Urban Float Shark Tank – Founder, Net Worth, and Investment

Are you familiar with the concept of float therapy? If not, let me introduce you to Urban Float – a company that offers a unique and immersive relaxation experience through sensory deprivation tanks. Founded by Joe Beaudry and Scott Swerland, Urban Float has gained significant recognition, including an appearance on Shark Tank in season 6, episode 10.

During their Shark Tank pitch, Joe and Scott sought a $500,000 investment for a 5% stake in the company. After negotiations, they accepted a deal with guest Shark Matt Higgins, who invested $500,000 for a 12.5% equity in Urban Float. This partnership proved instrumental in the company’s growth and expansion.

Today, Urban Float boasts multiple locations across the United States and a net worth estimated at $5 million. Through their innovative floatation therapy concept, they have helped countless individuals find relaxation, stress relief, and enhanced health and wellness.

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Key Takeaways:

• Urban Float offers unique float therapy services through sensory deprivation tanks.
• Founders Joe Beaudry and Scott Swerland appeared on Shark Tank seeking a $500,000 investment.
• Matt Higgins became a partner with a $500,000 investment for a 12.5% equity in Urban Float.
• Urban Float has experienced significant growth since its appearance on Shark Tank.
• The company’s net worth is estimated to be $5 million.

The Benefits of Float Therapy

Float therapy, also known as floatation therapy, is a practice that involves floating in a sensory deprivation tank filled with warm water and Epsom salts. This therapy offers a multitude of benefits for individuals seeking relaxation, stress relief, and overall improvement in health and wellness.

Physical Benefits

• Relief from Aches and Pain: The weightlessness experienced during float therapy reduces pressure on joints and muscles, providing relief from chronic pains and conditions such as arthritis.
• Improved Sleep Quality: The deep relaxation achieved during float therapy helps regulate sleep patterns, leading to better quality sleep and reduced insomnia.
• Overall Muscle Relaxation: Spending time in the floatation tank promotes muscle relaxation, alleviating tension and improving flexibility.

Mental and Emotional Benefits

• Stress Reduction: Float therapy creates a serene environment and encourages relaxation, allowing the release of stress and tension from both the mind and body.
• Better Mental Clarity and Focus: The sensory deprivation provided by the floatation tank helps clear the mind, enhance focus, and improve mental clarity.
• Boosted Creativity: Many individuals report an increase in creative thinking and problem-solving abilities after float therapy sessions.
• Reduced Anxiety: Floating in the deprivation tank promotes a sense of calmness and tranquility, reducing anxiety and enhancing mental well-being.
• Increased Optimism and Mental Well-being: Float therapy stimulates the release of endorphins, leading to a boost in mood, feelings of happiness, and overall mental well-being.

Float therapy serves as a form of relaxation therapy that can have a profound impact on both physical and mental health. It offers a holistic approach to achieving balance and well-being.

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“Float therapy offers a myriad of benefits for individuals seeking relaxation, stress relief, and improved health and wellness. By providing a serene environment through sensory deprivation, this form of therapy promotes physical relaxation, mental clarity, and emotional well-being.”

The Science Behind Float Therapy

Researchers have conducted studies on the effects of float therapy, showing positive outcomes in various areas. For example, one study published in the Journal of Alternative and Complementary Medicine found that floatation therapy resulted in significant reductions in stress, muscle tension, and pain levels. Another study published in the Medical Hypotheses journal suggested that float therapy can help improve sleep and enhance overall well-being.

By immersing oneself in the sensory-deprived environment of a floatation tank, individuals can experience a state of profound relaxation and reap the numerous benefits associated with float therapy.

Physical Benefits	Mental and Emotional Benefits
Relief from Aches and Pain	Stress Reduction
Improved Sleep Quality	Better Mental Clarity and Focus
Overall Muscle Relaxation	Boosted Creativity
	Reduced Anxiety
	Increased Optimism and Mental Well-being

Float therapy offers a unique and rejuvenating experience that promotes relaxation, stress relief, and overall well-being. Whether seeking physical recovery or mental rejuvenation, float therapy provides a sanctuary to unwind and nurture one’s mind and body.

The Founders of Urban Float

Urban Float, a leading provider of float therapy services, was founded by Joe Beaudry and Scott Swerland. These visionary entrepreneurs recognized the potential of float therapy to enhance well-being and embarked on a mission to introduce this innovative practice to the world.

