Restore Wellness Franchise
To buy a franchise with Restore Wellness, you'll need to have at least $200000 in liquid capital and a minimum net worth of $1000000. Restore Wellness charges a franchise fee of $44500.
Franchisor Details
Total Units: 59
Year Founded: 2015
Franchising Since: 2017
Home Office: Austin, TX
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $200,000
Net Worth Required: $1,000,000
Total Investment: $480,516 – $943,431
Franchise Fee: $44,500
Royalty Type: 7%
Vetern Discount: No
*Restore Wellness is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Values & History
Restore was founded in 2015 by serial entrepreneur, Jim Donnelly. While training for a triathlon, Jim began using cryotherapy for recovery. He loved how cryotherapy made him feel but didn't like the customer experience offered by the providers. Jim decided to open his own cryotherapy clinic in Austin, TX to provide a fun, welcoming experience to clients.
Restore is the market leader in one of the fastest-growing segments of healthcare. We help people in need of chronic pain management, accelerated injury recovery, improved athletic performance, and healthspan longevity.
Industry Performance
Market Demand & Advantage
20% of adults will be diagnosed with arthritis, and over $120B is spent on treating arthritis annually. Another $80B+ is spent annually on treating back pain The annual cost of pain management exceeds the total cost of diabetes, cancer, and heart disease combined People are desperate for relief, and Restore offers just that.Also, people are shifting their focus from passive, reactive treatment of their illnesses to proactive, preventative health and wellness. Out-of-pocket spending accounts for 2x new auto spending in the U.S. and is growing 5% per year. The fastest-growing out-of-pocket expenditure is alternative preventative medicine.
We're building a defensible competitive advantage at every foundation of the business. From its medical infrastructure to equipment manufacturing to technology and data integration, Restore is out-innovating the industry.
Training & Support
- Guidance on financing
- Guidance to help you find a site for your Restore and negotiate your lease
- Expert construction team to support your build-out
- Designated success manager to guide you through the process
- Training programs for owners, managers, nurses, estheticians, and wellness reps
- Individual store web pages and social media channels
- An integrated marketing campaign to launch your Restore location, including local community marketing materials
- Ongoing brand and local marketing support after Grand Opening
- A designated business coach
Ideal Candidate & Qualifications
We're looking for qualified candidates interested in creating healthier communities.
Purchasing a Restore Wellness Franchise
Franchise Fee: $44,500 [Single]. Net Worth Required: $1M. Total Investment: $480,516- $ 943,431. Liquid Capital Required: $200,000.
Massive research and technology advancements in genomics and cellular biology have unlocked our understanding of aging Through its medical infrastructure, range of modalities, and growing reach, Restore is poised to be the first to bend the curve of aging at scale.
To meet demand, Restore plans to open 120 new locations in 2021 alone, and 500 by 2024.
