The DRIPBaR logo

The DRIPBaR Franchise

Audited Financials
WellnessEst. 2019Wrentham, MA
www.TheDRIPBaR.com

Risk Score

Pending analysis

Investment Range

$147,125 - $415,200

Franchise Fee

$50,000

Total US Locations

106

Business Summary

The DRIPBaR operates businesses that provide intravenous vitamin therapies (I.V. Vitamin Therapy Services) and other approved products and services. Franchisees either offer I.V. Vitamin Therapy Services directly to clients or provide practice management support to medical practices and licensed professionals who offer these services. The target market includes individuals aged 18 and older interested in preventative care and supporting a healthy lifespan. The DRIPBaR also offers a variety of additional services and products within its stores. Franchisees do not practice medicine unless legally permitted in their state; instead, they may contract with approved suppliers to provide medical director services to oversee medical staff and the delivery of I.V. Vitamin Therapy Services.

Corporate History

DRIPBaR Franchising, LLC was organized as a Delaware limited liability company on July 24, 2019. The company's parent is ZOR411 Holdings, LLC, which was also formed in 2019. DRIPBaR Franchising, LLC began offering franchises in September 2019 under its current name. The brand has affiliates such as TDB IP Holdings, LLC, which manages trademarks, and DRIPBaR Franchising Canada, LLC, which offers franchises in Canada. DRIPBaR Franchising, LLC does not operate any company-owned The DRIPBaR businesses directly.

Financial Overview

Investment Range

$147,125 - $415,200

Franchise Fee (Low)

$50,000

Franchise Fee (High)

$55,000

Royalty %

7%

Marketing %

2%

Equipment Costs (Low)

$35,000

Equipment Costs (High)

$250,000

Working Capital

$22,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

The FDD's 'Special Risks to Consider About This Franchise' section highlights that DRIPBaR Franchising, LLC's financial condition, as reflected in its financial statements, raises questions about its ability to provide services and support to franchisees. Although the company reported a net income of $433,317 in 2024, it experienced a significant net loss of $(3,541,706) in 2023. Additionally, DRIPBaR Franchising, LLC has negative partner capital, totaling $(6,208,663) in 2023 and $(5,280,102) in 2024. These factors indicate potential financial challenges for the franchisor.

Financing Details

DRIPBaR Franchising, LLC does not offer any direct or indirect financing to its franchisees, nor does it guarantee any notes, leases, or obligations for them.

Performance Metrics

Total US Locations

106

Franchised Units

106

Corporate Units

0

Avg Square Footage

1,250

Franchising Since

2019

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their franchise, DRIPBaR franchisees must provide 180 days written notice before the current term expires. They must be in full compliance with all agreements, without any history of uncured defaults. Franchisees are required to renovate their location to meet DRIPBaR Franchising, LLC's then-current brand standards, and pay a renewal fee of $5,000. They must also sign the franchisor's current Franchise Agreement, which may have different terms including a modified territory, and provide satisfactory evidence of a valid lease for the location. Finally, their management staff must complete any prescribed refresher training, and the franchisee must sign a general release of claims.

Training & Support Program

Franchisor Assistance

DRIPBaR Franchising, LLC assists franchisees before opening by reviewing and approving their proposed site, providing access to its confidential operations manual, and offering prototype construction plans or buildout guidelines. It also provides an initial training program. For a franchisee's first location, DRIPBaR Franchising, LLC sends a representative to assist with the grand opening and provide additional on-site training, though franchisees are responsible for the representative's travel and lodging expenses. Ongoing support includes administering the General Advertising and Marketing Fund, making additional training available, and providing updates to the System and Manual. DRIPBaR Franchising, LLC also offers advice on location operations based on reports and inspections, and guidance on standards, specifications, and operating procedures.

Initial Training Hours

45

Training Location

Virtual, Franchisee's location

Ongoing Support

DRIPBaR Franchising, LLC offers continuous support to its franchisees after opening. This includes administering the General Advertising and Marketing Fund, providing additional training opportunities, and supplying updates to its System and Operations Manual. DRIPBaR Franchising, LLC advises franchisees on their location's operations, offers guidance on standards and procedures based on reports and inspections, and requires attendance at mandatory annual conferences. Franchisees must also utilize designated technology platforms and services, such as billing and payment processing, digital and social media marketing, online reputation management, and website/SEO services, for which they pay monthly fees to DRIPBaR Franchising, LLC or approved vendors. Franchisees are also required to participate in various gift card, loyalty, and promotional campaigns.

Franchise Requirements

Ideal Candidate Profile

DRIPBaR Franchising, LLC looks for individuals with a good reputation and character, business experience, and financial strength. Franchisees or their Designated Principals, who must own at least 50% of the equity, are expected to be actively involved in the management of all aspects of their Franchised Business. If the owner is not actively involved, an approved manager must oversee operations. For multi-unit operators, DRIPBaR Franchising, LLC may require employing a dedicated Multi-Unit Operations Director to oversee all locations and serve as the main point of contact, who must meet specific educational and business criteria and complete initial training.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Retail

Owner Participation

Supervisory

Territory Type

Non-Exclusive

Territory Size Requirements

DRIPBaR Franchising, LLC grants a territory defined as a three-mile radius from the approved location or an area with a population of 100,000, whichever is less. However, the franchisor explicitly states that franchisees will not receive an exclusive territory and may face competition from other franchisees, company-owned outlets, or other distribution channels.

Staffing Notes

DRIPBaR Franchising, LLC franchisees are responsible for recruiting, hiring, and training their employees, who are considered the franchisee's agents. Franchisees must adhere to all applicable employment laws and any minimum staffing requirements set by DRIPBaR Franchising, LLC. Employees in licensed positions must hold current licenses. If state laws mandate a Medical Director, this individual is responsible for employing and controlling all licensed healthcare professionals and staff who provide I.V. Vitamin Therapy Services; franchisees are explicitly prohibited from directing or supervising these medical services. For multi-unit operators, DRIPBaR Franchising, LLC may require the employment of a Multi-Unit Operations Director to oversee day-to-day operations and act as the main point of contact.