Unique business - Price Drastically Reduced - Cryotherapy Spa

Essex County, MA

Seller Financing Available
Full-Body Cryochamber
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Asking Price: $75,000

Cash Flow: N/A

Gross Revenue: $76,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,500 /Month

Established: 2017

Unique business - Price Drastically Reduced - Cryotherapy Spa

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Business Description

Cryotherapy is recognized as one of the fastest growing segments within the active and healthy health and wellness industry. With benefits including recovery, anti-aging and overall wellness, the demand for cryotherapy is growing exponentially. Previously valued at $2.5 billion in 2015, the industry is forecasted to reach $5.6 billion by 2024. This is not a franchise operation so you can market, grow and expand as much as your skills and imagination allows. Experience in the fitness industry is a plus.

Income of $76,000 is with limited staffing and hours. Ample room for improvement

Detailed Information

Real Estate:
Leased
Building SF:
700
Lease Expiration:
2/15/2022
Employees:
2
Facilities:
Clean, welcoming, and modern state of the art cryotherapy and cryofacial facility. The spa is located in approximately 700 sq.ft. of a one-story building that was built out by the Seller. The lease has 3 years left with one 5-year option.
Competition:
There is no other cryotherapy facility located within a 5-mile radius of this location.
Growth & Expansion:
Major Markets •Beauty and Aging •Health and Wellness •Sports and Fitness •Cryofacials.
Financing:
To qualified buyer
Support & Training:
Provided as necessary
Reason for Selling:
Other business interests do not allow sufficient time for this one.
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Jeffrey Starfield

Business Listed By:
Jeffrey Starfield

Northeast Business Partners

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