2/10

Franchimp Summary Rating

2 /10
Higher than 89% of peers

Franchise Summary

Description
As a franchisee, you will operate an iCRYO cryotherapy centerfranchiseoffering cryotherapy and related services.
Company Background
iCRYO cryotherapy centers offer a patented and clinically proven treatment that helps people recover from injuries, chronic pain, skin conditions and more. We also provide memberships for those who want to use our facility on an occasional basis. iCRYO is the only cryotherapy franchise in America with a patent pending on our proprietary technology. Our company currently has over 150 franchises across the globe and we are looking to add many more!
Franchise Opportunity
Cryotherapy is a great way to reduce pain, inflammation and soreness. But it's also hard for most people to take the time out of their busy day to go cryo. iCRYO offers the only mobile cryotherapy service in your area with convenient hours that fit into your schedule. We have added an additional hour on both ends of our business hours so you can get in and out quickly without losing any more time from work or family activities. Our mobile cryotherapy services are perfect for athletes who want to recover faster after training sessions, working professionals who need relief from aches and pains before going back into the office, individuals who enjoy relaxing spa treatments but don't have time during the week, seniors coping with arthritis or osteoporosis, and anyone looking for fast-acting results!
Corporate Structure
iCRYO Franchise Systems, LLC is a Texas limited liability company formed in September, 2017 and maintains its principal business address at 14200 Gulf Freeway, Suite 210, Houston, Texas 77034. They started offering franchises in September, 2017.
Royalties and Marketing Fees

Royalties : 7.0% of revenue

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

iCRYO Franchise System Development in 2022

FAQ

How much investment do I need to start my own iCRYO business?
Franchisees typically require at least $474 to $1 investment to get their iCRYO business started
What are the initial franchise fees for iCRYO?
Franchisees typically need to pay at least $409 in fees directly to iCRYO in order to earn the right to launch their business
How much money can I make with a iCRYO franchise? What are the average revenues for a typical iCRYO business?
We haven’t done the math on how much revenue a typical iCRYO brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $579,831 revenue, so we would expect iCRYO to generate a similar amount
How long do I need to commit to running a iCRYO unit? What is my contractual commitment?
iCRYO franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

2 /10
The Franchisor's investment costs ranges from $474,500 to $1,205,000 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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