The Dripbar Franchise Cost, Revenue & Review 2026
- Investment
- $147K – $415K
- Disclosed sales
- $393K
- gross sales, not profit
- SBA charge-off
- 0.0%
- on 40 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
The DRIPBaR is a wellness franchise offering IV vitamin drips and nutrient therapies in a spa-like clinic setting. Franchisees run the clinics, managing licensed staff, client sessions, and retail wellness products.
FranchiseVerdict summary · 2026
A THE DRIPBaR franchise requires a total initial investment of $147K – $415K, including a $55K franchise fee. Per the 2025 FDD, average unit revenue was $393K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 40 loans[1]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored4 of 4 headline figures on this page cite a page of the filing.
Overview
- Investment
- $147K – $415K
- 29th pct Healthcare
- Avg gross sales
- $393K
- 4th pct Healthcare
- Royalty
- Not extracted
- Units
- 106
- 63rd pct Healthcare
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Healthcare · color = vs category peers
Green = favorable by >10% vs Healthcare median · 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 $147K – $415K including a $55K franchise fee.
- RETURNSAverage unit revenue of $393K/year.
- RISKVerdict B (Above average), verdict score 65/100 (higher is better). SBA loan charge-off rate of 0.0% across 40 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHPositive: net +28 franchised outlets in the latest year (31 opened, 3 closed); 33 signed but not yet open (Item 20).
- GROWTHSystem growing at 54.5% CAGR over 3 years with 106 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- DRIPBaR Franchising, LLC
- Parent company
- ZOR411 Holdings, LLC
- FDD Item 1, page 9 of the 2025 FDD
- CEO title
- Chief Executive Officer
- Ben Crosbie
- CEO experience
- 5 yrs
- Years in role or industry
- Incorporated in
- Delaware
- HQ
- 236 Franklin Street, Wrentham, MA 02093
- Auditor
- DvorakCPA LLC
- Audited financials
- Franchisor revenue
- $4.1M
- vs $3.2M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Ben Crosbie
- Headquarters
- MA
- Founded
- 2019
- FDD year
- 2025
- States available
- 22
Can you afford it, and what does the money buy?
Entry cost runs 12% below the typical healthcare franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $55K | $55K |
| Working capital (3–6 mo) | $15K | $30K |
| Equipment, build-out, other | $77K | $330K |
| Total initial investment | $147K | $415K |
Source: THE DRIPBaR 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $147K – $415K
- Top 40% of category vs category
- Liquid capital req'd
- $15K – $30K
- Top 40% of category vs category
- Franchise fee
- $55K – $55K
- Middle of category vs category
- Royalty
- Not disclosed as a fixed rate in this AR-level document; …
- Ad fund
- $1,000
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Training fee | $300 |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Inventory (initial) | $5K – $6K |
What do units actually make?
Average unit sales run 42% below the healthcare norm.
Source: FDD 2025 · Item 19
Single-unit · not modelled
Returns at a glance
An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for THE DRIPBaR until someone supplies them — yours, in the models below.
—
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for royalty rate, ad fund rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
Total invested capital · disclosed
$304K
Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.
Returns model · single-unit ROIC
What would one THE DRIPBaR unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for royalty rate, ad fund rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for royalty rate, ad fund rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.
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
- Avg gross sales
- $393K
- Per unit, per year
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Sample size
- 69 outlets
- vs category median 20 · large
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
Compared against 162 Healthcare brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $393K/year in gross sales. Revenue-to-investment ratio: 1.4x.
Disclosure
Transparency score 0/10 — minimal disclosure beyond the required average. Hard to judge the distribution of outcomes across units.
Operator retention
System expanding at 54.5% CAGR over 3 years across 106 units — operators are staying and new ones are joining.
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 medians
How The Dripbar Compares
Category median of published Healthcare brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 106
- Opened
- 31
- Last reporting year
- Closed
- 3
- Terminated
- 3
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 2.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +54.5%
- Net unit change over 3 years
- 3-yr CAGR
- +54.5%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 3
- Not renewed
- 0
- Signed, not yet open
- 33
- 0.31 per open outlet · Item 20 Table 5
- Projected new
- 65
- Franchisor's next-year forecast
- Ceased ops
- 2.9%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 22 states 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.
22
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.
- Total loans
- 40
- Loan volume
- $8.2M
- Median loan
- $231K
- 50th percentile
- Charge-off rate
- 0.0%
- on 40 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 12
- Defaults
- 0
- Typical loan rate
- 9.4%
- avg rate to borrowers
- Franchised industry avg
- 9.6%
- brand beats franchise avg ↓
- Jobs supported
- 356
- 4.4 per loan
- Lender concentration
- 55%
- top lender's share
Borrower mix: 95% went to startups / new businesses, 5% to established operators
Franchise vs independent — in offices of all other miscellaneous health practi, franchised businesses charge off at 9.6% vs 11.7% for independents — franchising is associated with 18% lower SBA default risk in this category.
