Get in on the ground floor of the health and wellness industry - a $450B industry with continued massive growth projected. Save 6 months of site selection and 6 months of buildout time. Just concluding the first full year in business, the hard part is done for you and you’ll get to focus on continued growth for the business. The 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:
- $400,000
- Sales Revenue:
- $462,000
- Cash Flow:
- $1
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$10,967 per annum
- Premises Details:
-
This studio is situated on a busy corner in Center CIty with high residential density and significant pedestrian traffic.
- Size in square feet:
- 2,800
Business Operation
- Expansion Potential:
-
Current Development Costs in this market range from $1,000,000-$1,300,000. Seller also has the ability to release three additional territories in the Philadelphia market.
Sales results in 2022 for studios open longer than 12 months:
Average Gross Sales Volume: $962,095
Median Gross Sales Volume: $924, 376
Highest Gross Sales Volume: $2,314,011
- Competition / Market:
-
There are competitors in the retail wellness space offering some of the services that this brand provides. However, no one has brought them all under one roof with the track record, technology stack, and experience that this brand has.
- Reasons for selling:
-
The owners are some of the most successful in the brand. However, they have not been able to focus on this location due to it being outside of their existing market. The owners have the rights to other locations within the City that a buyer would be able to develop.
- Employees:
- 9
- Years established:
- 2
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.
● Existing owner would be willing to assist in any training and provide support to help a new owner continue to grow.
- Inventory / Stock value:
- $15,000
