Three reasons cryotherapy machine
When you’re opening a cryotherapy business choosing your equipment and deciding how to pay for it should be at the top of the list.
The two primary options for the financing are leasing cryotherapy equipment or buying it outright. Here’s why leasing your cryo chamber or cryo sauna may be the best option.
1. Keep It Current
The health and wellness industry advances rapidly, and cryotherapy machines can become obsolete in a few years.
Leasing your cryo equipment allows you to easily upgrade on a planned schedule, as opposed to purchasing, which requires a significant cash outlay each time.
Keeping your facility updated with the latest equipment is excellent for member attraction and retention while also differentiating you in your market.
2. Focus on Value Instead of Cost
The upfront costs for a new cryo studio are significant, so increasing that total with your equipment cost can be pretty staggering. The lower monthly payments of leasing cryotherapy equipment ease that burden.
To keep your costs down, it’s important to find a financing institution that can help you consider your financial needs and develop a flexible payment solution that works for you and your gym’s cash flow.
3. Save Money on Taxes
While you should verify with your tax planner or accountant, your monthly lease payments for your cryotherapy equipment will probably be tax deductible as an operating expense.
Getting financing support for your cryotherapy business
If you’re still unsure whether leasing cryotherapy equipment is the best option for your business, we can work with you to choose the best equipment and financing solutions for your facility and budgetary needs.
At cryochambers.com, we work exclusively with Brickhouse Capital.
Brickhouse is a privately funded direct lender with a specialty in aesthetic medicine and wellness equipment finance.
Since 2003, Brickhouse has been providing financial solutions to small businesses throughout the United States. They offer small business loans, equipment financing, and equipment leases.