CHILLRx Cryotherapy Franchise FDD, Profits & Costs (2025)

ChillRx Cryotherapy is a premier health and wellness franchise specializing in cryotherapy treatments. Founded in 2015 by CEO Julie Shanebrook, the company is headquartered in Westfield, New Jersey. ChillRx began offering franchise opportunities to entrepreneurs seeking to enter the rapidly expanding cryotherapy market.
The franchise provides a range of services designed to enhance health, fitness, and beauty through non-invasive, drug-free treatments.
These services include whole-body cryotherapy, local cryotherapy, cryofacials, infrared sauna and light therapy, and specialized treatments like ChillSlim for fat reduction and ChillSkin for skin rejuvenation.
ChillRx distinguishes itself by offering comprehensive support to franchise owners, including assistance with company formation, site selection, lease negotiation, and employee training.
Initial Investment
How much does it cost to start a ChillRx Cryotherapy franchise? It costs on average between $260,000 – $312,000 to start a ChillRx Cryotherapy franchised facility.
This includes costs for construction, equipment, supplies, and initial operating expenses. The exact amount depends on various factors, including the type of facility you choose, the location, and whether the franchisee opts to lease or purchase the property.
Average Revenue (AUV)
How much revenue can you make with a ChillRx Cryotherapy franchise? A ChillRx Cryotherapy franchised business makes on average $212,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $679,000 yearly revenue for similar medical spa franchises. Below are a few ChillRx Cryotherapy competitors as a comparison:
CHILLRx Cryotherapy Franchise Disclosure Document
Frequently Asked Questions
How many ChillRx Cryotherapy locations are there?
As of December 2024, ChillRx Cryotherapy operates six locations: Westfield, Red Bank, Princeton, Montclair, Marlboro, and Cincinnati. The company is actively expanding its franchise network, aiming to become the industry leader in cryotherapy within the next five years.
What is the total investment required to open a ChillRx Cryotherapy franchise?
The total investment required to open a ChillRx Cryotherapy franchise ranges from $260,000 to $312,000.
What are the ongoing fees for a ChillRx Cryotherapy franchise?
ChillRx Cryotherapy franchisees are subject to ongoing fees that support the brand’s operations and marketing efforts. Franchisees pay a royalty fee of 6% of their gross sales, which grants them access to the company’s established systems, proprietary treatments, and continuous support.
Additionally, there is an advertising fee of 1% of gross sales, contributing to national and regional marketing campaigns designed to enhance brand recognition and drive customer traffic to franchise locations.
What are the financial requirements to become a ChillRx Cryotherapy franchisee?
To become a ChillRx Cryotherapy franchisee, candidates are typically required to have a minimum net worth of $500,000 and liquid capital of at least $50,000. These financial prerequisites ensure that potential franchisees possess the necessary resources to support the initial investment and ongoing operational expenses associated with establishing and running a ChillRx Cryotherapy franchise.
How much can a ChillRx Cryotherapy franchise owner expect to earn?
The average gross sales for a ChillRx Cryotherapy franchise are approximately $0.21 million per location. Assuming a 15% operating profit margin, $0.21 million yearly revenue can result in $32,000 EBITDA annually.
Who owns ChillRx Cryotherapy?
ChillRx Cryotherapy is owned by its founder and CEO, Julie Shanebrook, who oversees the company’s operations and strategic direction.
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