Hydrate Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$45,000
Investment required
$238,000 - $454,000
Royalty fee
8.00%

Hydrate IV Bar: Leading the Way in Wellness Through Innovative IV Therapy

Hydrate IV Bar is a health and wellness franchise specializing in intravenous (IV) therapy and vitamin injections, designed to promote wellness from within. Founded in 2016 and headquartered in Denver, Colorado, Hydrate IV Bar offers a relaxing, spa-like atmosphere where clients can receive a range of IV therapy cocktails, NAD+ injections, and vitamin infusions. 

The franchise began offering franchising opportunities to expand its footprint across multiple states, including Colorado, Arizona, Texas, and Utah.The franchise differentiates itself by providing high-quality, pharmaceutical-grade vitamins and nutrients administered by experienced medical professionals. 

This commitment to quality, combined with a soothing environment featuring comfortable chairs, soothing music, and a team of skilled staff, ensures a unique and relaxing experience for clients. Hydrate IV Bar also offers monthly memberships and a variety of service options, making it accessible for those looking to maintain regular wellness routines.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $45,000
Training Expenses $4,500 – $8,500
Utility and Security Deposits $2,500 – $7,500
Lease Payments $7,500 – $25,000
Leasehold Improvements $50,000 – $150,000
Decorating, Furniture & Furnishings and Other Equipment $15,000 – $30,000
Computer System $2,000 – $5,000
Technology Fees $2,250 – $4,500
Opening Inventory $7,500 – $10,000
Office Supplies $1,000 – $2,000
Sign $2,000 – $8,000
Market Introduction Program $20,000
Business Licenses and Permits $1,000 – $5,000
Professional Fees $5,350 – $16,500
Architect Fees $5,000 – $12,000
Insurance Premium $7,500 – $15,000
Additional Funds (3 months) $60,000 – $90,000
TOTAL ESTIMATED INITIAL INVESTMENT $238,100 – $454,000

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Number of units

2023
Franchised units

1

2

5

Company-owned units

5

4

4

Total units

6

6

9

Franchise Disclosure Document

Training 

Hydrate IV Bar provides a structured training program for its franchisees, covering multiple aspects of business operations and ensuring they are well-prepared to run their own IV therapy spa. The training programs are as follows:

  1. In-Person Training: This involves hands-on training sessions where franchisees learn about daily operations, customer service, and the administration of IV therapies and vitamin injections. It includes practical guidance on managing the spa environment and ensuring compliance with health and safety regulations.
  2. Online Training: This program offers flexibility for franchisees to learn at their own pace. It includes modules on business management, marketing strategies, and operational procedures, providing a comprehensive understanding of the franchise’s systems and standards.
  3. Weekly Mentorship Calls: Franchisees have access to regular mentorship calls with experienced professionals from the Hydrate IV Bar team. These calls provide ongoing support, advice, and answers to any questions franchisees may have as they navigate their business journey.
  4. Ongoing Education and Support: Beyond the initial training, Hydrate IV Bar offers continuous education opportunities to keep franchisees updated on industry trends, new products, and best practices. This ensures that franchisees can continually improve and adapt their business to meet the evolving needs of their customers.

Territory Protection

Hydrate IV Bar provides franchisees with territory protection to help ensure a favorable market environment for each franchise location. This protection typically means that franchisees are granted a specific geographical area where no other Hydrate IV Bar franchises can be established. 

This exclusivity helps franchisees build and maintain a strong customer base without the concern of direct competition from other Hydrate IV Bar locations nearby.

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