Restore Hyper Wellness FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for a Restore Hyper Wellness™ retail outlet studio that provides, or facilitates access to, alternative wellness services, including “Core Services” (e.g., cryotherapy, compression therapy, infrared sauna therapy, red-light therapy and esthetic services); certain specialized care services, “Specialty Services” (e.g., IV drip therapy, intramuscular shot therapy, biomarker assessments, mild hyperbaric oxygen therapy, and performance medicine), and other wellness services the franchisor authorizes.
Corporate Information
Restore Franchising, LLC is a Texas Limited Liability Company that was formed on November 14, 2016, and maintains its principal place of business at 3601 South Congress Ave., Suite C-200, Austin, TX 78704. They conduct business under the name “Restore Franchising,” as well as the name “Restore Hyper Wellness” and “Restore Hyper Wellness + Cryotherapy.” They began selling franchises in December 2016.
Investment
The total investment necessary to begin operation of a franchised Restore Studio is expected to be between $777,174 and $1,323,425. This includes $156,100 to $218,800 that must be paid to the franchisor or its affiliates. If you sign a Multi-Unit Development Agreement to develop multiple Restore Studios (minimum of 3), you will have to pay (i) a development fee equal to the sum of the initial franchise fees for the Studios you will develop during the first development period of the agreement’s term, plus (ii) 50% of the initial franchise fees for the remaining Studios to be developed thereafter. The total investment necessary to begin operation under a Multi-Unit Development Agreement is $933,674 to $1,778,925, which assumes the development of a minimum of three Studios and a maximum of 20 Studios. This includes $237,600 to $574,300 that must be paid to the franchisor or its affiliates.
