6/10

Franchimp Summary Rating

4 /10
Higher than 67% of peers

Franchise Summary

Description
The Prime IV Hydration Unit is a franchise that offers IV hydration therapy services aimed at improving health and wellness by replenishing essential vitamins, minerals, and fluids. With customizable treatments and a focus on holistic health, the franchise supports its franchisees in establishing hydration therapy centers, capitalizing on the growing demand for wellness services.
Company Background
Prime IV Hydration & Wellness is a company that specializes in providing customized nutrient IV hydration therapy and cryotherapy services to the general public at one specific location under the word mark "Prime IV Hydration & Wellness(TM)" and design/logo mark "and such other trademarks we authorize (Marks)." Each Unit Franchise will report to and receive support directly from our corporate headquarters.
Franchise Opportunity
IV hydration and wellness therapy is an exciting new industry in the United States. With so many health benefits, it's no surprise that this treatment has become a popular alternative to traditional methods of rehydrating. The problem with current IV providers is that they are either too expensive or don't provide the high quality services necessary for optimal results. That's why we created Prime IV Hydration & Wellness as a solution to these problems. By providing affordable prices and superior customer service, we're able to offer you everything you need under one roof! We've done all the hard work for you by creating a customized package that includes three different types of treatments - Hydration Therapy, Cryotherapy and Infrared Sauna Therapy - designed specifically for your needs based on your goals! Our goal is to help our customers achieve their ideal body weight while also improving their overall health through our innovative therapies!
Corporate Structure
We are a Wyoming corporation, created on August 28, 2019 under the name “Revivology Franchising, Inc.” On February 19, 2020, we changed our corporate name to “Prime I.V. Hydration & Wellness, Inc.” We have never offered franchises in any other line of business, and have never engaged in any other business activities. We have no parents or predecessors. We intend to do business under the name “Prime IV Hydration & Wellness” and such other trademarks we authorize (“Marks”).

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Medical Practices & Clinics Industry

$790,980 / unit

Franchise Type: Standard

Average Revenue During 2021

$790,980
$790,980
Industry Low
$1,144,710
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Prime IV Hydration & Wellness Franchise System Development in 2024

FAQ

How much investment do I need to start my own Prime IV Hydration & Wellness business?
Franchisees typically require at least $187,701 to $631,193 investment to get their Prime IV Hydration & Wellness business started
What are the initial franchise fees for Prime IV Hydration & Wellness?
Franchisees typically need to pay at least $49,000 in fees directly to Prime IV Hydration & Wellness in order to earn the right to launch their business
How much money can I make with a Prime IV Hydration & Wellness franchise? What are the average revenues for a typical Prime IV Hydration & Wellness business?
We haven’t done the math on how much revenue a typical Prime IV Hydration & Wellness brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $790,980 revenue, so we would expect Prime IV Hydration & Wellness to generate a similar amount
How long do I need to commit to running a Prime IV Hydration & Wellness unit? What is my contractual commitment?
Prime IV Hydration & Wellness franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $187,701 to $631,193 which is Much Higher than the $0 to $0 average in the Medical Practices & Clinics industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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