Dripology Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Dripology is a wellness franchise offering IV therapy, NAD+, medical weight loss, and aesthetics under medical supervision. Franchisees run the clinics, managing clinical staff, treatments, and memberships.
FranchiseVerdict summary · 2026
A Dripology franchise requires a total initial investment of $149K – $401K, including a $40K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $149K – $401K
- 29th pct Healthcare
- Avg gross sales
- N/A
- 1 outlet
- Royalty
- 6.0%
- 11th pct Healthcare
- Units
- 1
- 1st pct Healthcare
- SBA charge-off
- N/A
Quick verdict · Healthcare · color = vs category peers
Green = favorable by >10% vs Healthcare avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $149K – $401K including a $40K franchise fee, 6.0% ongoing royalty.
- RETURNSFigures from the audited Balance Sheet of Dripology Franchise, LLC as of May 29, 2025 (single-date balance sheet, whole US dollars, not in thousands). Total assets $10,000 (all cash) = total liabilities $0 + members' equity $10,000; reconciles. This is a newly formed startup franchisor (formed March 2025) that will begin offering franchises in June 2025; the exhibit contains NO statement of operations, so revenue and net income are not shown (null). Auditor: Smith, Buzzi & Associates, LLC, Miami, FL (report dated June 4, 2025). Only one entity is presented; no parent/guarantor.
- RISKVerdict D (Below average), verdict score 35/100 (higher is better).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Dripology Franchise LLC
- Parent company
- None
- Predecessor
- Dripology LLC (affiliate, California LLC, operated since June 2019)
- Prior franchisor entity
- CEO title
- Co-Owner / CEO
- Hamed Afshari
- Incorporated in
- FL
- HQ
- 10428 Sunstream Lane, Boca Raton, FL 33428
- Auditor
- Smith, Buzzi & Associates, LLC
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
Overview
About
- CEO
- Hamed Afshari
- Headquarters
- FL
- Founded
- 2025
- FDD year
- 2025
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 34% below the typical healthcare franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $40K | $40K | |
| Training (Transportation and Lodging) | $2K | $5K | |
| Rent, Prepaids and Security Deposit (3 months) | $9K | $15K | |
| Construction of Leasehold Improvements | $20K | $130K | |
| Furniture, Fixtures, and Décor | $10K | $15K | |
| Initial Inventory | $5K | $10K | |
| Medical Equipment | $20K | $100K | |
| Signage | $5K | $10K | |
| Business Licenses and Permits | $500 | $2K | |
| Professional Fees | $500 | $1K | |
| Office supplies, TV, Cameras, and other equipment | $2K | $3K | |
| Computer and POS System | $2K | $4K | |
| Business Insurance (3 months) | $3K | $6K | |
| Grand Opening Advertising | $5K | $10K | |
| Additional Funds for First 3 Months | $25K | $50K | |
| Area Development Fee | $80K | $120K | |
| Total initial investment | $229K | $521K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $149K – $401K
- Top 40% of category vs category
- Liquid capital req'd
- $25K – $50K
- Top 40% of category vs category
- Franchise fee
- $40K – $40K
- Top 40% of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- -n/d
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Technology fee | $700 |
| Transfer fee | $10K |
| Renewal fee | $15 |
| Inventory (initial) | $5K – $10K |
| Total fee load | 6.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Dripology did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Dripology unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
38%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Figures from the audited Balance Sheet of Dripology Franchise, LLC as of May 29, 2025 (single-date balance sheet, whole US dollars, not in thousands). Total assets $10,000 (all cash) = total liabilities $0 + members' equity $10,000; reconciles. This is a newly formed startup franchisor (formed March 2025) that will begin offering franchises in June 2025; the exhibit contains NO statement of operations, so revenue and net income are not shown (null). Auditor: Smith, Buzzi & Associates, LLC, Miami, FL (report dated June 4, 2025). Only one entity is presented; no parent/guarantor.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 6.0% — below the Healthcare average of 8.8%.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Healthcare averages
How Dripology Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Dripology presents HIGH RISK due to a non-existent franchise system (1 unit), absent financial disclosures, questionable corporate going concern, and inability to model realistic returns on a $149k-$400k investment.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Largest disclosed settlement: $120,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Smith, Buzzi & Associates, LLC
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 35 / 100 verdict
- 01MINOROnly 1 franchised unit in system indicates minimal proven model or severe market rejection
- 02MINORNo Item 19 (average revenue/income disclosure) provided — cannot validate return on $149k-$400k investment
- 03HIGHGoing concern status is False, suggesting potential corporate financial instability or viability questions
- 04MED6% royalty on undisclosed revenues makes ROI projection impossible; high initial investment without revenue benchmarks
- 05MINORSingle unit suggests franchise is either brand new, failing, or both — extreme execution risk
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 6.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 10 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 3 |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | Boca Raton, FL (franchisor headquarters) |
| Jury trial waiver | No |
| Governing law | FL |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 16 hrs
- On-the-job training
- 45 hrs
- Training location
- Franchisor location and franchisee's location
- Ongoing training
- Optional
- Time to open
- 7 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Square or Boulevard POS System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Square or Boulevard POS System
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Dripology franchise?
The total investment to open a Dripology franchise ranges from $149K – $401K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Dripology franchise owners earn?
Dripology does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Dripology FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Dripology FDD and qualifies whose outlets they describe.
What is Dripology's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Dripology (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Dripology franchise locations are there?
As of their most recent FDD filing, Dripology has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is Dripology a good franchise to buy?
FranchiseVerdict rates Dripology as a D-grade franchise with a verdict score of 35 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Dripology, you can request corrections or provide updated information.
Other Healthcare franchises
Compare similar franchise opportunities in the Healthcare category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.