Do you want to start a cryotherapy business by buying a franchise? If YES, here are 6 best cryotherapy franchise opportunities for sale and their cost. Cryotherapy, sometimes known as cold therapy, is the local or general use of low temperatures in medical therapy. Cryotherapy may be used to treat a variety of tissue lesions and other issues.
Adoption of minimally invasive procedures during surgery and the surging prevalence of cancer have led to increased use of cryotherapy for various applications including treatment of cancer, cardiac conditions, and pain management.
Cryotherapy is utilized when carrying out various treatment methods including cryosurgery, ice pack therapy, and chamber therapy for the treatment of different conditions such as malignant and benign tissue damage and pain management. Liquid nitrogen, carbon dioxide, argon, and dimethyl ether- propane are mainly employed in cryotherapy.
These gases are used externally with the help of a spray or cotton swab and through cryo probes in internal surgeries wherein gas is applied to the targeted cells. An MRI or ultrasound is used to trace the tumor and monitor the procedure.
6 Best Cryotherapy Franchise Opportunities for Sale and Their Cost
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iCryo
iCRYO cryotherapy is an affordable, convenient, and professional service that is geared toward elevating your health and lifestyle. iCRYO launched in October 2015, is setting the standard for the cryotherapy industry in the United States.
Education, training, and safety are the 3 keys to the success of this business. Cryotherapy is rapidly becoming popular with the masses and iCRYO is getting set to disrupt the market with their franchise system. iCRYO is pioneering the success of entrepreneurs that need a turn-key solution.
iCryo has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable and payroll.
Financial Requirements
- Initial Investment – $239,400 – $591,800
- Net-worth Requirement – $500,000
- Liquid Cash Requirement – $50,000 – $125,000
- Initial Franchise Fee – $39,000 – $39,000
- Ongoing Royalty Fee – 6%
- Ad Royalty Fee – 1%
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US Cryotherapy Franchise
Founded in 2011, US Cryotherapy has continuously provided a safe and natural alternative for the health and wellness needs of the populace. Their whole body cryotherapy chamber stimulates cold shock, which starts the body’s self-repair process.
Activating your body’s self-repair means faster recovery, anti-inflammation, pain management, enhanced mood, stress, skin, and sleep. US cryotherapy is taking the market by storm by introducing its franchise.
Financial Requirements
- Initial Investment: $300,000
- Net Worth: $500k+
- Liquidity: $100k+
- Franchise Fees: $20k To $30k (C1 Small Center Vs Large Center)
- Royalty: 6% Of Gross Sales + 1% National Marketing Fund
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Glace Cryotherapy
Glace Cryotherapy is a science-backed, quick, cutting-edge business that is designed for recovery. It is a performance center that focuses on helping its clients and members achieve whole body wellness. Glace Cryotherapy was founded in 2014 by millennial entrepreneurs Skyler and Brittney Scarlett.
The siblings obtained loans, used credit cards and with help from their father, who sold his home opened one of the first stand-alone spas in the U.S. in their tiny hometown of Carmel, CA. In 2015 they were chosen out of thousands of applicants to appear on ABC’s smash hit show, Shark Tank.
After their successful appearance, they struck a deal with Fitness International to bring their Cryotherapy brand to select locations across America. Their first City Sports Club location opened in 2017 in Mountain View, CA. The company is now offer franchises in the United States.
Financial Requirements
- Initial Investment: $124,700 – $202,500
- Franchise Fee: $30,000
- Royalty: 7%
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Icebox Cryotherapy
Icebox Cryotherapy is a leading provider of non-invasive cold therapy focusing on athletic recovery, pain management, and overall health, beauty and wellness. Icebox provides safe and natural therapeutic programs to aid in athletic performance, inflammation reduction, increased metabolism, anti- aging and skin renewal.
Utilized worldwide since the 1970’s to enhance recovery from joint disease sufferers to elite athletes, whole body cryotherapy (WBC) has proven to be a powerful therapy for inflammatory disorders and injuries. Icebox pioneered the introduction of Cryotherapy to the retail world in a luxurious spa-like setting.
It is a cutting-edge business excelling in unrivaled client service, and is a leading provider in the United States for non-invasive cold therapies. The company focuses on athletic recovery, pain-management, overall health, beauty, and wellness. Cryotherapy provides a multi-beneficial response that triggers the body’s natural healing process in just 3 minutes.
Financial Requirements
- Minimum Cash Required: $50,000
- Total Investment: $280,000- $340,000
- Franchise Fee: $45,000
- Royalty Fees: 5%
- Ad Fees: 1.5%
5. CryoNow
Created in 2014, CryoNow offers life changing recovery treatment with the aim of helping their clients reach their goals of better performance, quicker recovery, pain management and overall health and wellness. Founder Brian Wesley took his own experience and rapid recovery and wanted to share it with others. The company offers services such as whole-body cryotherapy, compression therapy, Ozone Steam Sauna and massage chair therapy.
You can choose to own a single unit franchise which allows you to operate your own CryoNow in a protected territory of your choice. They also offer area development Franchises for those looking to lock down a larger territory and slowly build a series of CryoNow locations/territories.
Finance Information
- Investments: $122,670 – $197,860
- Franchise fee: $24,900
- Royalty fee: 6%
- Minimum Cash: $24,900
- Net Worth: $24,900
6. Synergy Cryo Space
Synergy Cryo Space cryo capsule is developed and serially produced by Grand Cryo Russian company. It is a high-tech camera of a new type, which looks like thermally insulated chamber of individual use. It has even effect on the 98% of patient’s skin surface (with the exception of the face) by a stream of air-nitrogen mixture cooled to -160 °C.
The usage of cryo capsules Synergy Cryo Space together with other therapeutic manipulations allow clients to achieve good results in treatment of different diseases, including musculoskeletal system, vascular pathology, skin and allergic diseases, psoriasis, neuroses and depressions, male and female sexual disorders, hormonal dysfunctions, and have a remarkable rejuvenating effect.
Two minutes of cryotherapy activates metabolic processes to such intensity that during the procedure the patient loses 3-4 kg of fat, which provides excellent results in treatment of obesity and metabolic syndrome. Synergy Cryo Space cryo capsule is a modern medical cryo equipment that meets all medical and technical requirements and has no analogues in its class either in efficiency, in ergonomics, or in design.
Financial Requirements
- Initial investments: from $51,400
- Average turnover per month: from $13,360
- Royalties: 5%
- Franchise fees: none
- Other current payments: $1,490