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Cryotherapy Business for Sale at a Great Location!

Tyler, TX (Smith County)

Seller Financing Available
Cryotherapy
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Asking Price: $80,000

Cash Flow: $23,685

Gross Revenue: $118,320

EBITDA: N/A

FF&E: $110,000

Inventory: N/A

Rent: $1,860 /Month

Established: 2016

Cryotherapy Business for Sale at a Great Location!

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Business Description

Whether you are an athlete who needs to recover from a sports injury, someone with arthritis or chronic pain, or just want a mental and physical regeneration, we are here for you. Whole Body Cryotherapy has been gaining recognition in the United States for the last few years, but Impact Cryotherapy has taken it to the next level. With the Impact Cryotherapy Sauna we can replicate your treatment every time, giving you the exact treatment as the time before.

Detailed Information

Location:
Tyler, TX
Real Estate:
Leased
Building SF:
1,242
Lease Expiration:
11/30/2021
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Cryotherapy business is experiencing rapid growth and the market segment is largely driven by independent clinics with estimated 64% of the market while the remaining 36% is divided between Chiropractic Medicine and Physical Therapy companies. With the populace seeking alternative treatment for injury recovery, rehabilitation, sports medicine, weight loss, and general health and wellness there is a high demand for Cryotherapy treatment centers. Cryotherapy business is booming and over the next 8-10 years it is expected to take 8-11 % market share of what will be a multi trillion dollar Health and Wellness industry by year 2022. Cryotherapy businesses are expected to produce huge ROI over this time of growth.
Growth & Expansion:
The global cryotherapy market was valued at USD 2.5 billion in 2015 and is expected to reach a value of USD 5.6 billion by 2024. This growth is majorly attributed to the rising demand for minimally invasive procedures and the surging prevalence of skin, retinoblastoma, prostate, and cervical cancer, and others. Minimally invasive cryosurgery provides various advantages over conventional surgery such as less pain, fewer scars and complications, and shorter hospital stay.
Financing:
$30,000
Support & Training:
2 weeks
Reason for Selling:
Retiring
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Mohammed Khan

Business Listed By:
Mohammed W. Khan

Transworld Business Advisors

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Sponsoring Broker:
Saleem Marwat, MBA

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