Wellness Recovery Spa with Two Locations in Southern California
Off-MarketSan Diego, CA
Wellness Recovery Spas With Two Locations In Southern California
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$900,000
$342,000
38.0%
2023
30+ Days
Customers
Retail customer base including NBA players, football players, boxers, UFC fighters, and numerous well-known actors and actresses in the area. The membership base is equally divided between men and women.
Customer Acquisition
The business grew primarily through word-of-mouth marketing with minimal Google and Facebook advertising to manage demand and maintain an exclusive environment.
Team
20 total employees, with 1 employee working in the mornings at each location and 2 working in the evenings.
Owner's Role
Run the business remotely from another state, with minimal on-site involvement and no external management structure. One owner handles scheduling and maintains operations manuals, while the other is more involved in customer experience and design.
Reason for Selling
The owners moved out of state and are looking to start a new business where they currently live.
Contracts
Memberships and packages make up 70% of revenue, while individual services comprise 30%.
Real Estate
Both locations are leased. Equipment costs were approximately $140,000 per studio and have been fully paid off.
When Are You Looking to Sell
ASAP
Licenses Required
No license is required.
Additional Notes
The facilities include private rooms with cold plunge and sauna combinations, hyperbaric oxygen chambers, Therabody compression loungers, and compression boots.
Business ID: 1860
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