Wellness Industry

Premiere IV Therapy Brand Adorns Entrepreneur Magazine’s Annual Ranking

COLORADO SPRINGS, Colo. — Prime IV Hydration and Wellness, the nation’s leading and fastest-growing IV therapy franchise, was named one of the Fastest-Growing Franchises in North America for 2024 by Entrepreneur magazine; who releases the ranking annually. The listing comes not long after Prime IV made public their record year of franchise growth and development in 2023.

As the Entrepreneur team shares, growth is what franchising is all about, and the Fastest-Growing Franchises list identifies the franchise brands with the greatest unit growth in North America over the last year, based on the data those brands submitted for the most recent Franchise 500®.

“The Prime IV name is beginning to adorn an increasing number of franchise rankings, offering validation to the incredible strides our team has taken to advance not only our franchise opportunity, but the IV modality as a whole,” said Amy Neary, CEO of Prime IV Hydration & Wellness. “And with over 200 franchise locations in the development pipeline, our momentum is only going to compound in the years ahead.”

Prime IV’s debut on the annual listing comes after the franchise opened 59 spas in 2023 alone, representing a 120% YOY rate of growth for the franchise. This is up from the 113% growth the brand posted in 2022. Much of that development has stemmed from the public’s growing recognition of the intravenous modality, and its growing demand in markets across the country.

“Working to improve the public’s understanding on the safety and efficacy of IV therapy is a leading focus for us in 2024,” Neary continued. “That enhanced education is crucial in bringing new members through our doors and driving market expansion across the country.”

Those wanting to connect with the Prime IV team to further explore the brand’s franchise opportunity are encouraged to email JoinUs@primeivhydration.com with any questions they may have, or to visit primeivhydration.com/franchising for more information.

Premiere IV Therapy Brand Posts 120% YOY Growth to Close Out 2023

COLORADO SPRINGS, Colo. — Prime IV Hydration and Wellness, the nation’s leading and fastest-growing IV therapy franchise, has confirmed that 2023 was the most significant year-to-date for the brand’s franchise opportunity; having closed out the year with 108 spas open and 244 sold in what was only their 3rd year of franchising.

Of those operating spas, 59 were opened in 2023 alone, representing a 120% YOY rate of growth for the franchise. This is up from the 113% growth the brand posted in 2022. Much of that development has stemmed from the public’s growing recognition of the intravenous modality, and its growing demand in markets across the country.

The Prime IV team hopes to open an additional 97 spas this year, in line with their stated ambition to have 750 franchise locations in service by the end of 2027.

“Educating communities on the efficacy of IV therapy has often seemed like an uphill battle. It’s not easy leading the charge and driving acceptance for a holistic health alternative most people don’t know exists,” shared Prime IV founder and CEO Amy Neary. “But to see how far the brand has come, how quickly we’ve gotten here, to have opened our 100^th location after just 3 years, it makes me confident that narrative is changing drastically.”

Prime IV’s 2023 performance was enough to begin catching the attention of some of the industry’s most prestigious, sough-after accolades. The franchise ranked #1 in the IV Therapy Category for Entrepreneur’s 2024 Franchise 500, and was named a Top Franchise for 2024 by Franchise Business Review in their annual ranking that’s judged solely on actual franchisee satisfaction and performance.

“The feats of accomplishment we came by this past year exceeded anything we could have expected, especially being a relatively new concept in the field,” said Neary. “But now, our team is buzzing with anticipation, looking ahead at the milestones, new territories, and systemwide developments we plan to see in 2024. Much of which will be touched on at our 2^nd annual franchise conference down in Tulum later this month.”

Those wanting to connect with the Prime IV team to further explore the brand’s franchise opportunity are encouraged to email JoinUs@primeivhydration.com with any questions they may have, or to visit primeivhydration.com/franchising for more information.

Leading IV Treatment Spa Brand on Pace for Record-Setting Year of Development.

COLORADO SPRINGS, Colo. — Prime IV Hydration & Wellness, the nation’s foremost vitamin infusion therapy brand, has continued to prove that IV therapy, and with it, their franchise concept, is far more than a growing wellness fad, as the brand has progressed at a record rate of development in the first quarter of the year.

Prime IV welcomed the opening of 12 franchises during the first quarter, raising their system-wide total to 59 operating locations. Additionally, they secured 18 franchise agreements for a cumulative 18 new spa locations, bumping the total number of units in development from a pre-year 101 to 112.

The deals amassed over the first quarter have left Prime IV represented in 34 total states, as well as the District of Columbia. This is after the brand signed for their first franchise locations in Oklahoma, Rhode Island, and Washington D.C. over the course of these past several months in 2023.

“To have been able to kick the year off reporting such strong numbers makes our entire team confident in what the brand can achieve over the course of the remaining year,” said Amy Neary, founder and CEO of Prime IV. “But beyond that, it’s verifiable evidence of the growing public acceptance and utility of intravenous therapy.”

According to Allied Market Research, the global Intravenous Therapy and Vein Access Market size is projected to reach $37.5 billion by 2030 – an increase in value of more than 60% from where the market stood at the start of the decade. As well as a point of confidence for the Prime IV team as the brand continues to build out its footprint in new markets throughout the country, both in Q2 and beyond.

“Prime IV has made headlines on the local and national levels these past few months as the franchise and its cutting-edge spa experience become more recognizable to everyday people in search of a more natural approach to personal wellness,” said Steve Shideler, Prime IV Vice President of Marketing. “And as that growing trend becomes more pronounced, we anticipate seeing a real payoff with interest from more franchise prospects than ever before.”

For more information on franchising opportunities with Prime IV, please visit https://primeivhydration.com/franchising.