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Proactive Health and Wellness Studio

Miami, FL
listing image
Asking Price:$1,600,000
Gross Revenue:$1,539,000
Rent:$13,000/Month
Established Year:2019
Cash Flow:$369,000
Inventory:$15,000
FF&E:$100,000
Listing ID: 2310031Listing provided by BizBuySell
BUSINESS DESCRIPTION

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This 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.

DETAILED INFORMATION
Location
Miami, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,680
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The studio faces the main highway. Studio has good exposure to walking traffic as it is by major shopping stores such as CVS and Ulta. Large parking lot to accommodate for a heavy flow of traffic.
Competition
- Wellness IV Infusion Therapy, The DRIPBaR and a lot of Mobile IV companies in Miami are the major competitors. Regarding, the cryotherapy service, there is not a lot of competition in that area other than the physical therapists and the Mayo Clinic.
Growth & Expansion
The Wellness industry is projected to grow by 8%+ annually. This brand is a leader in the space.
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.
Reason for Selling
This is a company unit resale.
Franchise
This business is an established franchise
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