Top lenders financing The Dripbar franchisees
Showing 3 of 12 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for The Dripbar from SBA 7(a) FOIA data.
- Principal loss rate
- 0.0%
- Avg SBA guarantee
- 67%
- Avg interest rate
- 9.44%
- Lender concentration
- 55.0%
- Job velocity
- 4.4 per $100K
- NAICS benchmark
- 0.0%
- NAICS 621399
- Jobs supported
- 356
Top SBA lendersTop lender holds 55% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 22 | $3.9M | 0.0% |
| 2 | Equity Bank | 3 | $565K | 0.0% |
| 3 | Manufacturers and Traders Trust Company | 3 | $625K | N/A |
| 4 | Cadence Bank | 2 | $487K | 0.0% |
| 5 | Central Bank | 2 | $356K | N/A |
| 6 | Citizens Bank | 2 | $624K | N/A |
| 7 | First Pryority Bank | 1 | $66K | N/A |
| 8 | iTHINK Financial CU | 1 | $310K | 0.0% |
| 9 | First United Bank | 1 | $249K | N/A |
| 10 | North Shore Bank, a Co-operative Bank | 1 | $350K | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| VAVirginia | 8 | 0 | -- |
| TXTexas | 7 | 0 | 0.0% |
| FLFlorida | 5 | 0 | 0.0% |
| MDMaryland | 4 | 0 | -- |
| MOMissouri | 3 | 0 | 0.0% |
| GAGeorgia | 2 | 0 | 0.0% |
| MIMichigan | 2 | 0 | -- |
| NYNew York | 2 | 0 | -- |
| AZArizona | 1 | 0 | -- |
| CACalifornia | 1 | 0 | -- |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
With a 0.0% charge-off rate across 40 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
One pending case: Refresh Wellness LLC v. Long Island Peptides LLC et al. (NY Supreme Court, Case No. 625891/2024) alleging breach of contract, fraud, and misrepresentation with $5.8M in damages sought. One prior action: Fort Collins TDB, LLC and DRIPBaR Franchising, LLC v. Drip Lounge et al. (CO District Court, Case No. 2022CV30536) involving trade secret misappropriation and breach of contract.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · DvorakCPA LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Franchisor-level total revenues (area rep licensing fees, franchise licensing fees, national marketing fund, royalties, misc.) per audited income statement; not a system-wide franchisee sales figure.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 65 / 100 verdict
- 01MINORNegative net worth -$5,280,102
- 02HIGHPending $5.8M litigation (co-defendant), 3 total matters
- 03MINORPositive net income $433,317; no going-concern note
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
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 |
| Allowed renewalsℹ | 3 |
| Territory type | Exclusive territory |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Wrentham, Massachusetts (or federal courts covering Wrentham, MA) |
| Jury trial waiver | Yes |
| Governing law | Massachusetts |
| Litigation count | 3 |
View Item 3 litigation summary
One pending case: Refresh Wellness LLC v. Long Island Peptides LLC et al. (NY Supreme Court, Case No. 625891/2024) alleging breach of contract, fraud, and misrepresentation with $5.8M in damages sought. One prior action: Fort Collins TDB, LLC and DRIPBaR Franchising, LLC v. Drip Lounge et al. (CO District Court, Case No. 2022CV30536) involving trade secret misappropriation and breach of contract.
Items 10, 11
Training & Operations
- Classroom training
- 2 hrs
- On-the-job training
- 0 hrs
- Training location
- Virtual
- Ongoing training
- Optional
- Field support
- 0 hrs/yr
- On-site visits per year
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
36 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a THE DRIPBaR franchise?
The total investment to open a THE DRIPBaR franchise ranges from $147K – $415K, with an initial franchise fee of $55K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do THE DRIPBaR franchise owners earn?
According to Item 19 of the THE DRIPBaR FDD, the average gross sales per unit is $393K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
Who owns THE DRIPBaR?
THE DRIPBaR is franchised by DRIPBaR Franchising, LLC. Its parent company is ZOR411 Holdings, LLC. Source: FDD Item 1, 2025 filing.
What is Item 19 in the THE DRIPBaR 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 THE DRIPBaR FDD and qualifies whose outlets they describe.
What is THE DRIPBaR's franchise failure rate?
Based on SBA 7(a) loan data, THE DRIPBaR has a charge-off rate of 0.0% across 40 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many THE DRIPBaR franchise locations are there?
As of their most recent FDD filing, THE DRIPBaR has 106 total units in the United States, including 106 franchised units and 0 company-owned units. 31 new units were opened in the latest reporting year.
Is THE DRIPBaR a good franchise to buy?
FranchiseVerdict rates THE DRIPBaR as a B-grade franchise with a verdict score of 65 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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
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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.