How much does an Urban Float franchise cost?
- Initial Franchise Fee: $40,000
- Total Investment: $525,250 to $819,100
- Working Capital: $15,000 to $60,000
- Royalty Fee: 7.5%
Is Urban Float profitable?
Since then the industry has grown immensely and become extremely profitable. Urban Float brought in 1.3 million in revenue last year alone.
Are float tanks profitable?
Starting Your Float Business Float centers are popping up all over the U.S. and Canada, and can be very profitable. In many cases, you can be the first to offer flotation therapy in your area – providing the opportunity to establish yourself as the market leader.
Who owns Urban Float?
Urban Float CEO Scott Swerland and COO Joe Beaudry opened Urban Float six years ago. The company now has four locations in Seattle, one in Tacoma and one in Vancouver, Washington. It also operates in Ohio, Texas and Delaware, with plans to expand into more states in coming years.
How is Urban Float doing now?
The company regularly hits $1 million in gross revenue annually. The deal with Matt Higgins was never finalized, but the company managed to expand on its franchising business model in the months and years that followed. Their offerings can currently be found on their website.
Are float tanks covered by insurance?
Floating has become a fierce way to combat fear and anxiety and since the effects of floating are helpful to many mental and physical health conditions, some are curious if floating is covered by insurance. The short answer is no.
How often do you change the salt in a float tank?
Buoyancy readings need to be taken every 2 weeks or so, depending on usage, to make sure there is enough salt in the solution. On average levels need to be topped up every 1 to 2 months with one new bag of Epsom salt.
How much is Urban Float net worth?
What Is the Net Worth of Urban Float? The valuation of Urban Float was $10 million when it appeared on Shark Tank. The net worth of Urban Flat is $1 million as of 2022.
How many Urban Float locations are there?
How many locations are there? Nine. We have four corporate locations open in the Greater Seattle area.
How did Urban Float do after shark tank?
The company has seen some tremendous growth over the last couple of years. It now has four locations in Seattle, one in Tacoma and another in Vancouver, Washington. It also runs some operations in Ohio, Texas, and Delaware.
How do float tanks get cleaned?
Between each float session, all the water inside the pod passes through a medical grade 10 micron filter 4-6 times and the Epsom salts in the water act as a natural disinfectant, inhibiting the growth of bacteria. In addition, we use a combination of UV and H2O2 to ensure the water is fully treated between each float.
How does a float pod work?
The Sensorial Deprivation Chamber, also known as the Float Pod, shuts out all noises, lights and other factors that often keep us from fully tuning into your inner selves. High doses of Epsom salt dissolved in 180 gallons of water creates a control environment that allows the body to float without effort.
What is Urban Float?
Urban Float – Sensory Deprivation REJUVENATE YOUR MIND & BODY IN STATE-OF-THE-ART FACILITIES Our tanks are scientifically designed to help reduce stress, even the deepest levels of emotional anxiety. Float tank therapy is even prescribed by professionals to help the body relax, ease pain and generally unwind.
What is Urban Float shark tank?
Sensory deprivation pods or tanks put you inside a tank with body temperature water loaded with epsom salts. You float (the salt ensures you will even if you fall asleep) in total darkness and with no sound. It's supposed to be very relaxing.
What is Urban Float?
Urban Float – Sensory Deprivation REJUVENATE YOUR MIND & BODY IN STATE-OF-THE-ART FACILITIES Our tanks are scientifically designed to help reduce stress, even the deepest levels of emotional anxiety. Float tank therapy is even prescribed by professionals to help the body relax, ease pain and generally unwind.
Do you wear a swimsuit in a float tank?
Should You Wear a Swimsuit During Flotation Therapy? You can wear a swimsuit or a bathing suit during your float, but it isn't necessary. In fact, we recommend not wearing anything at all. This is because the less sensation you have against your skin, the better.
Urban Float Franchise Opportunities
Urban Float franchise has an innovative spa concept. The company provides floatation therapy in skin temperature salty water which helps their customers get rid of stress and relax. The demand for such services is constantly growing, which determines highly promising Urban Float spa and wellness center franchise opportunities.
How to open the Urban Float franchise?
Ensure you have adequate capitalization. In order to open the Urban Float wellness franchise, you must have a net worth of $100,000.
Background
Our brand has broad appeal and is approachable by people from all walks of life. We cater to the needs of mainstream clients. We offer a high end experience from the moment the customer books their appointment to the moment they walk out of the door - even into the days following their float.
Company Details
Company Owned Units: 4 States Registered In: All Canada Franchises: Yes International Franchises: Yes
Support and Training Offered By Urban Float
Financial Assistance Provided: No Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Recruiting Assistance: No Co-Operative Advertising: Yes Training: 2 weeks of training at our corporate stores with ongoing online training.
Franchises Similar to Urban Float
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
How much does an Urban Float franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
What is Urban Float?
Urban Float Opportunities offers franchises for the operation of an “Urban Float’ day spa that offers non-medical wellness services and products, primarily floatation therapy using sensory deprivation techniques, and related spa services for health and wellness of the body and spirit in a comfortable, elegant, and sophisticated retail location.
How many franchise locations do they have?
As of the 2017 Franchise Disclosure Document, there are 1 franchised Urban Float locations in the USA.
WHAT IS URBAN FLOAT?
Urban Float is a national leader in an industry primed for exponential growth. Urban Float focuses on providing floaters with a superior experience. We have meticulously designed retail float centers and cutting edge floatation tanks. Our commitment provides our clients with excellent customer service that leaves them wanting to come back.
Is Urban Float a franchise?
Being a leader and top performer in the industry, Urban Float has quickly proven itself as one of the most exciting franchise opportunities out there. The economics of our business model are formidable.
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