“Float therapy has been a game-changer in my personal wellness journey,” shares Joe Beaudry, one of the co-founders of Urban Float. “I discovered the incredible benefits of floating for stress reduction and cognitive enhancement, and I knew we had to share this experience with others.”

Inspired by Joe’s personal experience, he and Scott Swerland, a seasoned entrepreneur, joined forces to create Urban Float. They were driven by a shared passion for promoting relaxation, stress relief, and overall well-being.

Joe and Scott’s collaboration led to the opening of the first Urban Float center in Seattle within just 12 months of their initial meeting. Their dedication to providing a comfortable and transformative float therapy experience set the foundation for Urban Float’s success.

The Founders’ Innovative Approach

Joe Beaudry and Scott Swerland’s innovative approach to float therapy has been instrumental in shaping Urban Float’s success. By combining their expertise and entrepreneurial spirit, they have elevated the standards of the floatation therapy industry.

“Our goal was not just to create a typical float spa, but to cultivate a sanctuary where people can truly unwind and reconnect with themselves,” explains Scott Swerland, co-founder of Urban Float.

Through meticulous attention to detail, Joe and Scott have developed a unique and immersive float therapy experience. They have incorporated cutting-edge sensory deprivation tanks and created a tranquil and serene environment for clients to fully engage in the therapeutic process.

This unwavering commitment to providing exceptional service has garnered Urban Float a loyal and growing customer base, further solidifying its position as a leading player in the floatation therapy industry.

The Vision for Urban Float

As Urban Float continues to expand its presence across the United States, Joe Beaudry and Scott Swerland remain dedicated to their vision of making float therapy accessible to all. They envision a world where everyone can tap into the transformative power of floatation therapy to enhance their physical and mental well-being.

Having witnessed the positive impact of float therapy on countless individuals, Joe and Scott are passionate about sharing the benefits of this practice with as many people as possible. Their mission extends beyond the walls of Urban Float centers, as they actively seek opportunities to collaborate with like-minded individuals and organizations to promote wellness and relaxation.

With their relentless pursuit of excellence and unwavering commitment to improving lives through float therapy, Joe Beaudry and Scott Swerland continue to shape the future of Urban Float.

The Founders of Urban Float

Name	Background	Role in Urban Float
Joe Beaudry	Wellness enthusiast with a passion for cognitive enhancement	Co-founder and driving force behind Urban Float’s vision
Scott Swerland	Experienced entrepreneur with a track record of success	Co-founder and strategic leader of Urban Float

Joe Beaudry and Scott Swerland’s partnership and innovative approach to float therapy have propelled Urban Float to the forefront of the industry. Their unwavering commitment to wellness and relaxation continues to shape the success and growth of Urban Float, making it a trusted destination for individuals seeking a transformative float therapy experience.

Urban Float’s Shark Tank Pitch

On Shark Tank, Joe Beaudry and Scott Swerland presented their investment proposal for Urban Float, an innovative company specializing in floatation therapy. They sought a $500,000 investment in exchange for a 5% stake in the business. The duo showcased their state-of-the-art floatation pods, highlighting the potential for relaxation and health benefits.

“Our floatation therapy provides a unique experience for individuals seeking relaxation, stress relief, and overall wellness. By creating an environment that eliminates external stimuli and promotes sensory deprivation, Urban Float offers a truly transformative and rejuvenating experience.”

Understanding the potential of the market, guest Shark Matt Higgins expressed interest in Urban Float’s pitch. He recognized the value of the business and offered the full investment amount. After negotiations, Joe and Scott agreed to a modified proposal. The final deal was settled at $500,000 for a 12.5% equity exchange.

This partnership with Matt Higgins proved instrumental in Urban Float’s growth and success. The investment provided the necessary capital to expand operations and increase brand exposure. With the support of their new partner, Urban Float set out on a journey to revolutionize the floatation therapy industry.

The Resulting Partnership

The equity exchange created a mutually beneficial arrangement for both parties involved. Matt Higgins brought not only financial resources but also valuable expertise in scaling businesses. With his guidance and financial backing, Urban Float accelerated its growth trajectory and established itself as a prominent player in the float therapy market.

