#USA #IV therapy #Colorado Springs #wellness franchise #Prime IV Hydration

Prime IV Hydration & Wellness: A Year of Unprecedented Success in 2024

In an exciting announcement, Prime IV Hydration & Wellness, the nation's foremost IV drip therapy franchise, has declared 2024 as a landmark year characterized by impressive growth and recognition. After opening 55 new locations across various states, including South Dakota, Rhode Island, and Alabama, the franchise now operates 155 clinics nationwide. This expansion is complemented by the awarding of 70 franchise agreements, bringing the total to 300 locations sold across 45 states.

Record-Breaking Financial Performance

Remarkably, Prime IV has reported over a 100% increase in revenue over the past year, showcasing strong profitability in unit economics, even while only operating a third of the total spas currently in place. CEO Amy Neary attributes this tremendous success to the franchise's unwavering commitment to delivering high-quality wellness services and memorable customer experiences. "2024 was a massive year for Prime IV, as we expanded our footprint and solidified our reputation as a leader in IV drip therapy and wellness," Neary stated.

Recognition from Industry Leaders

Prime IV's dedication to excellence and innovation has not gone unnoticed. The brand garnered 12 awards in 2024, reflecting its strong standing in the wellness industry. Highlights include:

• - Ranked #389 in the overall Entrepreneur Franchise 500, with the #1 position in the IV Therapy category.
• - Recognized as one of the Top New Emerging Franchises and ranked #132 in the Fastest Growing Franchise category.
• - Awarded Best in Business 2024 by Inc. Magazine.
• - Notably, both Neary and Prime IV were featured in the 2024 issue of Franchise Business Review's awards, including recognition for top franchise culture and top franchises for veterans.

New Leadership to Propel Growth

As part of Prime IV’s momentum, the brand has made strategic leadership appointments. Jeff Pennell was brought in as President and COO, aimed at bolstering franchisee support and stimulating growth. Andrea Mowes was appointed Clinical Manager, focusing on maintaining high medical training standards across all franchises. Pennell expressed optimism for opportunities ahead, emphasizing the brand's potential to set the gold standard in wellness and IV drip therapy.

Future Goals for 2025

Looking ahead, Prime IV aims to sustain its growth trajectory in 2025 by strategically targeting new markets for expansion. The franchise has set ambitious goals, including:

• - Establishing a total of 225 spas with a goal of 350 locations sold by the end of the year.
• - Optimizing current treatment offerings and experimenting with innovative wellness solutions to further elevate client wellness.
• - Doubling the Business Success team to enhance support for franchise partners, focusing on operational success and maximizing profitability.

Those interested in learning more about Prime IV's franchising opportunities can reach out via email or visit their dedicated franchising page for further information.

About Prime IV Hydration & Wellness

Founded in 2017 by Amy Neary, Prime IV Hydration & Wellness has quickly risen to national prominence in the health and wellness sector. With services like IV therapy, micronutrient injections, and rapid weight loss solutions, the brand tailors wellness plans that suit individual clients' health objectives. With over 155 locations across the country, Prime IV is at the forefront of the wellness industry, committed to enhancing clients' vitality and health through personalized care and leading-edge wellness techniques.

This remarkable year in 2024 not only positioned Prime IV as a heavyweight in the wellness community but also set the stage for continued advancements and success as they move into 2025.