Do you want to open a IV hydration business like Reset IV by buying a franchise? If YES, here is how much it cost to open a Restore IV Nutrition franchise successfully. If you are looking towards opening an IV Nutrition Franchise, it will be nice for you to have a of what the company represents before going ahead to enquire about the cost of opening an IV therapy franchise in your location.
IV Nutrition is a game-changing franchise brand in the IV hydration industry. If you’ve been researching other health and wellness franchise opportunities, you might be wondering on how to start an IV hydration business of your own.
It’s true that you could go about doing it on your own, but why navigate alone when you could partner with a well-established expert? Throughout this site, you’ll learn about many aspects of the IV Nutrition franchising experience.
Table of Content
Type of IV Nutrition Business
As a Restore Franchising, LLC franchisee, you will own and operate a business that provides cryotherapy services, cryoskin services, PBM Therapy, stretch therapy, compression therapy, IV/Drip therapy and blood testing, Infrared Sauna Therapy, allergy testing and treatment, and hyperbaric oxygen therapy through retail locations.
The business operates under the tradename “Restore Hyper Wellness + Cryotherapy”. Your primary responsibility as a franchisee will be to manage the day-to-day operations and offer quality service programs.
IV Nutrition’s founders saw an opportunity for a new niche within this growing industry. Not only does IV therapy allow for the absorption of liquids, it allows for much more effective absorption of vitamins. Vitamins taken orally will be broken down in the digestive process, leading to around 50% absorption.
IV therapy, on the other hand, allows clients to bypass digestion altogether, facilitating the absorption of vitamins at much higher rates. This led us to develop a number of IV therapies designed to address a range of common health concerns that could be improved with natural vitamins, minerals, electrolytes, and so forth.
Restore Franchising, LLC is the franchisor of IV Nutrition and it is a Texas Limited Liability Company that was formed on November 14, 2016, and maintains its principal place of business at 608 W. Monroe Street, Suite B, Austin, TX 78704. They began selling franchises in December 2016.
Financial Investment Required to Open an IV Nutrition Franchise
The total investment necessary to begin operation of a Restore Hyper Wellness + Cryotherapy franchise is $373,700.00 to $596,500.00. This includes $39,500 for the Initial Franchise Fee and between $145,000 and $150,000 for equipment that must be paid to the franchisor or its affiliate(s).
If you are Satisfied with the Cost; Here is how you can go about opening an IV Nutrition Franchise franchise?
Steps on How to Open a Restore IV Nutrition Franchise
1. Ensure You Have Adequate Capitalization.
In order to open an IV Nutrition Franchise, you must have a net worth of more than $600,000.
2. Appreciate the Investment Required
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
3. Evaluate Your Prior Experience and Strengths.
You should thoroughly evaluate your prior business experience before applying to become an IV Nutrition Franchise owner.
4. Assess Market Availability.
You will want to look at the market availability for IV Nutrition Franchise and see if there are available markets in your location of interest before proceeding with the franchising application.
5. Submit Your Application.
Your application will be reviewed by the IV Nutrition Franchise team. You will be emailed a confirmation receipt upon reception of your online application, where you will additionally provide the contact details of the franchise owner.
6. Receive Approval & Open Your IV Nutrition Franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements.