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Rates
Icebox Cryotherapy

Icebox Cryotherapy

Franchising since 2012 · 9 locations

The total investment to open a Icebox Cryotherapy franchise ranges from $254,550 - $682,750. The initial franchise fee is $45,000. Ongoing royalties are 7% plus a 1.5% advertising fee. Icebox Cryotherapy currently operates 9 locations (9 franchised). PeerSense FPI health score: 52/100.

Investment

$254,550 - $682,750

Franchise Fee

$45,000

Total Units

9

9 franchised

FPI Score
Medium
52

Proprietary PeerSense metric

Moderate
Capital Partners
7lenders available

Active capital sources verified for Icebox Cryotherapy financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

Medium Confidence
52out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 10 loans charged off

SBA Loans

10

Total Volume

$3.7M

Active Lenders

7

States

5

What is the Icebox Cryotherapy franchise?

The landscape of wellness and recovery presents a compelling, yet complex, proposition for prospective franchise investors, who often grapple with the critical challenge of identifying a truly differentiated brand amidst a sea of emerging concepts. The core problem for these discerning investors is mitigating the inherent risks associated with capital deployment in a rapidly evolving sector, demanding a rigorous, data-driven approach to franchise selection. Blue Cryo Franchising Inc Icebox Cryotherapy positions itself as a strategic guide in this journey, offering a meticulously developed franchise opportunity within the high-growth cold therapy market. The origins of Icebox Cryotherapy trace back to a deeply personal and transformative experience in 2012, when founder Alia Alston, now the company’s CEO and visionary, discovered the profound healing capabilities of cryotherapy for a debilitating neck injury sustained in a severe car accident. This personal recovery fueled her entrepreneurial drive, leading to the establishment of the first brick-and-mortar retail cryotherapy studio in the U.S., a pioneering move that set the stage for the brand’s subsequent expansion. Headquartered in Atlanta, Georgia, Icebox Cryotherapy commenced its franchising operations in 2018, meticulously cultivating its brand and operational model. As an independent analysis by PeerSense, it is crucial to note the current verified scale of Blue Cryo Franchising Inc Icebox Cryotherapy, which comprises 9 total units, all of which are franchised units with 0 company-owned locations, reflecting a purely franchised operational strategy. However, the broader Icebox Cryotherapy network, as reported by the company, indicates a significant growth trajectory, with 18 successful studios reported in August 2023, an additional 10 under development at that time, and a further expansion to 22 locations across 10 states by October 2023. The company has since stated its proud growth to over 40 studio locations either open or under development, underscoring its aggressive expansion plans. This Blue Cryo Franchising Inc Icebox Cryotherapy franchise operates in the "Other Personal Care Services" category, specializing in innovative cold therapy services delivered within an upscale, spa-like environment, focusing on athletic recovery, pain management, wellness, and skin health. The total addressable market for cryotherapy, a key segment within this category, varies across reports, but consistently indicates substantial scale and growth potential; for instance, the market was valued at $6 billion as of August 2023 by one source. Other projections estimate the global cryotherapy market size at USD 207.5 million in 2024, projected to reach USD 325.3 million by 2030 with a Compound Annual Growth Rate (CAGR) of 7.8% from 2025 to 2030, while another report valued the global market at $213 million in 2020, projecting it to reach $392 million by 2030 with a CAGR of 7.5% from 2021 to 2030. Further analyses suggest the market grew from $9.19 billion in 2025 to $10.16 billion in 2026 at a CAGR of 10.6%, with an expectation to reach $14.31 billion in 2030 at a CAGR of 8.9%. Another source valued the cryotherapy industry size at USD 282.6 million in 2023, anticipating it to reach USD 589.5 million by 2032 with a CAGR of 8.5% from 2024 to 2032. The most expansive forecast estimates the global cryotherapy market size to grow from US$ 325.5 billion in 2026 to US$ 572.5 billion by 2033, growing at a CAGR of 8.4% during that forecast period. These varying yet uniformly optimistic projections highlight why the Blue Cryo Franchising Inc Icebox Cryotherapy franchise represents a significant consideration for investors aiming to capitalize on the burgeoning demand for specialized wellness services.

