Prime IV Hydration & Wellness is operated by Prime I.V. Hydration & Wellness, Inc., based in Colorado Springs, Colorado. The brand has offered franchises since January 2020 and provides customized nutrient IV hydration therapy, cryotherapy, and hormone and peptide therapies to the general public.
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Prime IV Hydration & Wellness provides a comprehensive support system designed to guide you from your first day of training through every stage of your business ownership.
From Item 11, the franchisor provides pre-opening and post-opening assistance, advertising programs, computer system specifications, and initial and supplemental training programs for Unit Franchises.
The franchisor or its designee reviews and approves or disapproves the proposed site (Premises) for the Unit Franchise, which must be located within the Site Selection Area and meet minimum site selection criteria in the Manual.
Franchisee must obtain lawful possession of the Premises by executing a lease at least 90 days before the Opening Deadline, subject to franchisor approval, including a required Addendum to Lease.
The franchisor identifies products, materials, supplies, and services required to develop and operate the Unit Franchise, and designates approved suppliers.
Franchisees are granted access to the franchisor's primary operations manual (the Manual), approximately 116 pages, containing mandatory and suggested specifications, standards, and procedures, accessible via the Learning Management System (LMS).
The franchisor provides specifications for the required Computer System, including hardware, software, POS, EMR, and technology fee requirements.
No later than 14 days before opening, the franchisor provides an initial training program consisting of Prime U (web-based overview, 6 hours) and Prime Academy (5-day on-site academy with 19 classroom hours and 16 hands-on hours) covering operations, medical protocols, marketing, sales, and compliance topics.
The franchisor provides, at its expense, an opening supervisor for two days during the franchisee's soft opening to assist with operational efficiency, staff training, and setup.
After opening, the franchisor provides ongoing guidance on products/services, local advertising, administrative procedures, employee training programs, and approved equipment brands.
The franchisor continues to lend franchisees a copy of the Manual and updates it periodically to reflect changes in System Standards.
Franchisees are permitted to use the franchisor's Marks and confidential information in operating the Unit Franchise, with indemnification provided for related liability.
The franchisor may provide supplemental training programs on new techniques, services, or products as deemed appropriate, potentially with attendance fees.
The franchisor reviews and approves or disapproves franchisee advertising, marketing, and promotional materials.
The franchisor conducts inspections and/or audits of Unit Franchises, evaluating training methods, staff, equipment, and customer service, and may require additional training based on results.
Upon request, the franchisor may provide an employee or agent to assist with Unit Franchise operations for a daily fee (currently $300) plus expenses.
Franchisees must spend a Minimum Local Advertising Requirement of $2,500 or 5% of Gross Revenues monthly, contribute to a Branding Fund (currently 1% of Gross Revenues, up to 2%), participate in Advertising Co-ops, and spend at least $17,000 on Grand Opening marketing.