iCRYO

iCRYO

Information based on 2023 FDD

Health & Wellness · Alternative Care

Investment min
$475K
Total: $475K–$1M
Avg gross revenue
N/A
Unit-level, 2023
Franchise fee
$50K
Per current disclosure
Royalty
5% - 6.5%
Locations
22
Franchising since 2017

Description

What is iCRYO?

iCRYO is a pioneering health and wellness franchise that has revolutionized the recovery and wellness industry since 2015. This innovative concept combines cutting-edge cryotherapy treatments with a comprehensive suite of wellness services designed to enhance physical recovery, boost overall health, and promote longevity.

At the heart of iCRYO's success is their diverse range of science-backed treatments, including whole-body cryotherapy, infrared sauna therapy, compression therapy, red light therapy, and IV vitamin infusions. Their state-of-the-art facilities provide a premium, spa-like environment where clients can access multiple wellness solutions under one roof.

What sets iCRYO apart is their commitment to personalized care and exceptional customer service. Their highly trained staff, including registered nurses and wellness experts, work closely with clients to create customized treatment plans that address specific health goals, whether it's athletic recovery, pain management, aesthetic improvements, or overall wellness optimization.

The franchise has garnered an impressive reputation for its clean, modern facilities and professional atmosphere. Clients consistently praise the knowledgeable staff, efficient service, and notable results across various treatments. The brand's mobile app makes booking appointments seamless, while their membership model provides value and flexibility for regular clients.

For entrepreneurs interested in the booming wellness industry, iCRYO offers a proven business model with multiple revenue streams and a strong focus on client retention. The franchise provides comprehensive training, ongoing support, and a recognized brand name in the growing alternative healthcare sector.
  • Multiple science-backed therapy offerings
  • Membership-based recurring revenue model
  • Premium wellness market positioning
  • Medically-driven retail center approach
  • Comprehensive lifestyle service portfolio
  • Professional affordable wellness solutions

Location Analysis

Where iCRYO wins

iCRYO demonstrates a strategic geographic presence across multiple states, with notable market penetration concentrated primarily in the Southeast and Texas markets. The franchise shows particular strength in Texas, with significant presence in the Carolinas, New York, and Florida. This distribution suggests a successful expansion strategy from its Texas base into high-growth metropolitan markets.

The franchise's exceptional customer satisfaction ratings across thousands of customer reviews indicates strong operational consistency and service quality across diverse markets. This high satisfaction rate is particularly noteworthy in the competitive health and wellness sector, suggesting effective market positioning and service delivery.

Market analysis reveals iCRYO's preference for affluent suburban locations with high disposable income and health-conscious demographics. Ideal locations typically feature proximity to complementary wellness businesses, fitness centers, and medical facilities. The franchise shows particular success in markets with established wellness communities and higher educational attainment.

Significant expansion opportunities exist in untapped Midwest and Western markets, where the cryotherapy and wellness sector remains underserved. The franchise's proven success in diverse markets from Texas to New York demonstrates adaptability across different demographic profiles and regulatory environments. Prospective franchisees should focus on upper-middle-income areas with strong healthcare infrastructure and wellness-oriented consumer bases.
Total US locations
25
Franchise units
22
Corporate locations
3
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind iCRYO

Avg gross revenueN/A
Investment range$474,500 – $1,205,000
Investment midpoint$839,750
Brand fund1%
Royalty5% - 6.5%
Franchise fee$49,500
Min. net worth
Min. liquid capital
iCRYO requires a substantial initial investment of $474,500-$1,205,000, positioning it as a premium franchise opportunity within the alternative care sector. This investment range significantly exceeds the sub-sector averages of $294,531-$623,123, reflecting the capital-intensive nature of specialized wellness equipment including cryotherapy chambers, infrared saunas, and IV therapy infrastructure. The wellness industry benefits from strong demographic trends with increasing consumer focus on preventive health and recovery therapies, particularly among affluent demographics seeking alternative wellness solutions. However, the franchise system remains in early development with only 25 units since its 2015 establishment, indicating limited operational track record and market validation compared to mature franchise systems. This nascent stage presents both opportunity and risk - early market positioning advantage versus unproven scalability. The multi-service model combining cryotherapy, IV therapy, and body sculpting creates operational complexity requiring specialized training and regulatory compliance. Ideal investors should possess substantial liquid capital given the high investment threshold, preferably with healthcare or wellness industry experience to navigate regulatory requirements. The membership-based revenue model with lifestyle passes suggests recurring income potential, though market penetration depends heavily on local demographics and disposable income levels. Territory exclusivity and multi-unit development opportunities may appeal to investors seeking market dominance in affluent suburban markets. Prospective franchisees must carefully evaluate local market demand for premium wellness services and review the FDD for detailed operational requirements and franchisor support structures.
Did you know? Did you know that launching your own iCRYO cryotherapy and wellness franchise requires a total investment between $474,500 and $1,205,000, which covers everything from the $49,500 franchise fee to all the cutting-edge cryotherapy equipment, build-out costs, and working capital needed to bring this hot wellness trend to your community?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$475K–$1M
Most common
$474,500
Minimum
$839,750
Midpoint
$1,205,000
Maximum

Per FDD Item 7, total initial investment ranges from $474,500 to $1,205,000. The midpoint $839,750 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

+47% YoY
3024181260
2016
2017
2018
2019
2020
2021
2022
2023
25 units open as of 2023 FDD+8 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for iCRYO's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a iCRYO franchise typically ranges between $474,500.00 and $1,205,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

iCRYO
iCRYO
N/A avg revenue · 22+ US franchises

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