The cryotherapy market, which forms the core of the Blue Cryo Franchising Inc Icebox Cryotherapy franchise's operational focus, is characterized by a dynamic and robust growth trajectory within the broader wellness industry. While specific market valuations vary across different reports, the consensus points to a market poised for substantial expansion, attracting considerable franchise investment. For instance, the global cryotherapy market was estimated at USD 207.5 million in 2024 and is projected to reach USD 325.3 million by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of 7.8% from 2025 to 2030. Other data suggests a market size valued at $213 million in 2020, expected to nearly double to $392 million by 2030 with a CAGR of 7.5% from 2021 to 2030. More optimistic forecasts show the market growing from $9.19 billion in 2025 to $10.16 billion in 2026 at a CAGR of 10.6%, further escalating to $14.31 billion in 2030 at a CAGR of 8.9%. Another valuation places the industry at USD 282.6 million in 2023, anticipating a surge to USD 589.5 million by 2032 with an 8.5% CAGR from 2024 to 2032. The most ambitious projection estimates the global cryotherapy market size to expand from US$ 325.5 billion in 2026 to US$ 572.5 billion by 2033, reflecting an 8.4% CAGR during this period. These figures, despite their numerical differences, all underscore a powerful trend of increasing consumer adoption and market maturation. Key consumer trends driving this escalating demand include a significant shift towards holistic, minimally invasive health solutions and procedures, directly aligning with the specialized services offered by the Blue Cryo Franchising Inc Icebox Cryotherapy franchise. The increasing popularity of cryotherapy for diverse applications such as sports and fitness recovery, effective pain management, and general athletic enhancement represents a strong secular tailwind benefiting the brand. Furthermore, growing consumer awareness regarding the myriad benefits of cryotherapy, coupled with a heightened focus on wellness and self-care, particularly in the post-COVID-19 era, has significantly broadened the target demographic. Rising disposable incomes across key markets, alongside a discernible shift towards alternative wellness modalities, further fuel this industry's growth. Advancements in cryotherapy devices and the continuous expansion of clinical applications also contribute to the market's robust trajectory. The competitive dynamics within this industry, as suggested by Icebox Cryotherapy's "nascent stage" allowing franchisees to select prime markets, indicate a fragmented landscape ripe for strategic regional presence and brand consolidation. North America stands out as a dominant region in the global cryotherapy market, holding a substantial revenue share of 57.4% in 2024, with the U.S. market alone dominating North America with an 89.4% revenue share in the same year, making it an exceptionally attractive geography for the Blue Cryo Franchising Inc Icebox Cryotherapy franchise. This regional leadership is projected to persist due to advanced healthcare infrastructure and strong adoption of sports medicine. Asia Pacific is identified as the fastest-growing region, with a projected CAGR of 10.5% in the forecast period, signaling future international opportunities. In terms of product segmentation, cryochambers dominated the market with a 51.7% share in 2024, and cryogenic chambers are expected to lead in 2025 with a 38.8% share, while beauty and wellness applications secured a leading 32.5% revenue share in 2024, and cryotherapy centers held the largest market share of 48.8% in 2024, all of which directly support the Blue Cryo Franchising Inc Icebox Cryotherapy franchise model.

