Joe Beaudry and Scott Swerland founded Urban Float, a chain of upscale flotation therapy centres with locations in Washington, Ohio, Texas, and Delaware that bring in $1 million annually.
The company was last valued at $10 million during their Shark Tank appearance in 2019, but the company’s current 2024 net worth is unknown.
Urban Float’s successful professional journey
By developing a sophisticated, professional method of flotation therapy, Urban Float transformed the floating market. The company offers clients pain management and stress alleviation through its specialised line of water-filled sensory deprivation pods. In contrast to unofficial floating operations, their facilities uphold the highest standards of professionalism and cleanliness.
The commercial enterprise gives a range of floating programs to fulfil the desires of its various purchasers. Unlimited month-to-month subscriptions are offered for $150 while unmarried classes cost about $45.
According to take a look at, sensory deprivation remedy, which is offered within the floating pods, could have long-lasting effective consequences on one’s bodily, mental, and emotional well-being.
Urban Float’s earning and net worth
Beaudry and Swerland provided a $10 million valuation for his or her agency after they regarded on Shark Tank in Season 10. Their gross sales become $2 million, at the same time as their internet profit was $600,000.
Kevin O’Leary and Matt Higgins made proposals to Mark Cuban, Daymond John, and Lori Greiner, however they declined. They eventually agreed to Higgins’ provide of $500,000 for a 12.5% stake, however the settlement wasn’t finalised till after the overall performance.
Urban Float has continued to expand steadily. The business regularly brings in about $1 million a year in income. They have effectively adopted a franchising business model, which permits them to enter new markets while upholding their exacting standards for professionalism and customer service.
Through their platform, the company continues to inform the public about the advantages of float therapy, reaching a global audience after their Shark Tank appearance.
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