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Icebox Cryotherapy is an innovative cold therapy studio specializing in athletic recovery, pain management, wellness & skin health set in an upscale spa-like environment. Their membership-based business model provides 6 recurring revenue streams to help form a resilient and successful business. They provide franchisees with comprehensive training and continued support to ensure success. Franchisees often hire managers to run the day-to-day operations, but to be successful they need to lead the entire team and business.
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Liquid capital required
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$200,000
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Net worth required
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$600,000
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Investment
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$372,900 - $639,700
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Franchise fee
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$45,000 - $76,500
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Royalty
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7.0%
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Veterans Discount
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Yes
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Units in operation
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19
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Founded
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2012
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Franchising Since
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2018
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What is it?
- Icebox Cryotherapy Studio is an innovative cold therapy studio specializing in athletic recovery, pain management, wellness & skin health and offers 6 streams of recurring revenues that provide a reliable and steady cash flow
- Offers whole-body cryotherapy, localized therapy, compression therapy, red light therapy, cryofacials, and cryotherma in an upscale spa-like setting
- Franchisees can hire managers to run the day-to-day operations, but to be successful they need to lead the entire team and business
How does it make money?
- Membership-Based Model: the 6 streams of revenue include memberships, skin treatments, cryotherapy, enhancers, retail products, and gift card sales
Who is it for?
- Individuals with leadership and managerial skills, who are motivated and coachable
- Someone with a growth mindset who wants to scale a business
- A wellness enthusiast ready to transform their passion into a meaningful business
- Someone drawn to the innovative and resilient opportunities in the health and wellness sector
What would you do as a franchisee?
- Build and manage your team
- Connect with the community to build relationships with referral partners to grow your business and the Icebox Cryotherapy Studio brand
Icebox Cryotherapy
Experience Our Level of Cool
About Us
Icebox Cryotherapy proudly stands as the first brick-and-mortar retail cryotherapy studio in the US. Our mission is to elevate physical and mental well-being, accelerate recovery, and alleviate pain through a wide array of services.
We are an innovative cold therapy studio specializing in athletic recovery, pain management, wellness & skin health. Set in an upscale spa-like environment, we offer whole-body cryotherapy, localized therapy, compression therapy, red light therapy, cryofacials, and cryotherma. What sets us apart is not just the services we provide but our highly trained and friendly staff dedicated to providing outstanding member experiences.
Why Franchise with Us
Unlike many health and wellness concepts, Icebox Therapy Franchise is innovatively simple, allowing franchise partners to deliver a life-changing solution to their community, tap into a billion-dollar Industry, and build wealth through our scalable business model.
Industry Growth & Demand: Icebox franchise offers a unique opportunity to be part of a rapidly growing industry, with the cryotherapy market projected to reach significant global and US market values by 2030 and 2026, respectively. This growth is driven by increasing demand for holistic, minimally invasive health solutions, a niche Icebox is expertly positioned to fill.
Membership-Based Model: Our membership-based business model, anchored in recurring revenues, diversifies across six streams, forming a well-rounded and resilient business model. Icebox franchisees also benefit from a high guest retention rate, surpassing industry benchmarks.
High Guest Retention: At the core of our competitive edge is an impressive guest retention rate of 90%, far surpassing the typical retail benchmark of 60%. Our strategy involves monitoring and analyzing key metrics, including door swings, conversion rates, and retention, to empower each franchisee with actionable insights.
Simple Staffing Roster: The streamlined staffing strategy focuses on a small, skilled team, optimizing operations and payroll. Furthermore, our Strategic Success Blueprint offers comprehensive support from the start, including site selection, training, and marketing, with dedicated Field Educators and Business Coaches who consistently focus on driving revenues while minimizing expenses.
Strategic Success Blueprint: Our strategic success blueprint is strengthened by a supportive ecosystem, crucial from the very start of a franchisee's journey. Our phased approach builds franchisee confidence in building an effective studio while closely monitoring progress.
Commitment to Culture: Our commitment to culture, from the Home Office to each studio, emphasizes community involvement and impactful business practices, solidifying Icebox as a leader in the wellness industry and offering a solid investment opportunity.
Our Ideal Candidate
Our ideal candidate embodies a unique blend of qualities essential for success in the dynamic world of wellness franchising. We are looking for individuals who demonstrate strong leadership and managerial skills, coupled with the motivation to excel and a willingness to learn and adapt. A growth mindset is crucial; we seek those who are not just running a business, but are eager to scale and expand it, understanding the evolving landscape of the wellness industry. Additionally, being a wellness enthusiast is key. We want partners who are not only passionate about wellness but are ready to channel that passion into creating a meaningful and impactful business. At Icebox, we believe these traits are the foundation for a successful and rewarding journey in bringing Icebox to communities everywhere.
Training and Support
We provide the following initial and ongoing training and support:
- Help finding a location, negotiating your lease, and assisting in local vendor relations
- Complete store design, development, and construction support services
- Full integration with our customized technology platform to support franchisees
- Comprehensive operations manual, training manual, and videos
- Full onsite training for you and your team
- Marketing support and guidance including Social Media, Public Relations, and full collateral packages
- Pre-opening training at your newly constructed studios
So if you are a wellness enthusiast looking for an exciting opportunity in this billion-dollar industry, contact a representative today!
