Franchise Deep Dive: Hydrate IV Bar’s Franchise Costs, Fees, Profit and Data

Since introducing franchise opportunities in 2020, Hydrate IV Bar has been expanding in tandem with the thriving $4 trillion global health and wellness sector.

By Jeff DwyerStaff Writer

12:12PM • 08/30/23

LAST UPDATED: August 7, 2023
FRANCHISE WEBSITE: https://hydrateivbar.com/franchise/
NUMBER OF LOCATIONS: 10
REPORTED COST TO GET IN: $206,100 to $412,250
REPORTED ROI (Item 19): N/A

Hydrate IV Bar is an emerging collection of IV therapy spas that provide IV nutrient therapy in a spa-like atmosphere. Hydrate IV Bar offers its customers cozy seating; calming music; and a service menu that caters to health, well-being, recuperation and aesthetic enhancements.

The brand was established in Denver, Colorado in 2016 by founder Katie Wafer-Gillberg. In 2020, Hydrate IV Bar began offering its very first franchise opportunities. Since its inception more than seven years ago, the brand has served over 50K clients and sold more than 4K memberships.

How Many Hydrate IV Bar Locations Are There?

As of August 2023, Hydrate IV Bar has 10 open locations spanning Arizona, Colorado and Texas. The brand also has another seven currently in development. The franchise is actively offering locations in the following states:

Alabama
Arkansas
Connecticut
Iowa
Kansas
Kentucky
Mississippi
Missouri
Montana
Nebraska
Nevada
New Jersey
Ohio
Oklahoma
Pennsylvania
Wyoming

The brand is also focused on growing in the following hot markets:

Arizona
Colorado
Florida
Georgia
Idaho
North Carolina
South Carolina
Tennessee
Texas
Utah

What Is Hydrate IV Bar’s Business Model?

Hydrate IV Bar business model is focused on providing intravenous (IV) hydration therapy to customers. The brand offers a menu of IV treatments with fluids, electrolytes, vitamins and minerals to address various needs, such as rehydration, energy boost, immune support and detoxification. Qualified medical professionals administer the IV treatments to ensure safety.

The franchise typically appeals to a diverse clientele, including athletes, travelers, wellness enthusiasts and those seeking relief from hangovers.

According to Hydrate IV Bar’s website, the franchise opportunity consists of four key elements:

Recurring revenue model that consists of monthly memberships, packages and passes
Low overhead compared to other franchise opportunities
Owners receive backing from the corporate team’s experienced professionals
The brand offers student, veteran and first-responder discounts

How Much Can Hydrate IV Bar Franchise Owners Make?

Hydrate IV Bar does not have a publicly available Item 19. To learn more, contact the team about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.

How Much Does It Cost to Open a Hydrate IV Bar?

The total investment necessary to begin the operation of a Hydrate IV Bar franchise ranges between $206,100 to $412,250. Interested individuals must also have at least $125,000 in liquid capital and a net worth of $500,000.

What Is the Franchise Fee for Hydrate IV Bar?

The initial franchise fee required to open a Hydrate IV Bar franchise is $45K.

Franchisees are also required to pay an ongoing royalty fee of 8% of gross revenue, with 2% of gross revenue contributing to the brand marketing fund.

Who’s On Hydrate IV Bar’s Leadership Team?

What Helpful Articles Can I Read to Learn More About Hydrate IV Bar?

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