Table of Contents
About Urban Float
- Founded by Scott Swerland and Joe Beaudry.
- Originated from Beaudry’s wellness journey, later discovering floatation therapy’s advantages.
- Joe Beaudry primarily tried floating in a stranger’s empty rental properties, leading to a revolutionary experience.
- Scott Swerland joined, then he strategized market potential. And within 12 months, they started their first Urban Float office in Seattle.
- Urban float update: Still in business and amass a total of $1 million every year.
Urban Float net worth 2024: $5 million.
Urban Float Ringwood: Rated 4.9214 Google reviews.
Wellness center in Ringwood, Australia.
- Address: Address: 5/36-40 New St, Ringwood VIC 3134, Australia
- Hours:
- Closed ⋅ Opens 9 am Tue
- Phone: +61 3 9870 4777.
Urban Float Tacoma: Urban Float – University Place
Rated 4.7 with 122 Google reviews.
Spa in University Place, Washington.
- Address: 3633 Market Pl W, University Place, WA 98466, United States
- Hours:
- Closed ⋅ Opens 9:30 am
- Martin Luther King Jr. Day might affect these hours
- Phone: +1 253-533-7300
Urban Float Renton: Urban Float – Renton
Rated 4.0 with 100 Google reviews.
Spa in Renton, Washington.
- Address: 727 N 10th St B, Renton, WA 98057, United States
- Hours:
- Closed ⋅ Opens 11 am Tue
- Martin Luther King Jr. Day might affect these hours
- Phone: +1 206-257-4333
- Products and services: urbanfloat.com
Urban Float Vancouver wa: Urban Float – Vancouver
Rated 4.7 with a total 164 Google reviews.
A spa in Vancouver, Washington.
- Located in: Grand Central Retail Center
- Address: 104 Grand Blvd #110, Vancouver, WA 98661, United States
- Phone: +1 360-718-7083
Urban Float Social Media
Urban Float Net Worth And Financials
- In the Shark Tank pitch, the company Urban Float net worth $1.1 million through sales.
- $600,000 nice cash flow, and then $1 million in debt.
- In 2017, Urban Float reported $1.3 million in revenue, with similar returns in 2018 and 2019.
- Estimated net worth 2024: $5 million.
- Potential businesses anticipated to invest between $450,000 and $1.06 million. Also, they’ve got an annual franchise fee of $40,000.
Shark Tank Pitch (Season 6, Episode 10 – 2014):
Matt Higgins, a guest Shark, offered $500,000 for 15% of the stake of Urban Float. Later the deal was refined to 12.5%. Joe and Scott both nodded to the offer.
Business Growth:
- Entrepreneurs: Joe Beaudry and Scott Swerland
- Business: Spas and Relaxation
- Ask: $500,000 for 5% equity
Other Sharks: Lori Greiner, Daymond John and Mark Cuban
Mark Cuban and others dropped out due to concerns about the demand for the relaxation technique and financial debt.
Massive growth post-Shark Tank with exposure and increased brand awareness.
Expanded offline with locations in Delaware, Texas, Ohio, and Washington.
Franchising models ventured, opening new offers for new business folks.
Urban Float Post-Shark Tank Update
- Urban Float has expanded more and rocked in business since its exposure on Shark Tank in Season 10.
- The deal with Matt Higgins was not finalized, but the company grew its franchising business model.
- Regularly hits up to $1 million in an average revenue yearly.
- The company’s new opportunities can be found on their website.
FAQs
What did Urban Float do after Shark Tank?
After the Shark Tank show the business has witnessed remarkable success after Shark Tank.
Who owns Urban Float?
Scott Swerland and Joe Beaudry are the owners of Urban Float. A guy named Matt Higgins bought a 12.5% stake
Who is the CEO of Urban Float?
Scott Swerland is the CEO of Urban Float.
Is Shark Tank real or fake?
It’s a real TV show.
What is floatation therapy good for?
Flotation therapy goods for enhancing mood and reducing anxiety so overall it benefits the therapy takers.
Is the Urban Float still in business?
Yes, it’s still in business from Washington to Vancouver and even in Australia! Get all the details above.
How much is Urban Float worth?
As of 2024, Urban Float has a worth of $5 million.
