrared sauna, red light therapy, compression and lymphatic drainage stations, private treatment room(s) for massage, a lounge and reception area, and a boutique wellness café with counter and equipment. There is over $350,000 invested in equipment, furniture, and leasehold improvements. The premises are leased under a long-term lease running through 2035 at a recently reduced rental rate. Assignment is subject to landlord approval.

Business Operation

Management type:

This business has absentee ownership.

Expansion Potential:

Significant upside for an owner-operator. Near-term levers include:

– Dedicated membership sales and local marketing
– Corporate wellness partnerships with nearby employers, Caltech, and medical offices
– Partnerships with gyms, run clubs, sports teams, and physical therapists
– Higher-margin add-on services such as IV therapy, assisted stretch, or body composition scans
– Expanded retail and café offerings

The brand, website, booking system, and marketing funnels are built to support a second location once this one is optimized.

Competition / Market:

Recovery and wellness is one of the fastest-growing categories in fitness. Pasadena has a mix of single-modality studios and franchise recovery concepts. This business sets itself apart by offering the full recovery stack under one roof: cold plunge, infrared sauna, red light, compression, lymphatic drainage, and massage, combined with a café, so members can do a complete session in one visit instead of going to several providers. Membership pricing is competitive with franchise alternatives, and there are no franchise fees or royalties, which gives an independent owner a meaningful margin advantage.

Reasons for selling:

The owners are multi-business investor-operators with other ventures that need their time, including an out-of-state base. This business has never had a dedicated full-time owner-operator on site. We're selling to someone who can give it the day-to-day focus it deserves. The build-out, brand, systems, and customer base are all in place. What's missing is an owner in the building every day.

Employees:

3

Years established:

7

Other Information

Support & training:

Will offer full support and training for up to 60 days

Furniture / Fixtures value:

$181,139 - included in the asking price

Website:

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