Profitable and Growing Whole Body Cryotherapy Business in Austin, TX

Austin, TX (Travis County)

Profitable and Growing Whole Body Cryotherapy Business in Austin, TX
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Asking Price: $130,000

Cash Flow: N/A

Gross Revenue: $120,000

EBITDA: N/A

FF&E: $110,000

Inventory: N/A

Rent: $2,200 /Month

Established: 2017

Profitable and Growing Whole Body Cryotherapy Business in Austin, TX

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Business Description

Great opportunity to purchase a well-established, profitable and growing cryotherapy spa for chronic pain management, holistic wellness and athletic performance. Located in a great area in Austin, TX, this spa boasts of having a significant number of registered clients, some even referred by medical practitioners. The spa offers whole body cryotherapy, infrared sauna, compression therapy and hyperbaric oxygen therapy. The benefits that clients receive from these therapies have them coming back for more on a regular basis. In a single three-minute cryo session, clients experience a reduction in stress, anxiety, depression, and even addiction. With the other treatment modalities, clients can achieve immediate pain mitigation, a reduction in inflammation, body detoxification, an enhancement of the body’s natural healing process, as well as an improvement in performance and reduction in recovery time. The business’ below market lease in an attractive Austin area contributes to its low overhead. Although the business is currently profitable, for the right buyer, it offers the potential for expansion and greater growth through the addition of complementary therapies and a well-executed loyalty program. Listed for $130,000, it’s an exceptional opportunity that comes with a built-in growth potential.

Detailed Information

Location:
Austin, TX
Real Estate:
Leased
Building SF:
1,050
Lease Expiration:
6/30/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Below market lease rate in a booming area adjacent to anchored shopping centers. Located at intersection that sees over 10,000 cars per day with easy parking. Equipment includes Titan CryoChamber, Sunlighten, Infrared Sauna, 2-person Hyperbaric Chamber, and Normatec compression therapy unit. Also includes computers, point of sale terminal, massage room, and changing area.
Competition:
Led by cryotherapy, the health and wellness industry is projected to be $2.7B by 2022. Austin is one of the top health & wellness-aware cities in the US; this Cryotherapy business is well located and positioned.
Growth & Expansion:
Room for expansion by adding additional services like Drip therapy, Massage, Cryo Slimming
Support & Training:
Fully trained staff in place. Owner will train for a minimum 1 month. Factory training is also available.
Reason for Selling:
Business partner moved out of the state.
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(from currently available funds)
 
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Juan Cabezas

Business Listed By:
Juan Cabezas

Vendere Advisors

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Sponsoring Broker:
Kevin Paulsen

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