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Floatation Therapy And Sauna Spa In Kelowna For Sale

Kelowna, British Columbia, Canada
Asking Price:
$220,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
$50K - $100K (CAD)

Originally ( start-up in 2014 ) this business was only offering sensory deprivation floatation. In the last 3 years, we expanded with an offer of infra red sauna and PEMF therapy. The original floatation tanks were also replaced by new ones in 2019 and the space was fully renovated in 2019 There is also a small gym space that can double as therapy room with massage table.

This is an ideal opportunity for a physiotherapist, massage therapist, personal trainer, a doctor or anyone wanting to dedicate their career to helping people find drug free stress relief and health.

All the hard work has been done. Walk in and start running the business.

The brand is well known in Kelowna, one of the fastest growing cities in Canada and has a large client database.

Only taking over the commercial lease with empty rooms and partial fixtures/assets is negotiable.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Current 5 year lease end Feb 1st 2024

Leasehold Rent:

$45,000 (CAD) per annum

Location:

In the new office district close a few minutes from downtown surrounded by other high traffic businesses

Size in square feet:
4,000

Business Operation

Expansion Potential:

A 2nd floor can be build for eg therapy rooms

Competition / Market:

No competitor offers the same range of services

Reasons for selling:

Retirement and making time for new projects

Trading hours:

9-5/7pm mostly appointment only

Employees:
3
Years established:
8

Other Information

Support & training:

Offering 2 weeks of immersion in the operations and introduction to all current suppliers and advisors

Furniture / Fixtures value:
$100,000 (CAD) - included in the asking price
Inventory / Stock value:
$5,000 (CAD) - included in the asking price
Website:
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