Jon'Ric International vs iCRYO Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jon'Ric International vs iCRYO including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Jon'Ric International Franchise
iCRYO Franchise
Investment $65,000 - $399,999$285,400 - $597,800
Franchise Fee $35,000$39,000
Royalty Fee 2%5.5%
Advertising Fee -1%
Year Founded 19832015
Year Franchised 20032017
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Jon'Ric International Franchise
iCRYO Franchise
Experience

General business experience

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Financing Options
 
Jon'Ric International Franchise
iCRYO Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support
 
Jon'Ric International Franchise
iCRYO Franchise
Training -On-The-Job Training: 36 hours Classroom Training: 22 hours iCRYO Cryotherapy has an exclusive cryotherapy training program that will prepare you for your new business. This includes corporate, in-center, and on-going training support. We make sure that you are an elite cryotherapy specialist in the industry.
Support

Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures

Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing

National & Regional advertising

Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations

33% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 10

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

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Expansion Plans
 
Jon'Ric International Franchise
iCRYO Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Jon'Ric International

Jon'Ric International is the pioneer of the "Upscale Custom Franchise Specialty Spa". We hold a strong position in the Beauty and Wellness Industry with a high quality of services and products. Jon'Ric International is only selectively distributing salon & day spa franchises and license agreements after careful due diligence of applicants for national and international development. We only accept individuals or groups with a solid business and financial background to carry the Jon'Ric name. Advantages and benefits... We offer unique advantages and benefits that are rarely found in the industry anywhere else. Our highest standards set the framework of requirements to become a member of Jon'Ric International.

About iCRYO

iCRYO offers an affordable, convenient, and professional franchise opportunity for Cryotherapy. Bring Cryotherapy to your area with a retail location, inside a gym, or as an additional service to your business. We have the systems and training in place to support you in bringing the iCRYO experience to your community.