NextHealth Franchise FDD, Profits & Costs (2025)
Next Health is a forward-thinking franchise in the field of health optimization and longevity, created in 2016 by Dr. Darshan Shah along with business partner Kevin Peake.
Based in Los Angeles, California, the company launched its first center in West Hollywood, presenting a new approach to healthcare that blends advanced technology with proactive wellness solutions.
By 2023, the brand expanded into franchising, opening the door for entrepreneurs to bring its innovative health services to communities across the United States and abroad.
The concept offers an extensive lineup of services, such as IV drips, NAD+ therapy, hormone balancing, cryotherapy, hyperbaric oxygen sessions, red light therapy, biomarker testing, and comprehensive diagnostics that include genetic analysis and MRI screenings.
What sets Next Health apart is its ability to merge high-end medical science with a luxury wellness environment. Clients benefit from tailored, data-based care that emphasizes prevention and long-term vitality instead of simply treating illness.
Initial Investment
How much does it cost to start a NextHealth franchise? It costs on average between $1,690,000 – $2,259,000 to start a NextHealth franchised center.
This includes expenses for build-out, medical and wellness equipment, initial supplies, and early operating costs. The total investment can vary based on several factors, such as the size and design of the center, its geographic location, and whether the franchisee decides to lease or buy the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $80,000 |
| Initial Training & Expenses | $15,000 – $20,000 |
| Lease Rental & Security Deposit | $73,200 – $109,200 |
| Leasehold Improvements | $600,000 – $900,000 |
| Furniture & Fixtures | $40,000 – $55,000 |
| Equipment & Computer System | $350,000 – $460,000 |
| Medical Supplies | $80,000 – $100,000 |
| Materials & Other Supplies | $8,000 – $15,000 |
| Signage | $20,000 – $30,000 |
| Insurance Fees | $10,000 – $15,000 |
| Permits & Licenses | $5,000 – $10,000 |
| Grand Opening Expenses | $50,000 |
| Legal & Accounting Expenses | $13,000 – $15,000 |
| Additional Funds – Initial Period | $346,000 – $400,000 |
| Total | $1,690,200 – $2,259,200 |
Average Revenue (AUV)
How much revenue can you make with a NextHealth franchise? A NextHealth franchised facility makes on average $4,032,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
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Frequently Asked Questions
How many NextHealth locations are there?
As of the latest data, Next Health operates five company-owned locations, which include three in Los Angeles—West Hollywood, Century City, and Studio City—along with one in New York City and another at the Four Seasons Resort in Maui, Hawaii.
What is the total investment required to open a NextHealth franchise?
The total investment required to open a NextHealth franchise ranges from $1,690,000 to $2,259,000.
What are the ongoing fees for a NextHealth franchise?
A Next Health franchise carries ongoing fees that include a royalty fee of 9% of monthly sales and a marketing fee of 1% of monthly sales.
What are the financial requirements to become a NextHealth franchisee?
To become a Next Health franchisee, candidates must have a minimum of $600,000 in liquid capital and a net worth of at least $1.5 million.
How much can a NextHealth franchise owner expect to earn?
The average gross sales for a NextHealth franchise are approximately $4.03 million per location. Assuming a 15% operating profit margin, $4.03 million yearly revenue can result in $605,000 EBITDA annually.
Who owns NextHealth?
The Next Health franchise is owned by Dr. Darshan Shah, a board-certified surgeon and entrepreneur, along with Kevin Peake, a business strategist and co-founder who serves as president of the company.
Disclaimer
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