Restore Hyper Wellness + Cryotherapy Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$777,174 - $1,323,425
Franchise Fee
$20,000
Total US Locations
221
Business Summary
Restore Hyper Wellness operates retail outlet studios that provide or facilitate access to alternative wellness services. These services include core offerings like cryotherapy, compression therapy, infrared sauna, red-light therapy, and esthetic services. Additionally, Restore Hyper Wellness facilitates access to specialized care services such as IV drip therapy, intramuscular shots, biomarker assessments, mild hyperbaric oxygen therapy, and performance medicine. The studios cater to individuals seeking healthy and active lifestyles, as well as groups involved in health clubs and sports programs. For specialized services, Restore Hyper Wellness franchisees must contract with licensed medical professionals or entities, serving as administrative agents for these providers.
Corporate History
Restore Franchising, LLC was formed in November 2016 and began selling franchises in December 2016. Its parent company, Austin Cryo Ventures, LLC (ACV), was established in October 2014 and has been operating Restore Hyper Wellness studios since its formation. An affiliate, Hyper Supply, LLC, was formed in December 2020 to act as a supplier for the Restore Hyper Wellness system.
Financial Overview
Investment Range
$777,174 - $1,323,425
Franchise Fee (Low)
$20,000
Franchise Fee (High)
$44,500
Royalty %
7%
Marketing %
2%
Equipment Costs (Low)
$210,674
Equipment Costs (High)
$346,925
Working Capital
$87,500
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Restore Franchising's financial statements show the company was profitable in 2024, 2023, and 2022, with net income of approximately $2.96 million, $108,000, and $840,000 respectively. However, the company experienced negative cash flow from operating activities in both 2024 ($2.27 million used) and 2023 ($5.32 million used). Cash on hand decreased significantly from $4.03 million in 2023 to $1.76 million in 2024. While working capital remains positive, it decreased from $7.00 million in 2023 to $2.85 million in 2024. The company also has significant amounts due from affiliates, totaling over $7.78 million in 2024, including a promissory note of $3.43 million from its parent company.
Financing Details
Restore Franchising does not offer any direct or indirect financing to its franchisees. Additionally, the franchisor does not guarantee any franchisee notes, leases, or other financial obligations. Franchisees are responsible for securing their own funding through third-party lenders.
Performance Metrics
Total US Locations
221
Franchised Units
209
Corporate Units
12
Avg Square Footage
2,300
Franchising Since
2016
Legal & Compliance Analysis
Recent Litigation
Yes
Bankruptcy
No
Litigation Count
3
Litigation Summary
Restore Franchising has been involved in three legal matters. One pending case, filed in June 2023, is a lawsuit brought by former franchisees alleging breach of contract, fraudulent and negligent misrepresentation, and negligent non-disclosure, seeking over $1,500,000 in damages. This case is currently stayed due to the franchisees' bankruptcy filing. Another pending matter, an arbitration demand filed in June 2024 by a former franchisee and multi-unit developer, alleges violations of consumer protection laws and breach of contract, specifically claiming that Restore Franchising permitted another franchisee to open in an exclusive territory. Restore Franchising denies these allegations and has filed counterclaims for breach of contract and unpaid amounts. Lastly, in October 2023, Restore Franchising voluntarily entered into a Consent Order with the Maryland Securities Commissioner, agreeing to pay a $5,000 civil penalty for offering/selling franchises in Maryland without being properly registered.
Bankruptcy History
Restore Franchising has no bankruptcy history to report.
