Growing a Franchise
The emerging IV therapy brand has expanded rapidly since 2019, with 600+ locations in development, offering franchisees multiple revenue streams and strategic site selection.
The DRIPBaR is a nationwide intravenous (IV) therapy franchise that’s focused on helping people obtain their best health by taking their healthcare “beyond diet, exercise, and traditional medicine to support their physical, mental, and cellular wellness.”
Founded in 2016, The DRIPBaR began franchising in late 2019 under the leadership of CEO Ben Crosbie. According to the brand’s website, The DRIPBaR currently has 102 locations in the United States, with another 600+ currently in development.
The DRIPBaR offers a semi-absentee business model with multiple revenue streams, including:
The brand chooses its locations strategically, placing them near complementary, high-traffic businesses like Starbucks, Massage Envy and Orange Theory.
Item 19 of the brand's 2022 Franchise Disclosure Document (FDD) reports the earnings of a single DRIPBaR location that has been in operation since 2016. According to the FDD, the gross revenue for FY 2021 for this location was $802,961.
The DRIPBaR franchise does not make any promises or guarantees regarding franchise owners' earnings.
The estimated initial investment required to open a DRIPBaR franchise is between $142,125 and $404,800. According to the brand's 2022 Franchise Disclosure Document (FDD), these costs include:
| Type of Expenditure | Min | Max |
| Initial Franchise Fee | $50,000 | $55,000 |
| Lease Deposit & Payment | $2,500 | $5,000 |
| Utility Deposits | $500 | $1,000 |
| Grand Opening Marketing | $6,500 | $11,500 |
| Initial Inventory | $5,000 | $6,000 |
| Furniture, Fixtures & Equipment | $9,000 | $45,000 |
| Computers & Office | $3,000 | $4,500 |
| Leasehold Improvements Buildout | $25,000 | $150,000 |
| Architectural & Engineering Services | $8,400 | $11,000 |
| Retail & Promotional Inventory | $4,000 | $6,000 |
| Signage | $7,000 | $9,000 |
| Insurance | $500 | $1,000 |
| Permits & Licenses | $100 | $800 |
| Professional Fees | $0 | $1,500 |
| Training Expenses | $0 | $1,000 |
| Additional Funds (3 Months) | $15,000 | $30,000 |
Franchisees must have a minimum net worth of $300,000 and liquid capital of $125,000, as well as a 700+ credit score.
The DRIPBaR is on the SBA-approved franchise list.
The franchise fee required to open a DRIPBaR location is $55,000, which must be paid to the franchisor. Veterans and first responders receive a $5,000 discount.
The DRIPBaR also charges a monthly 7% royalty fee and 1% national marketing fund fee.
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