I.M.DRIPBaR and DRIPBaR are franchises that specialize in intravenous hydration therapy and wellness services, offering vitamin-infused drips to enhance health and recovery. They target health-conscious individuals and athletes, providing a modern and inviting atmosphere while emphasizing education and community engagement.
Company Background
I.M.DRIPBaR is a company that provides Practice Management Support to one or more Affiliated Practices of licensed healthcare professionals who specialize in providing intravenous vitamin therapy services. I.M.DRIPBaR offers an exciting way for health care providers to build their practice and provide the best quality of treatments available today with minimal risk and liability, while focusing on patient needs and satisfaction.
Franchise Opportunity
To grow your business, you need to attract new patients and build long-lasting relationships with them. You want to offer a unique service that will be hard for your competitors to match. I.M.DRIPBaR offers the perfect solution by providing a comprehensive practice management solution that makes it easy for you and your clients or customers to get started in this industry quickly, easily and affordably by offering an online portal where practitioners can order their own products from our supplier directly through us at wholesale prices without having any inventory on hand themselves! We handle all of the ordering, packaging and shipping so they don't have to worry about anything other than treating their patients! There is no risk involved because we take care of everything from start-to-finish - including customer support and delivery notifications as well as insurance billing assistance if desired! It's truly "set it & forget it" once we are set up with
Corporate Structure
We are a Delaware limited liability company, organized on July 24, 2019. Our principal business address is 236 Franklin Street, Wrentham, MA 02093. We are owned by Intellectual Medicine, LLC (“Intellectual Medicine”) and ZOR411 Holdings, LLC (“ZOR411”). Intellectual Medicine is a Rhode Island limited liability company organized on June 13, 2016 whose principal address is 250 Centerville Rd., Bldg. E, Warwick, RI 02886. ZOR411 is a Delaware limited liability company organized on September 3, 2019 with a principal business address at 236 Franklin Street, Wrentham, MA 02093. Our affiliate, The Petteruti Center, Inc. is a Rhode Island limited liability company organized on December 13, 2005 whose principal business address is 250 Centerville Road, Bldg. E, Warwick, RI 02886. The Petteruti Center, Inc. has operated an Intellectual Medicine 120 since its inception and added its DRIPBaR business in 2016 in Warwick, Rhode Island. None of our affiliates have offered or offer franchises in any line of business. We have no predecessors.
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
How much investment do I need to start my own I.M.DRIPBaR business?
Franchisees typically require at least $136 to $338 investment to get their I.M.DRIPBaR business started
What are the initial franchise fees for I.M.DRIPBaR ?
Franchisees typically need to pay at least $50 in fees directly to I.M.DRIPBaR in order to earn the right to launch their business
How much money can I make with a I.M.DRIPBaR franchise? What are
the average revenues for a typical I.M.DRIPBaR business?
We estimate that the average revenue of an individual
I.M.DRIPBaR unit is approximately
$570,903. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a I.M.DRIPBaR unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
8 /10
The Franchisor's investment costs ranges from
$136,500 to $338,300
which is
Much Lower
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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