Restore Hyper Wellness Announces 2022 Performance Results
Restore Hyper Wellness (Restore), a leading provider of proactive wellness services, announced its business performance results for 2022 with $135 million in system-wide sales (65% year-over-year growth) and same-store sales growth of 16% year-over-year. Restore expanded its retail footprint in 2022, opening 67 new studios and ending the year with 186 locations in nearly 40 states. Most importantly, Restore delivered 2.2 million wellness services to help clients feel their best and do more of what they love.
"In 2022, we continued our focus on making Hyper Wellness more accessible and affordable by increasing our studio footprint and educating consumers on the benefits of our services. We now have over 186 locations across 37 states, and it's been rewarding to see consumers embracing this lifestyle," said Jim Donnelly. "More than three in five Americans believe in investing in Hyper Wellness to help them save on long-term financial costs of sickness and aging, proving that proactive wellness is a growing focus for consumers that Restore can continue to deliver as we expand to more communities this upcoming year."
"After increasing the number of services rendered year-over-year by 47%, we have proven that proactive, data-driven healthcare and wellness will continue to grow as Americans prioritize investing in their health," said Steve Welch, Co-Founder, Executive Chairman, and interim CEO. "Our approach to Hyper Wellness allows Restore to partner with its members on a deeper, more consistent cadence to help achieve their wellness goals. We are looking forward to continuing that into 2023."
Restore's Wellness Experience
With its innovative experience and direct-to-consumer membership model, Restore is creating a new category of care?Hyper Wellness®. Hyper Wellness is Restore's framework for living a proactive, healthy lifestyle that helps you feel your best, so you can do more of what you love.
Hyper Wellness is grounded in 9 Elements everyone should incorporate into their daily lives both inside and outside of Restore's four walls: oxygen, hydration, nourishment, cold, heat, light, movement, rest, and connection. Restore offers 12 modalities under one roof?each supporting one or more of these 9 Elements. Cryotherapy and IV Drip Therapy are Restore's most popular services. NAD+ IV Drips and Mild Hyperbaric Oxygen Therapy are growing in awareness and popularity, as more clients feel the results and share their experiences. In 2023, the brand aims to grow its skincare services to offer more for consumers looking to feel and look their best.
"As more consumers take their health into their own hands, they will need trusted partners that are deploying health and wellness modalities in clinically safe and protocolized ways," said Dr. Joseph, Chief Medical Officer. "At Restore, we have the opportunity to innovate and expand our offerings across our national retail footprint in scientifically rigorous ways that help advance the evidence base for our modalities."
Restore sold 131 franchise territories in 2022 laying the groundwork to continue its national expansion.
For more information about Restore Hyper Wellness, its innovative experience, and franchising opportunities, please visit restore.com.
About Restore Hyper Wellness
Launched in Austin, Texas in 2015, Restore Hyper Wellness (Restore) is the award-winning creator of an innovative new category of care?Hyper Wellness®. Restore delivers expert guidance and an extensive array of cutting-edge wellness modalities integrated under one roof. These modalities include IV drip therapy, intramuscular (IM) shots, mild hyperbaric oxygen therapy, whole body and localized cryotherapy, infrared sauna, red light therapy, compression, HydraFacial, Circadia, and Cryoskin. Restore's mission is to make Hyper Wellness accessible and affordable so customers can feel their best and do more of what they love.
*Medical services available to clients of Restore are provided by an independently owned physician practice.
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