Floatation Tank Finance
Do you need your floatation tank financed? Floatation Tanks are becoming a very popular health trend in the UK. However, some may say it’s a very expensive asset to introduce to your business. Here at WestWon, we are here to support your business and take any financial pressures off.
This blog will discuss how WestWon can help you invest and introduce floatation tanks into your business, alongside the potential profit you can make by offering this fantastic service to your customers. There are also figures below that show how much profit floatation tanks can generate.
How much will it cost to lease?
The tanks cost between £15,000 – £30,000, with the average sale at around £19,000, which is therefore a large upfront investment. However, with WestWon’s finance solution you can pay for the pods whilst it generates you profit. Please see the lease example below to see how a wellness centre used WestWon’s floatation tank finance.
Lease Example:
Floatation Tank price: £19,000+VAT
Lease term: 5 years
Monthly Rental: £427+VAT
How much profit can floatation tanks generate?
On average the going rate for a 60-minute float session is £40-£50 in the UK, therefore enabling up to 9 customers throughout the 12-hour day (allowing 15 minutes for other requirements).
There is a massive amount of profit to be made through this health trend. We have therefore produced a rough guide of the profit your business can make from 1 month through to 5 years, whilst utilising WestWon’s finance option.
Example:
This example is based on having just one floatation pod, at £40 a session with 4 customers per day (50% occupancy). However, if you were to start your own business there is a high chance that you could make a lot more profit.
| Period of Time | 1 month | 1 year | 5 years |
| Revenue | £4,800 | £57,600 | £288,000 |
| Rental Cost (Monthly) | £427 | £5124 | £25,620 |
| Profit | £4,373 | £52,476 | £262,380 |
Floatation Tank Finance Process
Interested in obtaining a floatation tank using a finance option? The process is simple yet efficient:
Supplier Quote
- Choose the most suitable floatation tank and supplier. We can help! Our supplier relationships means we can help you get a great deal on the best tanks in the market.
- Agree the price and any relevant training and maintenance contract with your chosen supplier.
Be provided with a free no obligation leasing quote
- WestWon will then provide you with a leasing quote, based on the floatation pod you are looking to finance, alongside the supplier’s price.
- In addition, a credit check is undertaken and then an arrangement for a lease facility is put in place.
Obtain a credit acceptance
- This is therefore when the credit will hopefully be accepted (can be as quick as 24 hours and long as three to four days).
Agreement is sent
- The lease agreement is then sent to you and requested to be returned, signed.
Goods are delivered
- Your supplier delivers the floatation tank, then they invoice us directly and we then arrange for the payments to be made.
The rentals begin
- Finally, you make monthly or quarterly lease repayments directly to us or the funder we have used.
Contact Us
If you would like any more information on floatation tank financing or other assets we can provide finance for here at WestWon, then please don’t hesitate to get in touch with us. However, you can also give us a call on 01494 611 456 or alternatively email us on hello@westwon.co.uk.