iCRYO is a wellness franchise offering cryotherapy, infrared sauna, and other health and wellness services, promoting recovery, pain management, and overall well-being.
KEY FRANCHISE STATS
Franchisees
?
22
+
144%
144%
Franchise fee
?
$49,500
Investment
?
$475,000 - $1,205,000
Revenue (AUV)
?
Undisclosed
$0
+
n.a.
n.a.
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iCRYO is a rapidly growing wellness franchise known for delivering cutting-edge services like cryotherapy, iV infusions, and other recovery-focused treatments. Established in October 2015 by Kyle Jones in League City, Texas, the brand has quickly scaled across the country, maintaining its headquarters in its founding city.
Shortly after launching, iCRYO entered the franchising space and, by 2023, had awarded and developed over 300 franchise locations nationwide. The brand offers a diverse range of services designed to support physical recovery and enhance overall well-being.
These include full-body cryotherapy, cryo facials, infrared sauna sessions, compression therapy, non-invasive body sculpting, and intravenous nutrient therapy. iCRYO's mission centers on improving lives by making high-quality wellness treatments both accessible and affordable.
Initial investment
The initial investment required for a iCRYO franchise is $475,000 - $1,205,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$49,500
Construction, Leasehold Improvements
$15,000 – $507,000
Furniture, Fixtures, and Equipment
$300,000 – $425,000
Signage
$20,000 – $47,000
Computer Software and Point of Sales System
$10,500 – $13,500
Initial Inventory
$10,000 – $15,000
Rent Deposits
$5,000 – $16,000
Utility Deposits
$0 – $1,000
Insurance Deposits and Premiums
$5,500 – $10,000
Pre-opening Travel Expense
$2,000 – $8,000
Pre-Grand Opening and Grand Opening Advertising
$20,000 – $30,000
Professional Fees
$1,000 – $3,000
Business Permits, Fees, and Licenses
$1,000 – $10,000
Additional Funds – 3 Months
$35,000 – $65,000
TOTAL ESTIMATED INITIAL INVESTMENT
$474,500 – $1,205,000
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Type of Expenditure
Amount
Initial Franchise Fee
$49,500
Construction, Leasehold Improvements
$15,000 – $507,000
Furniture, Fixtures, and Equipment
$300,000 – $425,000
Signage
$20,000 – $47,000
Computer Software and Point of Sales System
$10,500 – $13,500
Initial Inventory
$10,000 – $15,000
Rent Deposits
$5,000 – $16,000
Utility Deposits
$0 – $1,000
Insurance Deposits and Premiums
$5,500 – $10,000
Pre-opening Travel Expense
$2,000 – $8,000
Pre-Grand Opening and Grand Opening Advertising
$20,000 – $30,000
Professional Fees
$1,000 – $3,000
Business Permits, Fees, and Licenses
$1,000 – $10,000
Additional Funds – 3 Months
$35,000 – $65,000
TOTAL ESTIMATED INITIAL INVESTMENT
$474,500 – $1,205,000
Franchise Disclosure Document
Below is iCRYO's 2023 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
iCRYO had 25 total units in 2023, of which 22 were franchised-owned and 3 company-owned.
iCRYO provides a comprehensive training program designed to ensure franchisees and their staff are fully prepared to operate the business in compliance with brand standards. The training is mandatory and includes classroom, operational, and ongoing components.
Initial Training Program: iCRYO offers tuition-free initial training for up to two individuals, including the franchisee (or Operating Principal) and the Center Manager. This training takes place in the Houston, Texas area and must be completed at least 30 days before the business opens. Any additional participants are subject to a training fee, and the franchisee must cover all travel and lodging expenses.
On-Site Opening Assistance: Franchisees receive up to seven days of on-site assistance during the opening of their first center, with optional additional assistance for subsequent locations available at the franchisor’s discretion and cost.
Employee and Manager Training: All employees must complete and pass iCRYO's internal training before beginning work. Any new or replacement Center Managers are required to complete the initial training before taking on managerial duties.
Territory Protection
iCRYO grants its franchisees a defined "Territory" around their approved business location, typically described by a three-mile radius or geographic boundaries such as ZIP codes or city lines.
As long as the franchisee remains in compliance with the Franchise Agreement, iCRYO agrees not to open or license another iCRYO Center within this Territory during the agreement term. However, the Territory is not considered exclusive.
Although no other iCRYO Centers will be physically located in the Territory, the franchisee may face competition from other franchisees soliciting clients from within the same area.
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