With so many options why start a cryotherapy business? Cryotherapy is one of the newest innovations in the world of health and fitness. It has turned the heads of several fitness entrepreneurs due to its increasing popularity. Professional athletes and trainers rely on cryo to boost their energy and aid in recovery. While cryotherapy provides amazing health benefits to its users, it’s also extremely lucrative for the business owner. Financial analysts project the cryotherapy business exceeding $5 billion by 2025. This is only the beginning for this rising business. Many cities still lack a cryotherapy business in their area and for the moment, it’s still a land grab.
Is Starting a Cryotherapy Business Hard?
Cryotherapy is a plug-n-play business that requires little to no overhead or maintenance costs. After obtaining and installing the machine you can begin selling sessions immediately. Cryo sessions sell for $40, but only cost the owner a total of $5 for the nitrogen used. Therefore, a 3 minute session yields a whopping $35 profit. That alone can work as a business; however, it can also open doors to offering other services for more money.
Is Cryotherapy THAT popular?
You’ve probably seen cryotherapy being used by some of the greatest athletes on the planet. Lebron James uses cryo to continue dominating the NBA. Zac Efron also uses cryotherapy in maintaining and caring for his incredible physique. He even has guests on his fitness show use the cryo chamber after each of their workout sessions. The mainstream attention for this new innovation has piqued the interest of many business owners and fitness consumers, causing a growing market for cryo chambers. Once you have a cryotherapy business in town consumers will be eager to discover what’s behind all the mainstream attention surrounding cryotherapy which will help with marketing.
How Should I Start?
If you’re interested in a cryotherapy business, now is the time to start! It’s so easy to start and maintain that there should be nothing holding you back. Start by first comparing cryotherapy chambers here and reviewing the top performers from 2019.