Cryotherapy Spa – Wellness And Recovery Centre – Canberra

Ctoc1648,Canberra ACT 2601

$399,000

BusinessSize: n/a
Business ID: CTOC1648

Growth Projection for 2019: $220,000-plus

This specialist business has little to no competition locally, offers flexible hours and can mostly be run by one person, making it a great investment in a growing market.

The projected turnover growth for 2019 is healthy and opening on weekends could further boost income.

Business highlights

-Established since February 2017

-4 services offered, including Cryosauna, Cryofacial, Cryospot and Cryobody (cellulite reduction)

-Sale includes the Cryosauna, the Cryo Penguin (used for the other 3 services), TVs and headsets in the treatment rooms, computer, reception gear & printer

-Repeat client base of around 44% retention, including clients who have been with the business for over 2 years

-Great location in the sought-after area of Barton, close to hotels, restaurants, coffee shops

-Links to Hotel Realm and Doma hotels in the area

-Area includes around 10,000 employees and workers in a 2-kilometre radius

-Leasehold premises measure 221m2 - initial 3-year lease with 3-year extension

-Multiple tenants in the Precinct creating a massive rent reduction for a new owner – potential to pay next to no rent *

-There are currently 3 businesses in-house using 60m2; actively looking for more health businesses to help grow the facility

-New owner could add extra services, such as infrared sauna, float etc

-Currently trading weekdays only (weekends by appointment) due to family commitments

-No training or certification required, only OHS knowledge and training on liquid nitrogen and emergency procedures

-First aid certificate recommended

The current owner is happy to offer 3 months’ training, as well as helping to promote the treatments and drive more business to the spa. She has also been pushing clinical trials for private health.

There are some great opportunities to expand and grow this business through internal referrals, cross promotions in-store, networking and affiliates.

There is only one other health hub in Canberra on the northside; this is the only one on the southside.

Price: $399,000 or By Negotiation*

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Stamp Duty:$0
 

Maps and area information

Land Details
There's a lot more to see
Using overlays will allow you to see details such as school catchments, zoning and easements.
Error loading maps. Please try again later.
Block information
Block Map
No block information available
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's Nearby

Ainslie Primary School, AinsliePrimary School
1.3km
Campbell High School, CampbellHigh School
1.7km
Calvary Private HospitalHospital
5km
Canberra CentreMajor Shopping Centre
0.4km
Australian National UniversityUniversity
1.1km
Merici CollegeCollege
1.8km
City Post OfficePost Office
0.4km

Canberra Suburb Information

 
 
Average Age
24 years
Population
2,824
Canberra Profile
Canberra Occupancy

Contact agents

Xcllusive Business Sales

View agency details
Xcllusive Business SalesXcllusive Business Sales
Please send me information on Ctoc1648, Canberra ACT 2601
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
This listing has been viewed 132 times. It was first displayed on 24/06/19 and last updated on 24/06/19.