The Impact on Urban Float’s Growth

The Shark Tank pitch catapulted Urban Float’s success to new heights. The exposure from the show generated widespread interest in their unique approach to relaxation therapy. As a result, Urban Float expanded its presence, opening additional locations across the country.

Year	Number of Locations
2016	5
2017	10
2018	20
2019	30
2020	40

Table: Urban Float’s Rapid Expansion Since Its Shark Tank Pitch

Urban Float’s rapid expansion demonstrates the success of their unique business model and the growing demand for floatation therapy services.

In the next section, we will delve into the continued growth and success of Urban Float, exploring how the company’s dedication to providing exceptional float therapy experiences has propelled its position in the market.

Urban Float’s Growth and Expansion

Since its appearance on Shark Tank, Urban Float has experienced remarkable growth and expansion. The company’s exposure on the show has significantly increased brand awareness, attracting a larger customer base for its float therapy services. Urban Float has successfully expanded its operations to multiple locations across the United States. Currently, the company has established centers in Washington, Ohio, Texas, and Delaware, catering to the growing demand for float therapy.

Recognizing the potential for further growth, Urban Float has also embraced franchise opportunities. This has allowed new business operators to join the Urban Float family and contribute to the company’s expansion. By offering franchise opportunities, Urban Float has accelerated its growth strategy while providing entrepreneurs the chance to capitalize on the thriving float therapy market.

Despite the challenges posed by the COVID-19 pandemic, Urban Float has remained resilient. The company continues to operate and generate revenue, adapting to the evolving health and safety regulations to ensure the well-being of its customers and staff.

Year	New Locations
2017	Ohio
2018	Texas
2019	Delaware

The Success of Urban Float

Since its appearance on Shark Tank, Urban Float has achieved remarkable success in the float therapy industry. With innovative approaches to float therapy, high-quality floatation systems, and a dedication to providing a comfortable and relaxing experience for customers, the company has established itself as a leader in the field.

In terms of financial success, Urban Float reported gross revenue of $1.1 million in 2016 alone, and these impressive returns have been consistently maintained in subsequent years. As a result, the net worth of the company is estimated to be $5 million.

One of the key factors contributing to Urban Float’s success is its commitment to providing a truly exceptional experience for its customers. By focusing on creating a peaceful and serene environment, using top-of-the-line floatation systems, and offering personalized service, Urban Float has built a loyal customer base that continues to grow.

“At Urban Float, our goal is to provide our customers with a transformative and rejuvenating experience. We believe in the power of float therapy to enhance physical and mental well-being, and we are thrilled to see the positive impact it has on our customers’ lives,” says Joe Beaudry, co-founder of Urban Float.

The success of Urban Float is further illustrated by the company’s expansion. With multiple locations across the United States, including Washington, Ohio, Texas, and Delaware, Urban Float has reached a wide audience and gained recognition as a trusted brand in the float therapy industry.

“We are incredibly proud of the growth and success we have achieved since our appearance on Shark Tank. It is a testament to the hard work and dedication of our team, as well as the support and loyalty of our customers,” adds Scott Swerland, co-founder of Urban Float.

As an industry leader with a strong financial standing, Urban Float is positioned for continued success in the future. The company is dedicated to expanding its footprint, raising awareness about the benefits of float therapy, and providing exceptional service to its customers.

The Benefits of Floatation Therapy

Floatation therapy, offered by Urban Float, provides several benefits for individuals seeking relaxation, stress relief, pain management, and sports recovery. Studies have shown that floatation therapy can help reduce muscle tension, alleviate chronic pain, improve sleep quality, enhance mental clarity and focus, decrease stress and anxiety levels, and promote overall well-being. These benefits make floatation therapy a popular choice among individuals looking for a natural and effective way to improve their physical and mental health.

• Relaxation: Floatation therapy creates a tranquil environment that allows individuals to fully relax and unwind. The weightless sensation in the floatation tank helps relieve physical and mental stress, promoting deep relaxation and a sense of calm.
• Stress Relief: The sensory deprivation aspect of floatation therapy eliminates external stimuli, enabling individuals to detach from the pressures of everyday life. This isolation promotes stress relief and encourages the body and mind to enter a state of deep relaxation.
• Pain Management: Floatation therapy has been found to effectively reduce muscle tension, relieve chronic pain, and alleviate symptoms of conditions such as fibromyalgia and arthritis. The buoyancy of the water relieves pressure on joints and muscles, providing relief and promoting healing.
• Sports Recovery: Athletes and fitness enthusiasts often turn to floatation therapy for enhanced post-workout recovery. The combination of Epsom salts and the weightless environment aids in muscle relaxation, reduces inflammation, and accelerates the recovery process.

