Cryotherapy Business for Sale at a Great Location

Whether you are an athlete who needs to recover from a sports injury, someone with arthritis or chronic pain, or just want a mental and physical regeneration, we are here for you. Whole Body Cryotherapy has been gaining recognition in the United States for the last few years, but Impact Cryotherapy has taken it to the next level. With the Impact Cryotherapy Sauna we can replicate your treatment every time, giving you the exact treatment as the time before. Trailing 12 months profit is $30,427. Advertised cash flow of $44,599 is for 2019. Owner works 40 hours a week and is willing to stay on to hire and train a manager. Possible to run this business absentee, labor is unskilled. Operationally this is similar to a tanning salon. Many customers are on a membership plan. Location: Tyler, Texas Year Established: 2016 Number of Employees: 1 Relocatable: Yes Franchise: Yes Real Estate: Leased Building Sq. Ft.: 1,242 Rent: $1,188.00 Per Month Market Outlook/ Competition: Cryotherapy business is experiencing rapid growth and the market segment is largely driven by independent clinics with estimated 64% of the market while the remaining 36% is divided between Chiropractic Medicine and Physical Therapy companies. With the populace seeking alternative treatment for injury recovery, rehabilitation, sports medicine, weight loss, and general health and wellness there is a high demand for Cryotherapy treatment centers. Cryotherapy business is booming and over the next 8-10 years it is expected to take 8-11 % market share of what will be a multi trillion dollar Health and Wellness industry by year 2022. Cryotherapy businesses are expected to produce huge ROI over this time of growth. Growth & Expansion: The global cryotherapy market was valued at USD 2.5 billion in 2015 and is expected to reach a value of USD 5.6 billion by 2024. This growth is majorly attributed to the rising demand for minimally invasive procedures and the surging prevalence of skin, retinoblastoma, prostate, and cervical cancer, and others. Minimally invasive cryosurgery provides various advantages over conventional surgery such as less pain, fewer scars and complications, and shorter hospital stay.