Agreement Terms
Initial Term
10 years
Renewal Term
5 years
Renewal Conditions
To renew their franchise agreement, Restore Hyper Wellness franchisees must meet several conditions. They need to provide at least six months' advance notice of their intent to renew. At the time of renewal, Restore Franchising must still be offering franchises in the studio's jurisdiction. Franchisees and their owners must be in full compliance with their current franchise agreement and any other agreements with Restore Franchising or its affiliates. They also need to provide satisfactory evidence of a valid lease for the premises for the entire renewal term. Franchisees and their owners must execute Restore Franchising's then-current franchise agreement and any ancillary agreements, which may have different terms and conditions. A renewal fee of 15% of the then-current standard initial franchise fee is required. Franchisees must also agree to remodel their studio within six months and execute a general release of claims against Restore Franchising. Failure to execute any required documents within 30 days will be considered a decision not to renew.
Training & Support Program
Franchisor Assistance
Restore Hyper Wellness provides extensive support to its franchisees. Before opening, the franchisor offers guidance for site selection, furnishes prototypical plans and construction-management support services. It also provides Launch Training for key personnel (Operator, General Manager, Lead Nurse, Lead Esthetician), access to an operations manual, and information on approved suppliers. The franchisor assists in planning pre-opening and grand opening marketing activities. Ongoing support includes mandatory and optional additional training programs (for which fees may apply), periodic updates to the System Standards and Manual, and administration of the Brand Fund for system-wide advertising. Restore Hyper Wellness manages and/or sublicenses essential software for studio operations, including a point-of-sale system, and offers optional digital marketing services. The franchisor also administers gift card, loyalty, and membership programs. Restore Hyper Wellness conducts inspections and audits, providing performance assessments and advising on corrective actions, and reviews/approves alternative suppliers and products. The franchisor may also establish pricing requirements for services and products.
Initial Training Hours
157
Training Location
Restore Franchising Headquarters or Company-owned Studio in Austin, Texas
Ongoing Support
After opening, Restore Hyper Wellness franchisees receive various forms of ongoing support. This includes mandatory and optional additional training programs, which may incur fees. The franchisor may require remedial training for personnel if System Standards or clinical standards are not maintained, with associated fees and travel expenses. Franchisees may also be required to attend periodic system-wide meetings and conferences, including an annual franchise convention, for which registration fees and travel expenses are the franchisee's responsibility. Restore Hyper Wellness regularly updates its System Standards and Operations Manual. The franchisor administers the Brand Fund for system-wide marketing and offers optional digital marketing services. Franchisees must participate in gift card, loyalty, and universal customer membership programs managed by the franchisor or its affiliates. Restore Hyper Wellness conducts inspections and audits, providing performance assessments and advising on corrective actions, and reviews/approves alternative suppliers and products. The franchisor also reserves the right to establish pricing requirements for services and products.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
retail
Owner Participation
Full-Time
Territory Type
exclusive
Territory Size Requirements
Restore Franchising grants the franchisee the right to own and operate a Restore Studio at a specific, approved location within a designated geographic area. The Designated Area is identified based on third-party trade-area mapping and site-analytics software, considering factors such as population density, average household income, drive-time proximity, traffic patterns, and proximity to other healthy active lifestyle and wellness concepts. There is no minimum Designated Area size. While the Designated Area is generally fixed once identified, Restore Franchising may unilaterally adjust its size (reduce it) if the franchisee defaults on the Franchise Agreement. For multi-unit development, the Development Area is determined by mutual agreement based on similar market-specific factors and the number of Restore Studios estimated to be reasonably supported within that area.
Staffing Notes
Restore Hyper Wellness requires franchisees to appoint a full-time Operator who lives within 20 miles of the studio and dedicates substantially all of their time to its day-to-day development and operation. Additionally, franchisees must designate and retain a qualified General Manager, Lead Nurse, and Lead Esthetician at all times, with these key personnel required to complete the franchisor's initial Launch Training. After Launch Training, these managers are responsible for training Hyper Wellness representatives and part-time nurses at the studio. Franchisees are solely responsible for all employment decisions, including hiring, firing, discipline, supervision, scheduling, and compensation of their staff, and must ensure all personnel comply with applicable laws and receive proper training according to the franchisor's standards. Restore Hyper Wellness specifies that it will not be involved in these personnel matters.