Well Established Float Therapy Spa/$361K+ Rev/17K Customers/70 Members
Asking Price: | $315,000 |
Gross Revenue: | $361,465 |
Rent: | $8,600/Month |
Established Year: | 2016 |
Cash Flow: | $103,931 |
Inventory: | $500 |
EBITDA: | $103,751 |
Float Therapy Spa in the Heart of Nashville
Established in 2016, Float Horizen is a premier wellness center specializing in Floatation Therapy, located in the heart of Nashville. Established to provide a tranquil escape from the hustle and bustle of city life, Float Horizen offers a unique and therapeutic experience featuring state-of-the-art float rooms designed to promote relaxation, pain relief, mental clarity, better sleep, and overall well-being.
With a loyal clientele and a growing interest in holistic wellness, Float Horizen has become a trusted destination for individuals seeking stress relief and rejuvenation. The business is equipped with modern facilities, and a strong local reputation, and operates in a growing market for alternative wellness therapies.
Key Selling Points:
Established customer base and strong local brand recognition
Prime location in a high-traffic area of Nashville
Fully operational, turnkey business with trained staff
Expanding wellness industry with high growth potential
Opportunity to enhance offerings and increase revenue streams (e.g., through retail, memberships, or partnerships)
Ideal for an entrepreneur or investor looking to enter the wellness industry or expand their portfolio in the thriving Nashville market. The owners work about 15 hours per week and the general manager works about 30 hours per week. The highly skilled and experienced GM (current LLC member) would like to stay on if it is a good fit. There are a total of 4 employees and 3 contract labor massage therapists. The lease on the 2900 sq. ft. rentable space (2157 sq. Ft. usable) along with an 8 X 12 Balcony, in the heart of Nashville, is assumable with the lease being 7,000 rent + 1,600 (common area maintenance) for a total $8600. The lease ends July 2027. Landlord is agreeable to offering a 2 year extension with a 5 year option to renew. Two of the owners are retiring and ready to leave the business in capable hands.
Facilities
3-Wave Classic Float Rooms: Automated Audio System , H202 Automated Chemical Feeder, Control Panel, Pump, Cartridge Filter, Water Heater, UV Light, LED Interior Lights, Installed. Current Replacement Estimated Value: $33,000./ea. Total $99,000.
1-Dreampod V2: Automated Audio System, H202 Automated Chemical Feeder, Control Panel, Pump, Cartridge Filter, Water Heater, UV Light, LED Interior Color Therapy Lights,Installed. Current Replacement Estimated Value: Total $22,000.
Specialized build includes:
4- Private Float Rooms with showers. State-of-the-art Float Tanks (only Wave Rooms in town)
1-Sunlighten Infrared Sauna
Zen Room (approx 24’ x 9’) easily converted for cold plunge, red light, other modalities, etc. Currently used for Massage and Sound Meditation.
Hospital grade HVAC for optimal humidity and climate control
Tnemec Non Slip flooring throughout spa
Laundry + Storage built into tenant space