Floatology
Claimed
725 South Rural Road Suite #220
Tempe, Arizona, United States
Address
City: Tempe
Neighborhood: University Heights
State: Arizona
Postal Code: 85281
Country: United States
Business facts
Estimated annual revenue~$367.8K
Estimated employees~5
Annual payroll (2021)~$20.8K
In business since2019
Based on reported payroll data
Area statistics (85281)
Population68,623
Median household income$55,572
Source: US Census ACS
About
Floatology offers a redefined float therapy experience with full-sized float tanks, no-nonsense pricing, and a state-of-the-art filtration system. The spacious, USA-manufactured tanks provide a zero gravity, lightproof, and soundproof environment for deep relaxation, healing, and meditation. Research has shown that float therapy can relieve stress and pain, boost endorphin production, and form new neural connections.
💳
Credit Cards
Yes
🏳️🌈
LGBTQ Friendly
Yes
📅
Reservations
Yes
🚻
Restroom
Yes
♿
Wheelchair Accessible
Restroom, Yes
📶
Wi-Fi
Free
Market analysis
Earning above its category median in a growing category (Day spa).
EstimateCategory trend: 2024, +7.1%
Revenue trend (modeled)
~$227.4K2019
~$211.4K2020
~$307.8K2021
~$326.5K2022
~$342.9K2023
~$367.8K2024
Modeled from official industry statistics+10.1%/yr since 201980% confidence band: ±42%
Property
Lot size10 acres
ZoningCONTACT LOCAL JURISDICTION
CountyMaricopa
Parcel ownerCORNERSTONE RETAIL LLC
On this lotshared with 59 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$7.0K · 7 jobs reported
EIDL disaster loan (2020)$4.3K
Second PPP loan (2021)$4.3K · 5 jobs reported · $4.4K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Day spa in Arizona | 1,986 | ~$1.2B | ~$594.9K | ~$199.6K | 4.9★ | 1.8× |
Category revenue trend2024: +7.1%2023: +9.9%2022: +21.9%2021: +18.1%Modeled from business-level estimates
Chain pressure126 chains expanding in this category, led by PetSmart Grooming, In Touch, Petco Grooming (+4,576 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 381 | ~$605.8M | ~$1.6M | ~$782.2K | 3,066 | ~$260.4M | 0.5× |
| Human health and social work activities | 53 | ~$120.1M | ~$2.3M | — | 457 | — | — |
| Arts, entertainment and recreation | 25 | ~$54.3M | ~$2.2M | — | 225 | — | — |
| Other service activities | 15 | ~$17.7M | ~$1.2M | — | 95 | — | — |
1 km area (all businesses): median from the 311 of 381 businesses with estimates
Estimate
Area conditions (85281)
Population68,623 ±2,234
Median household income$55,572 ±$3,445
Median home value$333,600
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS