Prime IV is graded based on our most recent FDD research!
Prime IV is a IV rejuvenation center that specialize in providing customized nutrient IV hydration therapy and cryotherapy services to the general public.
Prime IV has an initial franchise fee of up to $45,000, with a total upfront investment range of $153,902 to $345,402.
The initial purchase price of any franchise includes many fees. Unlock this investment opportunity to better understand the specific costs required to own an Prime IV, such as franchise fees, leasehold improvement costs, pre-opening marketing, and furniture and fixtures purchases. It should be noted that, franchise companies must to provide you with details about all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
Can you Afford a Prime IV Franchise. Complete our Affordability Calculator to find out!
As with any new business, there should be a reasonable ROI and profit potential. The specific franchise owner's salary and the revenue from an Prime IV business depends on a variety of factors. One way to confirm the potential revenues or profits generated from a Prime IV franchise investment is to review the franchisor's Item 19 within their FDD. This is called an earnings claim. This is an option for franchisors within their disclosure and approximately 68% of all franchise companies that we analyze each year will disclose financial performance data within Item 19 of their FDD. Some franchise companies may disclose limited information such as overall systemwide sales. This type of financial data is not always helpful to assess profits for you directly. So review average sales data with caution. As a general rule, usually profits and owner's income are proportionate to the overall size of the initial investment. The larger the initial investment, the higher profits you should anticipate. Another factor to owner's salary potential is based on the number of locations you purchase. If you purchase multiple locations (usually referred to as Area Development Agreements), you can expect that as you launch each additional unit, you will generate more revenue and profits overall. Demand for your products, your labor costs in your city, commercial lease rates and a number of other variables also play a huge role in your bottom line and your personal salary. Your future returns are associated with Prime IV's success. Your returns and owner's income is not just reliant on how well your own location operates, you should assess how well the entire franchise system is operating. Determine how the franchisor makes money and analyze their financial statements.
For more details and franchise specific on the revenue of an Prime IV franchise, unlock this franchise opportunity
As of the 2021 Franchise Disclosure Document, there are 5 franchised Prime IV locations in the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2021 FDD research, Prime IV has franchise locations in 3 states. There could be no locations in several states as each franchise plans their growth strategy differently.
Based on our research this franchise opportunity is growing into new regions and might be available in your city. While planning your franchise purchase, you should be thinking about where is a good location for my franchise. Anlayze the potential customer base to assess that your city has a need or a market for this business.
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Last Reviewed: 2021
Sector: Personal Services
Yes, they have an initial training program of 35 hours. This includes 21.50 hours of classroom training, 13.50 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Prime IV offers territory protections. For an explanation of territorial rights, unlock this franchise opportunity for important details.
Yes, Prime IV offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2020. The average Healthcare franchise began franchising in 2011.
No, but you can click here to fill out our affordability calculator and understand your financing options.