FRANCHISE·WATCH·DESK

Verified — real FDD extraction

SBA-eligible · directory code S8871 since 2026

NextHealth

Health & Wellness · independent · est. —

Next Health is a 'health optimization' and wellness center chain offering services like IV therapy, cryotherapy, hyperbaric oxygen, body scans, and other preventive and longevity-focused treatments. Clients visit for membership-based or à la carte wellness services. A franchisee operates a wellness clinic with treatment staff and equipment.

New to franchising? Start here

A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.

Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. The numbers on this page come straight from that document:

  • Franchise fee — the one-time cost to buy in.
  • Royalty — the ongoing cut of your sales you pay the franchisor.
  • Item 20 — how many locations opened and closed, the basis for our verdict (from Proven & strong down to Distressed — or Too new to judge).

The verdict

Not enough disclosure

Distress

0
STABLE

No verified FDD extraction to judge from. Any figures shown are labelled sample data or independent federal records.

Exit rate · latest year

Not disclosed

Cost to open

$1.6M–$2.2M

Item 7 total investment range

SBA loan defaults

No loan record

no SBA 7(a)/504 loans found for this brand

Behind the verdict

the record, factor by factor · Item 20

hi-1.0.0
Net unit growth35%

3-yr trend · Item 20 Table 1

Strong
Exit quality25%

terminations + ceased-ops vs. all exits · Table 3

Strong
Transfer / churn15%

transfers vs. base · Table 3

Fair
Promise-keeping10%

actual vs. projected openings · Table 5

Not Disc.
Transparency15%

Item 19 disclosure + completeness

Strong

Systemwide units

2020–2022

+66.7%
320204202152022

Survival record

FDD Item 20 · outlet status by year

In fiscal 2022, 0 of 0 franchised outlets left the system. Not every exit is a failure — but this is the measurable floor.

Show the outlet tables
Status (FTC)202020212022
Outlets at start234
Opened000
Transfers000
Terminations000
Non-renewals000
Reacquired by franchisor000
Ceased — other reasons000
Outlets at end345
Net change+1+1+1

What it costs — and what it drags

FDD Items 5–7 · fees, investment, royalty

Buying in means a $80K franchise fee (Item 5) and a total investment of $1.6M–$2.2M (Item 7). The franchisor publishes an earnings claim (Item 19) — read its methodology closely.

To open (Item 7)

$1.6M–$2.2M

all-in investment range

Franchise fee (Item 5)

$80K

upfront, one-time

Royalty (Item 6)

9%

of sales, ongoing

If a unit does this in annual sales…$1M/yr

Your figure — cross-check against this brand's Item 19 and current-owner validation.

Royalty you'd pay / yr

$90K

9% of sales, before profit

Over a 10-yr term

$900K

royalties alone, excl. ad fund

This is not profit. It's the only money the FDD actually pins down — what you put in, and the royalty you owe on every dollar of sales. Your real take-home depends on labor, rent, food cost, and ramp-to-breakeven, none of which any FDD discloses.

Build a real pro-forma for NextHealth with an independent CPA

Distress signals

news-sourced · bankruptcies, closures, lawsuits

No recent closures, bankruptcies, or major lawsuits found in the news for NextHealth. That's a good sign — but it reflects news coverage, not a guarantee.

Before you sign anythingfree · 30 min · no commission

A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing NextHealth's numbers, including talking you out of a bad deal.

Talk to an independent CPA before you buy →

NextHealth franchise questions, answered from the filings

How much does a NextHealth franchise cost?

Per NextHealth's 2023 FDD, buying in requires an initial franchise fee of $80K (Item 5) and a total initial investment of $1.6M–$2.2M (Item 7).

What royalty does NextHealth charge?

NextHealth charges an ongoing royalty of 9.0% of gross sales, per Item 6 of its 2023 FDD.

Does NextHealth disclose earnings (Item 19)?

Yes — NextHealth makes a financial performance representation in Item 19 of its 2023 FDD. Read it closely: franchisors choose which units and which metrics to include.

Is NextHealth a good franchise to buy? Health score, exit rate & costs (2026) · Franchise Watch Desk