Will I Make Money With Cryotherapy?
Every business owner asks the same question: will I actually make money with cryotherapy? A cryotherapy chamber is an expensive piece of equipment. For a small business to purchase one it becomes a great concern if nobody is using it. This blog reveals proven strategies that over 100 owners of the XR Cryotherapy Chamber have used to bring in more clients and sell more sessions.
Cryotherapy is highly profitable
When Will I Start Making Money with Cryotherapy?
Your profits will depend on the type of chamber you are using. Firstly, nitrogen consumption is a constant concern. Some chambers (such as the Cryo Arctic) can use up to 17 liters of nitrogen per session. The XR averages around 3-5 liters depending on how many sessions are run. Secondly, the more sessions ran back-to-back keeps the chamber cold, requiring less time to chill the chamber. Assuming you are using the XR chamber your profits will begin with the very first session. The XR is designed to use about $5.00 of nitrogen per session. If you are charging $35.00 per session you net $30.00.
Bundling Cryo and Other Services
Cryotherapy can and does make money as a stand alone service; however, many owners have learned to bundle their services. This causes an exponential profit because you are selling more than you would if you simply offered a single service. Popular bundle offers are:
Hyperbaric Chamber
Massage and Cupping
Spray Tanning
These services require no licensing and are fairly affordable additions. Moreover, each different service appeals to a different demographic. As these customers arrive it is easy to offer them a complimentary cryo session and attempt to sell a package deal.
How Long Until I Have my ROI?
Making your money back for a cryotherapy chamber depends on your ability to engage with your customers. For example, Cryo Innovations has seen a full ROI in as little as 17 weeks. Most business owners experience a full ROI in about a year if they incorporate regular marketing in their area. For ideas on how to market cryotherapy click here. From a business standpoint a return on investment is a goal, but it doesn't mean you won't be generating a profit until you do. Cashflow begins with the very first cryo session, and that is what appeals to everyone.
Learn more about the benefits of cryotherapy and go through the many cryotherapy clinical studies.
NOTICE: Information contained within this website and on all materials, communications, or presentations by Cryo Innovations and Cryo Recovery Lounge is for informational purposes only. Whole Body Cryotherapy, infrared sauna, hyperbaric chamber, and any and all recovery methods described and/or offered by Cryo Recovery Lounge or Cryo Innovations are neither designed nor advised for treatment or cure of any illness or disease. No cryotherapy chambers (including the XR) have been tested or approved by the FDA. Please consult with your medical professional before beginning any cryotherapy or recovery method. All material contained within this site is copyrighted and may not be reproduced in any form without prior written permission. All rights reserved. For permissions contact Cryo Innovations.