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Below is an in-depth analysis and side-by-side comparison of Solana MedSpas vs iCRYO including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $400,000 - $780,000 | $285,400 - $597,800 |
| Franchise Fee | N/A | $39,000 |
| Royalty Fee | - | 5.5% |
| Advertising Fee | - | 1% |
| Year Founded | - | 2015 |
| Year Franchised | - | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| 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 | - | 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 | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
The foremost provider of consulting and development services for the MedSpa and Medical Aesthetic industry, throughout North America. In SolanaTM, you've found a real partner for your journey; a team of highly specialized and experienced professionals united, guided and driven by a sole focus; to see you succeed in the explosive Medical Aesthetics or MedSpa arena. SolanaTM has been a part of the explosive Medical Aesthetics industry from the beginning. Our President and Co Founder, John Buckingham, led the way as a true MedSpa industry pioneer. In addition to his stature as a celebrated and renowned speaker on the business of Medical Aesthetics, Mr. Buckingham is a Harvard MBA and a founding board member of The International Med Spa Association (IMSA).