Restore Hyper Wellness, Austin, Texas: Jim Donnelly, Founder and CEO

An essay of up to 650 words

Total 413 words used.

To say the world at large has changed a lot since January 1, 2021, would be an understatement. To say the world of retail has changed a lot since then would be a massive understatement. At a time when many retailers were struggling just to keep the doors open, Jim Donnelly, the CEO of Restore Hyper Wellness, guided his company through unprecedented growth in the face of highly volatile and uncertain times.

 In 2021, as the world began to emerge from the effects of the pandemic and many in the retail space were trying to adjust to the “new normal,” under Jim’s leadership the company saw a 72% YOY increase in growth in same-store sales. In the first three quarters of 2021 they opened 30 new locations across the U.S. and sold 203 additional franchise territories. Overall the company would open 45 new locations. 

 Giving back to the community is very important to Jim and in June of 2021, Jim and his team launched the Restore Does More Foundation, a 501(c)(3) nonprofit under the Restore Hyper Wellness umbrella.  The Restore Does More Foundation strives to educate & support communities and Restore employees on the importance of wellness, empowering everyone to seek out a proactive wellness path.

One of the campaigns launched by the Restore Does More Foundation is “Operation DELTA MIKE”, which  provides education on the benefits of Restore services that support our veteran’s unique wellness needs, while ensuring veteran access to those services. In addition, the “Restore Fit Challenge” helps underserved communities afford medical services, build and promote educational materials and help Restore employees who've experienced unforeseen hardships.

 In 2022, as the world teetered on the brink of a recession, Jim led his company to a 16% increase in same-store growth and opened another 67 new locations. In that same year, Donnelly launched a Medical Advisory Board, which provides medical oversight and direction of current and future modalities offered at Restore. The Board works with Restore’s medical leadership team, seven medical directors, over thirty nurse practitioners and over 750 registered nurses providing medical services in Restore’s wellness studios. The Board members bring a wealth of clinical knowledge and experience that align with Restore’s priorities of offering a wellness experience that is proactive, effective and transparent with the safest protocols across all its wellness studios.

 Under Jim’s leadership, Restore Hyper Wellness secured a $140M investment, allowing Restore Hyper Wellness to expand faster across the country and make hyper wellness more accessible.

1. Successfully navigated the fundraising process, culminating in a $140M investment from General Atlantic in December 2021 to help Restore expand across the country faster and make hyper wellness more accessible.

2. Same-store sales grew 72% year-over-year in 2021 through the pandemic and 16% in 2022 despite a dynamic macroeconomic environment.

3. Restore has opened 112 new locations since the beginning of 2021 and 67 in 2022 alone, outpacing virtually any other U.S. retailer in new store openings.

4. Restore now has over 185 wellness studios across nearly 40 U.S. states, with over 550 additional franchise territories sold.

5. Restore has delivered nearly 1 million whole-body cryotherapy sessions, over 950,000 wellness IV drips / IM shots, and over 140,000 mild hyperbaric oxygen therapy sessions to date.

6. Restore launched a Medical Advisory Board in 2022, which provides medical oversight and direction of current and future modalities offered at Restore. The Board works with Restore’s medical leadership team, seven medical directors, over thirty nurse practitioners and over 750 registered nurses providing medical services in Restore’s wellness studios. 

7. Ended 2022 with over 45K monthly members across the network

8. Inked partnership with Tim and Demi-Leigh Tebow to become investors and brand ambassadors to further advocate the hyper-wellness lifestyle

9. Launched the Restore Does More Foundation, a nonprofit charitable organization, focused on fundraising, charity and education.

10. Hosted the 3rd annual franchise conference in Austin in 2022, gathering nearly 150 franchisees to highlight Restore Hyper Wellness brand direction and successes.