Prime IV Hydration & Wellness Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$49,000
Investment required
$76,000 - $600,000
Prime IV Hydration: Leading the Way in Personalized Wellness Infusions
Prime IV Hydration is a pioneering franchise in the health and wellness sector, specializing in providing intravenous hydration and vitamin infusion therapies. Founded in 2018 in Denver, Colorado, Prime IV Hydration has rapidly established itself as a leader in the wellness industry.
The franchise headquarters are also located in Denver, where it began its franchising journey in 2020. Prime IV Hydration offers a unique service by delivering customized hydration and nutrient therapies directly to customers.
Their services include hydration for enhanced recovery, immune support, and overall wellness, catering to individuals seeking to optimize their health and well-being. What sets Prime IV Hydration apart from its competitors is its focus on personalized hydration solutions and a high standard of care.
The franchise prides itself on its medically supervised services and the use of premium-grade ingredients, ensuring clients receive the highest quality treatments. Their emphasis on a customer-centric approach and a state-of-the-art clinic experience further differentiates them in the growing wellness market.
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.
Prime IV Hydration offers 2 types of franchises:
| Type of Investment |
Investment Range |
| New Prime IV Hydration & Wellness® Center |
$164,633 to $600,172 |
| Add-On Prime IV Hydration & Wellness® Center |
$76,133 to $341,172 |
We are summarizing below the main costs associated with opening a New Prime IV Hydration & Wellness® Center franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
New Prime IV Hydration & Wellness® Center
| Type of Expenditure |
Amount (Low) |
Amount (High) |
| Initial Franchise Fee |
$49,000 |
$49,000 |
| Security Deposits |
$5,000 |
$8,000 |
| Lease Expenses (3 months) |
$6,000 |
$30,000 |
| Leasehold Improvements |
$23,000 |
$320,000 |
| Architecture and Design |
$500 |
$5,000 |
| Signage and Displays |
$3,300 |
$6,000 |
| Office Equipment, including furniture and fixtures |
$15,000 |
$25,000 |
| Other Required Spa Equipment |
$1,137 |
$4,426 |
| Medical Equipment |
$1,000 |
$50,000 |
| Supplies (Blood pressure cuff, temporal scanner, Pulse/OX, Office or Medical) |
$500 |
$500 |
| Inventory |
$5,000 |
$10,000 |
| Medical or Clinical Director Salary (3 months) |
$0 |
$3,600 |
| Medical Support Salaries (3 months) |
$9,000 |
$18,000 |
| Training Expenses, including salaries and travel |
$2,500 |
$3,500 |
| Security System (set up plus 3-months) |
$500 |
$2,500 |
| Telephone System |
$300 |
$300 |
| Business Licenses and Permits |
$700 |
$5,000 |
| Professional Fees |
$1,000 |
$10,000 |
| Computer System |
$1,000 |
$3,000 |
| Technology Fee (set up plus 3-months) |
$747 |
$747 |
| POS System |
$1,077 |
$1,077 |
| EMR System (set up plus 3 months) |
$225 |
$375 |
| Accounting Software |
$147 |
$147 |
| Insurance Deposits and Premiums |
$3,500 |
$5,000 |
| Pre-opening Operations |
$2,500 |
$7,000 |
| Grand Opening and Initial Marketing |
$17,000 |
$17,000 |
| Additional Funds (3 months) |
$15,000 |
$15,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT |
$164,633 |
$600,172 |
Get
more
information
about
Prime IV Hydration & Wellness
Interested in becoming a franchisee? Get matched with a franchise consultant to discuss your options. For free
Get a free consultationNumber of units
Franchise Disclosure Document
Training
Prime IV Hydration Franchise provides comprehensive training to ensure franchisees are well-equipped to deliver high-quality hydration and wellness services. The training program typically includes:
- Operational Training: Franchisees receive detailed instruction on day-to-day operations, including clinic setup, customer service protocols, and the management of hydration therapy equipment. This helps ensure consistency and efficiency across all locations.
- Medical Training: Since Prime IV Hydration involves medical procedures, franchisees and their staff undergo training on the safe administration of IV therapies. This includes understanding medical protocols, handling emergencies, and maintaining hygiene and safety standards.
- Sales and Marketing Training: Franchisees are trained in effective sales techniques and marketing strategies tailored to the wellness industry. This includes local marketing tactics, customer acquisition strategies, and promoting the benefits of Prime IV’s services.
- Compliance and Quality Assurance: Training covers regulatory compliance, quality control, and maintaining the high standards of service that Prime IV Hydration is known for. This ensures franchisees adhere to industry regulations and maintain consistency in service quality.
Territory Protection
Prime IV Hydration Franchise offers territory protection to its franchisees to ensure a competitive and sustainable business environment. Franchisees are granted exclusive territories, which helps to prevent market saturation and reduces direct competition among Prime IV locations.
This protection allows franchisees to focus on growing their business within a defined area without the concern of nearby competing franchises.
The territory protection policy is designed to support the success and profitability of each franchisee by establishing clear geographical boundaries.