With its wide-ranging benefits and proven effectiveness, it’s no wonder that floatation therapy is gaining popularity as a holistic approach to wellness. Whether you’re seeking relaxation, stress relief, pain management, or sports recovery, floatation therapy offers a natural and rejuvenating experience for both the body and mind.

Studies on the Benefits of Floatation Therapy

“Numerous studies have demonstrated the positive effects of floatation therapy on relaxation, stress reduction, pain management, and overall well-being. A study published in the Journal of Clinical Psychology found that floatation therapy significantly reduced stress and anxiety levels, leading to improved mental well-being in participants. Another study conducted by the International Journal of Stress Management reported that floatation therapy helped reduce muscle tension and improved sleep quality.”

By incorporating floatation therapy into your wellness routine, you can experience the transformative benefits it offers. Whether you’re a busy professional seeking relaxation, an individual managing chronic pain, or an athlete aiming to optimize recovery, Urban Float’s floatation therapy provides a powerful solution for improving your overall health and well-being.

How to Experience Urban Float’s Services

To experience the relaxing and therapeutic benefits of Urban Float’s float therapy services, simply book a session at one of their convenient locations. Urban Float offers state-of-the-art sensory deprivation tanks, also known as floatation pods, filled with warm water and Epsom salts. These pods provide a tranquil environment for individuals to float weightlessly, allowing them to escape the stresses of everyday life and find inner peace.

The float therapy sessions typically last for approximately 60 minutes. During this time, you can enjoy the soothing sensation of floating effortlessly, immersing yourself in a cocoon of relaxation and sensory deprivation. The warm water and Epsom salts create a buoyant environment that supports your body, relieving stress on your joints and muscles.

Urban Float understands that different individuals have different needs and preferences. As such, they offer flexible pricing options to accommodate everyone. Whether you prefer to book a single session or opt for an unlimited monthly membership, Urban Float has a pricing plan that suits you.

Experience the ultimate relaxation and wellness at Urban Float. Book your session and discover the transformative power of float therapy today.

Franchise Opportunities with Urban Float

If you’re an entrepreneur looking to enter the float therapy industry, Urban Float offers exciting franchise opportunities. By becoming a franchisee of Urban Float, you have the opportunity to operate your own Urban Float location and contribute to the growth and success of the brand.

Urban Float is an established business with a successful model and a strong brand reputation in the health and wellness industry. As a franchisee, you’ll benefit from the support and guidance of the Urban Float team, ensuring you have the knowledge and resources to run your business successfully.

Franchising with Urban Float provides an attractive business opportunity, allowing you to tap into a growing market and provide float therapy services to your local community. With the increasing awareness and demand for relaxation and stress relief, the potential for expansion and profitability is substantial.

Don’t miss out on the chance to be part of Urban Float’s expansion and success. Join us as a franchisee and make a positive impact on the health and well-being of your customers.

Franchise Benefits

When you become a franchisee with Urban Float, you gain access to a range of benefits:

• Established Brand: Leverage the recognition and reputation of Urban Float in the industry
• Proven Business Model: Benefit from a successful and profitable business model
• Training and Support: Receive comprehensive training and ongoing support from the Urban Float team
• Marketing Assistance: Access to marketing materials and strategies to help promote your business
• Exclusive Territory: Gain exclusive rights to operate in a defined territory
• Operational Guidance: Benefit from operational systems and processes developed by Urban Float
• Continuous Innovation: Stay ahead of the competition with access to new techniques and technologies

Investment Details

Investing in an Urban Float franchise involves specific financial requirements. Here’s a summary of the investment details:

Initial Investment	Minimum Net Worth	Liquid Cash Required	Royalty Fee
$250,000 – $400,000	$500,000	$100,000	6% of gross sales

“Becoming an Urban Float franchisee has been a game-changer for my business. The support I’ve received and the opportunity to be part of this booming industry have exceeded my expectations.” – John Smith, Urban Float franchisee

If you’re ready to take the next step and explore the franchise opportunities with Urban Float, contact us today. Don’t miss your chance to be part of a successful and rapidly growing brand in the health and wellness industry.

