Preparing for Your Exo Float Tank
There’s plenty to think about when it comes to starting your new sensory deprivation tank venture. At Exo we will support you on your journey to owning our state of the art float tank.
Before you purchase your Exo Float Tank, there are two main considerations, finding a site, and funding.
For those looking to set up a brand-new centre, deposits, rent, and site fees for your chosen spot are going to vary wildly depending on location. This is where good local research comes into play.
Starting a float centre in a central urban area may provide you with more footfall, but the lease is likely to be much higher. Instead, you might find an accessible neighbourhood with a strong health and wellbeing scene, one which doesn’t command the highest commercial rates in town. Generally, people who want to benefit from floating are willing to travel to the facility.
It also worth considering expansion space. Even if you don’t intend on installing more float tanks, having the extra space to expand is extremely beneficial for the future. Float tanks pair well with other fitness or spa equipment.
Once you have found a suitable location it is possible to put together a plan for what capital you will require. It may not be possible to be very specific at the start however the capital outlay and building costs can be significant. It can save a lot of time and wasted effort to know what budget you have available before deciding on the size and type of facility that you wish to build. Often securing the funds can be the longest part of the project.
It is also important to decide how many float tanks you want. While one float tank can easily bring in profits, you’ll find that you will make a higher profit running multiple tanks. A single staff member is able to run multiple tanks at the same time with ease so you can increase your capacity whilst retaining the same number of staff.