Investing in a Blue Cryo Franchising Inc Icebox Cryotherapy franchise involves specific financial requirements and various fees, reflecting its positioning within the specialized wellness sector. The initial franchise fee has been reported with some variation across different sources, ranging from $45,000 to $76,500, with other reports citing a fee of $45,000 or $49,900. These figures generally fall within the mid-to-high range for a specialized personal care services franchise, reflecting the brand's established operational model and comprehensive support system. The total initial investment range, which encapsulates the franchise fee along with other critical startup expenses such as real estate acquisition or leasehold improvements, specialized cryotherapy equipment, initial supplies, business licenses, and essential working capital, also presents multiple reported figures, indicating flexibility or regional variations in build-out costs. These ranges include $372,900 - $639,700, $254,550 - $376,850, $438,192 - $531,046, $254,550 – $682,750, and $384,950 - $682,750. This broad spectrum suggests that the specific format, geographic location, and local market conditions significantly influence the overall capital outlay required to launch a Blue Cryo Franchising Inc Icebox Cryotherapy studio. Prospective franchisees must also meet specific financial liquidity and net worth criteria. The liquid capital required has been reported with variations of $200,000, $90,000, or $50,000, while the net worth required is cited as either $600,000 or $750,000. These requirements typically position the Blue Cryo Franchising Inc Icebox Cryotherapy franchise as a mid-to-premium tier investment, accessible to individuals or groups with substantial financial resources. Beyond the initial investment, franchisees are subject to ongoing fees designed to support the brand's continued development and operational excellence. The ongoing royalty rate is reported as 7.0% or between 6% and 7% of gross sales, which is a standard structure within the franchising industry, contributing to corporate support, research, and development. No specific advertising fee is provided in the available data. Analyzing the total cost of ownership, considering the initial investment and ongoing royalties, places the Blue Cryo Franchising Inc Icebox Cryotherapy franchise as a significant financial commitment, comparable to other high-growth, specialized service concepts rather than entry-level retail operations. The strategic investment made by Impact Brands, a Winston-Salem-based private investment company, in October 2023, further underscores the corporate backing and strategic intent to optimize and expand the consumer retail franchise concepts, providing additional financial and strategic depth to the Blue Cryo Franchising Inc Icebox Cryotherapy franchise system. For eligible candidates, Icebox Cryotherapy offers a veterans discount, providing a 10% reduction off the initial franchise fee, which can be a valuable incentive for military veterans exploring franchise opportunities.

The operating model for a Blue Cryo Franchising Inc Icebox Cryotherapy franchise is meticulously designed to deliver innovative cold therapy services within an upscale, spa-like environment, focusing on a comprehensive suite of wellness solutions. Daily operations for a franchisee revolve around providing services such as whole-body cryotherapy, localized therapy, compression therapy, red light therapy, cryofacials, and cryotherma, all aimed at athletic recovery, pain management, wellness, and skin health. The business model is strategically membership-based, which is a critical feature, as it provides six distinct recurring revenue streams, fostering predictable income and enhancing unit-level profitability. While specific staffing requirements are not explicitly detailed, the emphasis on professional development for staff, designed to keep them current with industry trends, best practices, and emerging technologies, indicates a need for trained and knowledgeable personnel to maintain the premium service standard. The core format is a brick-and-mortar retail cryotherapy studio, specifically noted as Alia Alston’s pioneering first studio in the U.S. being a "retail cryotherapy studio," implying a dedicated physical presence rather than mobile or kiosk models. Blue Cryo Franchising Inc Icebox Cryotherapy provides comprehensive training and ongoing support to its franchisees, ensuring a robust foundation for success. This includes full onsite training for both the franchisee and their team, typically ranging from 40 to 80 hours, covering all operational aspects. Additionally, pre-opening training is conducted at the newly constructed studios to ensure readiness for launch. Franchisees are equipped with a comprehensive operations manual, a detailed training manual, and instructional videos, forming a robust knowledge base. The corporate support structure extends beyond initial training, encompassing crucial assistance with location scouting, lease negotiation, and establishing local vendor relations, streamlining the setup process. Franchisees also benefit from complete store design, development, and construction support services, ensuring brand consistency and operational efficiency. A full integration with a customized technology platform is provided, optimizing various aspects of studio management and customer experience. Marketing support and guidance are extensive, including social media strategies, public relations initiatives, and full collateral packages to aid in local market penetration. Furthermore, the Blue Cryo Franchising Inc Icebox Cryotherapy franchise system offers a strategic success blueprint and cultivates a supportive ecosystem specifically designed to build franchisee confidence. A Franchise Advisory Council provides a platform for franchisee input and collaboration, fostering a sense of partnership. A dedicated Leadership Team and Area Representatives are committed to delivering the Icebox Experience nationwide, offering ongoing mentorship and operational guidance. The territory structure emphasizes strategic selection, with ideal locations described as affluent urban and suburban areas populated by health-conscious demographics with disposable income for wellness services. Premium retail locations situated near upscale fitness centers, medical offices, or high-end shopping districts are considered strong potential sites. Specific metropolitan areas such as Los Angeles, Miami, Dallas, and New York City are identified as offering significant opportunities, and franchisees are encouraged to focus on locations with high population density and the presence of complementary businesses like CrossFit gyms, physical therapy centers, and luxury spa facilities. The company actively seeks both single-unit and multi-unit franchisees, providing the opportunity to establish a strong regional presence, and while the available data does not explicitly define an absentee versus owner-operator model, the provision of "Owner Operator Estimated Earnings" suggests that an owner-operator approach is a common or expected mode of operation within the Blue Cryo Franchising Inc Icebox Cryotherapy franchise system.