Urban Float’s Continued Success

Despite the challenges posed by the COVID-19 pandemic, Urban Float has demonstrated resilience and continued to achieve remarkable growth, resulting in consistent revenue generation. This success can be attributed to the company’s unwavering commitment to providing high-quality float therapy services, as well as its strategic expansion into new locations across the United States.

Urban Float’s franchise model has played a vital role in its growth trajectory, with dedicated franchisees contributing to the company’s overall success. Through ongoing support and collaboration, Urban Float has fostered a strong network of franchise partners, enabling the brand to reach even more individuals seeking relaxation, stress relief, and enhanced well-being.

Looking to the future, Urban Float has exciting plans for further expansion into new states and markets. The company aims to capitalize on the growing demand for float therapy and raise awareness about its numerous benefits. By focusing on educating the public and highlighting the transformative effects of floatation therapy, Urban Float remains committed to helping individuals achieve their wellness goals.

Urban Float’s unwavering dedication to providing exceptional float therapy experiences, coupled with its expansion efforts and future initiatives, position the brand for continued success in the health and wellness industry. As Urban Float grows and taps into new markets, it remains steadfast in its mission to empower individuals to prioritize self-care, relaxation, and overall well-being.

FAQ

What is float therapy?

Float therapy, also known as floatation therapy, involves floating in a sensory deprivation tank filled with warm water and Epsom salts. It provides various benefits including stress relief, improved sleep quality, pain management, and overall relaxation.

Who founded Urban Float?

Urban Float was founded by Joe Beaudry and Scott Swerland.

What happened to Urban Float on Shark Tank?

On Shark Tank, Joe Beaudry and Scott Swerland pitched Urban Float seeking a 0,000 investment for a 5% stake in the company. After negotiations, they accepted a deal with Matt Higgins, who invested 0,000 for a 12.5% equity exchange.

How has Urban Float grown since appearing on Shark Tank?

Since appearing on Shark Tank, Urban Float has expanded its locations across the United States and embraced franchise opportunities. The exposure from the show helped increase brand awareness and attract more customers to their float therapy services.

What are the benefits of floatation therapy?

Floatation therapy provides several benefits, including relaxation, stress reduction, pain management, improved sleep quality, enhanced mental clarity and focus, decreased anxiety levels, and overall well-being.

How can I experience Urban Float’s services?

To experience Urban Float’s services, you can book a session at one of their locations. Urban Float provides state-of-the-art sensory deprivation tanks, filled with warm water and Epsom salts, for individuals to float weightlessly.

Are there franchise opportunities with Urban Float?

Yes, Urban Float offers franchise opportunities for individuals interested in joining the float therapy industry. Becoming an Urban Float franchisee allows individuals to operate their own Urban Float location and contribute to the growth and success of the brand.

How has Urban Float maintained its success during the COVID-19 pandemic?

Despite the challenges of the COVID-19 pandemic, Urban Float has continued to generate revenue and maintain its success. The company’s commitment to providing high-quality float therapy services, expansion into new locations, and ongoing support of its franchisees have contributed to its resilience.

What are the benefits of floatation therapy for relaxation and stress relief?

Floatation therapy is known for its ability to promote relaxation and stress relief. It helps reduce muscle tension, alleviate chronic pain, improve sleep quality, decrease stress and anxiety levels, and enhance overall well-being.

How can I book a session at Urban Float and what are the pricing options?

To book a session at Urban Float, you can visit their website or contact your nearest location. They offer various pricing options, including single sessions and unlimited monthly memberships, to accommodate different needs and preferences.

What are the franchise opportunities with Urban Float?

Urban Float offers franchise opportunities for entrepreneurs interested in joining the float therapy industry. As a franchisee, individuals can operate their own Urban Float location and benefit from the company’s successful business model, established brand reputation, and ongoing support.

What are Urban Float’s future plans?

Urban Float plans to continue expanding into new states and markets, raising awareness about the benefits of floatation therapy, and providing top-notch services to help individuals achieve relaxation, stress relief, and overall well-being.