Investment Overview
Ascension Covery is a wellness business offering located in a 1,300 SF suite along one of the strongest retail corridors in the Prairieville and Gonzales market.
The suite is located in a shopping center with Rouses Market, Walk-On’s, and Starbucks.
More than $650,000 has been invested into the space and equipment. FF&E included in the sale consists of cryotherapy, hydrafacial, hyperbaric chamber, bio charger, cryo skin equipment, chairs, and additional small equipment.
Reported revenue exceeded $900,000 in both 2022 and 2023. The business ceased operations in November 2024 due to partner differences.
The current lease is on a 5-year term which can be shortened. Current occupancy costs are $3,450 per month in base rent plus an estimated $500 per month in CAM, for a total monthly obligation of $3,950.
The sale includes the business assets and assignment of the existing lease.
**Sale includes the operating business and business assets only. Real estate is not included.**