Glace Cryotherapy - Shark Tank Update

When brothers Skyler Scarlett and Brittney Scarlett-Torres recognized the untapped potential of whole-body cryotherapy in the American wellness market, they launched Glace Cryotherapy with a mission to make the cutting-edge recovery treatment accessible to everyday consumers seeking pain relief, inflammation reduction, and enhanced athletic performance. Their innovative business model centered around franchising cryotherapy spas equipped with specialized cryosaunas that exposed clients to liquid nitrogen temperatures for precisely controlled three-minute sessions, offering a revolutionary approach to recovery that professional athletes and dancers had been quietly using for years.

Seeking $100,000 for 15% equity and valuing their rapidly growing business at approximately $667,000, the entrepreneurial siblings entered the Tank with impressive early validation including $140,000 in sales and $115,000 in profit during their first 11 months of operation, plus ambitious expansion plans targeting a second location in San Francisco. The technology behind their service was genuinely compelling-liquid nitrogen cryosaunas that could safely lower skin temperature to 32 degrees while delivering therapeutic benefits including reduced inflammation, accelerated muscle recovery, improved circulation, and enhanced overall wellness, positioning Glace Cryotherapy at the forefront of an emerging industry that was just beginning to gain mainstream recognition in the United States.

The Tank reception proved mixed as the sharks appreciated the innovative technology and immediate profitability but ultimately only Barbara Corcoran saw the franchise potential, offering $100,000 for 30% equity after confidently predicting she could transform the business into a million-dollar company within a year, though the deal never officially closed following the show's taping. Despite this setback, Glace Cryotherapy initially leveraged the television exposure to achieve rapid expansion, opening four locations across California and generating over $400,000 in annual revenue while building a loyal customer base that appreciated the unique wellness experience and proven health benefits.

However, the cryotherapy industry's challenges proved more substantial than anticipated, as the business struggled with high operational costs including expensive liquid nitrogen supplies, specialized equipment maintenance, and the significant overhead required to maintain multiple spa locations in an emerging market that was still educating consumers about the benefits. By 2017, all Glace Cryotherapy locations had permanently closed, marking the end of their ambitious franchise dreams, while Skyler Scarlett transitioned into cryotherapy consulting work and later founded GameClass, an AI-driven video game education platform, demonstrating how entrepreneurs can successfully pivot from failed ventures into new opportunities that leverage their expertise and industry knowledge, though our latest research shows it's not in business anymore.