Auckland, ID 163319
Take over a legacy Auckland wellness brand for less than the cost of its fit-out. After 12 successful years, this business is offered for a rapid sale with a focus on asset value over historical multiples. The opportunity is a truly turn-key investment. For the past four months, the business has been fully run under management, demonstrating operational independence. This makes it well suited as a bolt-on to an existing portfolio or as a passive income stream for a new owner. Why This is a Strong Value Opportunity: Asset-backed security with over $254,000 in tangible assets, including premium float pods, built-in tanks, a sauna, and an ice bath, along with a fibreglass mould for future expansion or renewal. This allows the buyer to acquire high-quality equipment while effectively receiving an established 12-year brand at minimal additional cost. Proven earnings with a history of strong performance, including Seller’s Discretionary Earnings averaging $180,000 between 2021 and 2023. Prime location in Grafton, positioned to benefit from the City Rail Link and the new Mt Eden station within walking distance, supporting future growth in foot traffic and accessibility. Diverse service offering, including float therapy as the core revenue driver, supported by a contrast therapy room with sauna and ice bath, and a private massage therapy suite. Recurring revenue through a loyal membership base, providing predictable monthly cash flow from day one. Premises and lease details: Location: 12 Water Street, Grafton Rent: Approximately $4,536.52 plus GST, including outgoings Lease secured through to August 2030 Asking price: $295,000 plus stock This opportunity offers a strong return profile, with potential for an owner-operator or investor to achieve a rapid return on investment based on historical performance.
