Upgrade Labs

Upgrade Labs

Information based on 2024 FDD

Health & Wellness · Alternative Care

Investment min
$662K
Total: $662K–$1M
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$65K
Per current disclosure
Royalty
6%
of gross revenue
Locations
2
Franchising since 2021

Description

What is Upgrade Labs?

Upgrade Labs stands at the forefront of the biohacking and wellness revolution, offering a unique blend of cutting-edge technology and personalized health optimization services. As the world's first biohacking fitness franchise, Upgrade Labs delivers an innovative approach to health and wellness that goes beyond traditional fitness centers.

The concept, born from the vision of biohacking pioneer Dave Asprey, combines advanced technology with data-driven methodologies to help clients achieve optimal physical and mental performance. Their facilities feature state-of-the-art equipment and proprietary protocols that can deliver better results in less time compared to conventional workout methods.

What sets Upgrade Labs apart is their comprehensive approach to wellness. Members have access to advanced recovery technologies, adaptive resistance equipment, and cognitive enhancement tools - all designed to optimize both body and mind. Their signature services include cryotherapy, infrared light therapy, atmospheric cell training, and specialized brain training programs.

The franchise caters to a growing market of health-conscious individuals seeking personalized, efficient, and scientifically-backed wellness solutions. Each location operates as a high-end, technology-driven facility where clients can access treatments previously available only to elite athletes and executives. The brand's commitment to continuous innovation and evidence-based practices positions franchise owners at the cutting edge of the wellness industry.

For entrepreneurs passionate about health and wellness, Upgrade Labs offers the opportunity to own a business that's reshaping the future of fitness and personal optimization. Their business model combines the stability of the health sector with the excitement of emerging wellness technologies.
  • Cutting-edge biohacking technology platform
  • Premium wellness market positioning
  • Affluent target demographic appeal
  • Emerging high-growth industry sector
  • Exclusive territory development opportunities
  • Advanced recovery equipment systems

Location Analysis

Where Upgrade Labs wins

Upgrade Labs, a pioneering health and wellness franchise in the alternative care sector, maintains an emerging presence in the market, with locations currently operating in select regions. As a relatively new franchise established in 2017, the brand has yet to establish widespread coverage across multiple states, indicating significant untapped market potential. While current performance metrics and customer ratings data are not yet available in public databases, Upgrade Labs positions itself uniquely in the emerging biohacking and advanced wellness space.

The ideal location profile for Upgrade Labs suggests targeting affluent, health-conscious urban and suburban markets with high disposable income and strong interest in cutting-edge wellness solutions. Prime locations would include upscale retail centers, medical office complexes, or high-end fitness facility clusters in metropolitan areas with a demonstrated appetite for innovative health services.

Key demographic factors for successful locations include populations with median household incomes above $100,000, high concentration of professionals aged 30-55, and areas with established wellness and fitness communities. Markets with strong tech industry presence may be particularly receptive to Upgrade Labs' innovative approach.

While the brand's current market coverage presents some risk factors for prospective franchisees, it also offers first-mover advantages in many markets. Potential franchisees should focus on regions with proven demand for premium wellness services and limited direct competition in the biohacking space.
Total US locations
3
Franchise units
2
Corporate locations
1
Avg. sq. footage
N/A
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Financial Analysis

The numbers behind Upgrade Labs

Avg gross revenueN/A
Investment range$661,500 – $1,340,700
Investment midpoint$1,001,100
Brand fund2%
Royalty6%
Franchise fee$65,000
Min. net worth
Min. liquid capital
Upgrade Labs requires a substantial investment of $661,500 to $1,340,700, positioning it as a premium franchise opportunity in the alternative care sector. This investment range significantly exceeds the sub-sector averages of $294,531 to $623,123, reflecting the brand's high-tech biohacking and recovery equipment requirements. The elevated capital needs likely include sophisticated technology platforms, specialized recovery devices, and premium facility buildouts targeting affluent health-conscious consumers.

The health and wellness industry continues experiencing robust growth, driven by increasing consumer focus on preventive care and performance optimization. Biohacking and recovery services represent an emerging niche within this expanding market, appealing to athletes, executives, and wellness enthusiasts seeking cutting-edge health solutions.

With only 3 units and 7 years of operation since 2017, Upgrade Labs represents an early-stage franchise system with limited operational track record. This nascent scale presents both opportunity and risk - potential for significant territory availability but less proven system infrastructure and brand recognition compared to established competitors.

Ideal investors should possess substantial liquid capital given the premium investment requirements, along with experience in high-end service businesses or wellness industries. The sophisticated technology and clientele demand operational excellence and strong business acumen. Multi-unit development potential exists in affluent markets with health-conscious demographics.

Prospective franchisees must carefully evaluate the franchisor's support systems, training programs, and territory development plans given the system's early stage. Thorough FDD review and existing franchisee validation are essential for this premium investment opportunity.
Did you know? Did you know that launching your own Upgrade Labs biohacking and wellness franchise - complete with cutting-edge recovery technology like cryotherapy, infrared saunas, and compression therapy - requires a total investment between $661,500 and $1,340,700, which includes the $65,000 franchise fee plus all the specialized equipment, buildout costs, and working capital needed to bring this revolutionary health optimization experience 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

$662K–$1M
Most common
$661,500
Minimum
$1,001,100
Midpoint
$1,340,700
Maximum

Per FDD Item 7, total initial investment ranges from $661,500 to $1,340,700. The midpoint $1,001,100 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

+50% YoY
432210
2020
2021
2022
2023
2024
3 units open as of 2024 FDD+1 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Upgrade Labs's 2024 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 2024 FDD

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

Buyer FAQs

Frequently asked questions

The initial investment for a Upgrade Labs franchise typically ranges between $661,500.00 and $1,340,700.00. 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 2024. 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.

Upgrade Labs
Upgrade Labs
N/A avg revenue · 2+ US franchises

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