For prospective investors considering a Blue Cryo Franchising Inc Icebox Cryotherapy franchise, it is critical to note that Item 19 financial performance data is NOT disclosed in the current Franchise Disclosure Document, which means traditional FDD-based unit economics like average revenue, median revenue, or top/bottom quartile spreads are not formally provided in this document. However, despite the absence of a formal Item 19 disclosure, Blue Cryo Franchising Inc Icebox Cryotherapy has made available specific financial performance representations that are typically found within such a section, offering valuable insights into potential unit-level economics. Based on this available information, Yearly Gross Sales have been reported at $233,365, providing a baseline for revenue generation within a typical studio. Furthermore, Owner Operator Estimated Earnings are presented in the range of $35,005 to $46,673, giving potential franchisees an expectation of personal income from their investment and operational involvement. The estimated Franchise Payback Period is cited as between 13.6 and 15.6 years, which is a longer duration compared to some other franchise concepts, and a factor that prospective investors must carefully evaluate within their financial modeling and risk assessment. These figures, while not part of a formal FDD Item 19 disclosure, offer a glimpse into the financial potential of a Blue Cryo Franchising Inc Icebox Cryotherapy franchise. Beyond these specific figures, the company has reported strong growth in same-store sales, which is a key indicator of unit-level vitality and customer retention. Icebox studios experienced a robust 35% growth in Q1 of 2023 when compared to Q1 2022, and continued this positive trend with a 27% growth in Q2 of 2023 compared to Q2 2022. This consistent and significant year-over-year same-store sales growth suggests effective operational strategies, increasing brand acceptance, and successful customer engagement within existing units, which are strong signals of underlying demand and operational efficiency. The business model itself is membership-based, a strategic approach that provides six distinct recurring revenue streams, offering a stable and predictable income foundation for franchisees. This recurring revenue model is often favored by investors for its ability to reduce reliance on one-time transactions and build long-term customer loyalty. The trajectory of unit count growth also serves as an indirect indicator of perceived unit-level performance. The company's reported expansion from 18 successful studios in August 2023 to 22 locations by October 2023, with plans for over 40 studio locations either open or under development, suggests that the financial model is sufficiently attractive to draw new franchisees into the system. The stated goal of signing 18 new units by the end of 2023 further reinforces this perception of positive unit economics driving expansion. Moreover, the strategic investment by Impact Brands in October 2023, aimed at optimizing and expanding consumer retail franchise concepts, indicates external validation of the Blue Cryo Franchising Inc Icebox Cryotherapy franchise's financial viability and growth potential. This institutional confidence often reflects a thorough due diligence process that assesses the underlying financial health and future prospects of the franchise system.

