Budget & Costs
How I do calculate the budget for my project?
We've made a list of the overheads that businesses usually have when they start and run a cryotherapy business.
|One-Time Purchase (Equipment, Accessories & Services)||Description||Frequency|
|Cryo Chamber / Cryosauna||Cryo Chamber / Cryosauna equipment, transfer hose||One Time Purchase|
|Delivery||Delivery costs are generally included with the purchase||One Time Fee|
|Install & Training||Install &Training costs are generally included with the purchase||One Time Fee|
|Ventilation & Safety||Exhaust fan, Air In-flow, Exhaust pipe, Oxygen Monitor||One Time Purchase (May not be required in some facilities)|
|Other Accessories||Safety footwear, gloves, robes, decoration and other||One Time Purchase/Varies|
|Recurring Business Expenses||Description||Frequency|
|Nitrogen Deliveries||Every refill carries a delivery charge and often also a Hazmat charge. Minimizing the number of deliveries can help save money. LN2 suppliers are willing to offer better terms with higher volume.||Weekly/Varies|
|Nitrogen Tanks||Buying nitrogen tanks outright can be expensive, renting nitrogen tanks is more cost efficient and provides additional service on the tanks, especially when owned by the LN2 supplier.||Monthly/Regular|
|Insurance Costs||If you're running a business, having insurance coverage is highly recommended.||Annual|
|Marketing Costs||Advertisement of your new services can range from Facebook ads, Instagram, Local news, local partnerships and online ads.||Varies|
|Trained Staff/Salaries||These expenses highly depend on the mode of operation. A single operator can handle the operation of a cryotherapy chamber.||Varies|
|Administrative Costs, Rent, Utilities||General operational costs.||Varies|
Is there anything else I should know about quotes and costs?
When requesting a quote for a cryotherapy chamber, make sure that the offer includes all the products, accessories and services that are required.
Many times, the offers are incomplete and only quote the cost of the cryo chamber and do not list other expenses that may be indispensable such as delivery costs or install & training.