Franchise Deep Dive - DRIPBaR - 1851 Franchise

Franchise Deep Dive: The DRIPBaR Franchise Cost, Fees, Profit and Data

The emerging IV therapy brand has been expanding aggressively since 2019 and currently has 600+ locations in development. Franchisees with The DRIPBaR can benefit from the brand’s multiple revenue streams and strategic site selection.

By Chris IrbyCopy Editor

8:08AM • 05/08/24

LAST UPDATED: March 2024

FRANCHISE WEBSITE: thedripbar.com/franchising/

NUMBER OF LOCATIONS: 102 (600+ in development)

REPORTED COST TO GET IN: $142,125 - $404,800

REPORTED ROI (Item 19): N/A

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.”

How Many DRIPBaR Locations Are There?

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.

What Is the Business Model of The DRIPBaR?

The DRIPBaR offers a semi-absentee business model with multiple revenue streams, including:

Lifestyle Drips. These IV drips are targeted to younger clients (aged 25 and up) who are looking to increase their energy, boost their immunity, or recover from an overindulgent weekend.
Health Services Drips. This treatment is geared towards older clients (aged 45 and up) who are looking for a proactive solution to potential health problems. These drips can be used to supplement cancer treatments and may be beneficial to those with Alzheimer’s and chronic illnesses.
IM Quick Shots. For those who want to get in and out quickly, the intramuscular (IM) shot provides many of the same benefits as the IV drips in just a fraction of the time.
Oral Supplements. The DRIPBaR offers supplemental treatments to augment its IV drips and shots.
Additional Services. The DRIPBaR offers a range of services, from facials to saunas to weight loss, to go along with its primary treatments.

The brand chooses its locations strategically, placing them near complementary, high-traffic businesses like Starbucks, Massage Envy and Orange Theory.

How Much Can DRIPBaR Franchise Owners Make?

The DRIPBaR franchise does not make any promises or guarantees regarding franchise owners' earnings.

How Much Does It Cost To Open a DRIPBaR Franchise?

The estimated initial investment required to open a DRIPBaR franchise is between $142,125 and $404,800. 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.

What Is the Franchise Fee for The DRIPBaR?

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.

Who’s On The DRIPBaR’s Leadership Team?

What Helpful Articles Can I Read To Learn More About The DRIPBaR?

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