The growth trajectory of the Blue Cryo Franchising Inc Icebox Cryotherapy franchise is marked by an accelerating expansion phase, indicative of a brand successfully capitalizing on market demand. While the core database lists 9 total units, all franchised, the company's broader network reporting shows a more rapid scale-up: Icebox Cryotherapy reported 18 successful studios in August 2023, with an additional 10 under development at that time. By October 2023, the network had grown to 22 locations across 10 states, demonstrating a net addition of 4 operational units within a two-month period. The company has since stated its proud growth to over 40 studio locations either open or under development, underscoring its aggressive plans for strategic and rapid expansion in the coming years. This ambition is further highlighted by the team's goal to sign 18 new units by the end of 2023, signaling a significant pipeline of new franchise openings. Recent corporate developments provide additional insights into the brand's strategic positioning and future growth. In October 2023, Impact Brands, a Winston-Salem-based private investment company, announced a strategic investment in Icebox Cryotherapy Studios. This partnership is explicitly aimed at optimizing and expanding consumer retail franchise concepts, providing the Blue Cryo Franchising Inc Icebox Cryotherapy franchise with enhanced resources and strategic guidance for its rapid growth phase. Alia Alston, the founder, continues to serve as CEO and visionary, ensuring consistent leadership and adherence to the brand's foundational principles. The competitive moat for the Blue Cryo Franchising Inc Icebox Cryotherapy franchise is multifaceted, beginning with its pioneering status as the first brick-and-mortar retail cryotherapy studio in the U.S., established in 2012. This early market entry provided valuable experience and brand recognition in a nascent industry. The brand's commitment to delivering innovative cold therapy services within an upscale, spa-like environment differentiates it from more utilitarian or clinic-focused offerings. Proprietary operational knowledge, built over more than a decade since its founding, informs its comprehensive operations manual, training manual, and videos, which serve as a foundational competitive advantage. The integration with a customized technology platform further streamlines operations and enhances the customer experience, creating efficiency and consistency across locations. The membership-based business model, generating six recurring revenue streams, provides a stable financial foundation and fosters customer loyalty, reducing reliance on one-time visits. Additionally, the supportive ecosystem and strategic success blueprint offered to franchisees, coupled with a Franchise Advisory Council, foster a collaborative environment that leverages collective experience for ongoing improvement. The brand is actively adapting to current market conditions by focusing on the escalating demand for holistic, minimally invasive health solutions and procedures, and capitalizing on the growing consumer awareness of wellness and self-care, particularly amplified after the COVID-19 pandemic. Its emphasis on athletic recovery, pain management, and skin health directly addresses key consumer needs. The strong growth in same-store sales, with 35% growth in Q1 2023 versus Q1 2022 and 27% growth in Q2 2023 versus Q2 2022, demonstrates the brand's ability to maintain relevance and increase engagement within its existing customer base, further solidifying its competitive standing in a dynamic wellness market.

The ideal candidate for a Blue Cryo Franchising Inc Icebox Cryotherapy franchise is characterized by an entrepreneurial spirit and a keen understanding of the wellness and recovery industry, although specific prior experience or management background is not explicitly mandated. Given the reported financial requirements, including liquid capital figures varying from $50,000 to $200,000 and net worth requirements of $600,000 or $750,000, the ideal franchisee is likely a financially qualified individual or group with the capacity to meet these substantial investment thresholds. The company actively seeks both single-unit and multi-unit franchisees, indicating an openness to candidates looking to develop a single studio as well as those with ambitions to establish a strong regional presence across multiple locations. This multi-unit strategy allows for experienced operators to scale their investment within the Blue Cryo Franchising Inc Icebox Cryotherapy franchise system. The geographic focus for expansion is broad yet strategic, targeting specific states across the United States. These include Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Kentucky, Massachusetts, Nevada, New Jersey, New Mexico, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, and Texas. This extensive list of target markets signifies the brand's nationwide growth ambitions and the ample opportunities available for new franchisees. The brand's "nascent stage" is highlighted as an advantage, allowing potential franchisees to strategically select prime markets and establish a strong regional presence before the market becomes saturated. The best-performing markets are precisely defined: affluent urban and suburban areas with health-conscious demographics and a discernible disposable income for wellness services. Premium retail locations are favored, particularly those situated near upscale fitness centers, medical offices, or high-end shopping districts, capitalizing on complementary foot traffic and target consumer proximity. Specific metropolitan areas identified as offering strong opportunities include Los Angeles,

FPI Score

52/100

SBA Default Rate

0.0%

Active Lenders

7

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Icebox Cryotherapy based on SBA lending data

SBA Default Rate

0.0%

0 of 10 loans charged off

SBA Loan Volume

10 loans

Across 7 lenders

Lender Diversity

7 lenders

Avg 1.4 loans per lender

Investment Tier

Significant investment

$254,550 – $682,750 total

Payment Estimator

Loan Amount$204K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$2,635

Principal & Interest only

Locations

Icebox Cryotherapyunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Icebox Cryotherapy