Now Reduced! Priced at $125,000 - balance sheet shows over $165,000 of Equipment and Leasehold Improvements with Depreciation Applied.
Unique opportunity to purchase a growing business in the exciting Cryotherapy Industry at less than the cost of the assets. This business was established in late 2017 by a group of innovative local investors and is currently showing a small profit whilst being run without a hands-on owner and only being open 4 Days a week. A hands-on owner working 40 hours per week would earn $55,000+ based on 2019 P&L's.
Cryotherapy is a young and booming industry used by a number of celebrities and world class athletes including LeBron James, Cristiano Ronaldo, Will Smith and Daniel Craig. This business is the market leader within it's location in The Valley, and has an outstanding online reputation which gives a new owner excellent growth potential. Clients include several local athletes, celebrities, and fitness enthusiasts. In addition to traditional Cryotherapy, the business also offers an additional service that uses Cutting Edge Cryo techniques to achieve fat removal, slimming, weight loss and cellulite reduction - giving the business a very diverse client base.
The investors are looking to sell as they are currently focused on other projects and no longer have the necessary time to dedicate to this growing business. This is a great opportunity for an ambitious new owner to buy an established business with significant future potential.
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