2/10

Franchimp Summary Rating

2 /10
Investment Accessibility
Higher than 87% of peers

Franchise Summary

Description
The franchises described in this disclosure document are for the operation of a retail Cryotherapy spa specializing in the use of cryosaunas to provide whole body cryotherapy under the name Glace Cryotherapy™. Your market includes the general public, but primarily adult men and women who suffer from excess inflammation, injuries, aches and pains; seek athletic recovery; or are looking for an overall better sense of wellbeing.
Corporate Structure
Glace Franchising LLC is a California limited liability company formed on February 22, 2016 to franchise a business specializing in the provision of Cryotherapy under the name Glace Cryotherapy™. Their principal business address is 3777 The Barnyard, Suite I-14; Carmel, California 93923. They began offering franchises in February 2016.
Investment and Franchisee Fees
The total investment necessary to begin operation of the Glace Cryotherapy™ franchise is between $124,700 and $202,500. This includes a $30,000 franchise fee that must be paid to the franchisor.

Glace Cryotherapy Franchise System Development in 2016

FAQ

How much investment do I need to start my own Glace Cryotherapy business?
Franchisees typically require at least $124,700 to $202,500 investment to get their Glace Cryotherapy business started
What are the initial franchise fees for Glace Cryotherapy?
Franchisees typically need to pay at least $30,000 in fees directly to Glace Cryotherapy in order to earn the right to launch their business
How much money can I make with a Glace Cryotherapy franchise? What are the average revenues for a typical Glace Cryotherapy business?
We haven’t done the math on how much revenue a typical Glace Cryotherapy brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $579,475 revenue, so we would expect Glace Cryotherapy to generate a similar amount
How long do I need to commit to running a Glace Cryotherapy unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

2 /10
The Franchisor's investment costs ranges from $639,239 to $978,710 which is Much Higher than the $0 to $0 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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