Sangster's Health Centres vs Hydrate IV Bar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Sangster's Health Centres vs Hydrate IV Bar including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Sangster's Health Centres Franchise
Hydrate IV Bar Franchise
Investment $125,000 - $160,000$167,850 - $381,000
Franchise Fee $25,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 19712016
Year Franchised 19782020
Term Of Agreement 2-5 years-
Term Of Agreement 2-5 years-
Renewal Fee $5K-


Business Experience Requirements

 
Sangster's Health Centres Franchise
Hydrate IV Bar Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Sangster's Health Centres Franchise
    Hydrate IV Bar Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory Yes/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Sangster's Health Centres Franchise
    Hydrate IV Bar Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 5% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Sangster's Health Centres Franchise
    Hydrate IV Bar Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Sangster's Health Centres

    Since 1971, Sangster's Health Centres have offered customers a line of over 250 health products. The Saskatoon, Saskatchewan-based chain sells vitamins, minerals, herbs, organic foods, sports nutrition and weight loss products to customers throughout Canada.

    About Hydrate IV Bar

    "Hydrate

    Hydrate IV Bar is a collection of IV therapy spas promoting wellness from within since 2016. With comfortable chairs, soothing music and a menu of services for illness, wellness, recovery, and beauty, Hydrate IV Bar is a place for you to relax, recharge and refresh your routine.
    Headquartered in Denver, Colorado, Hydrate IV Bar launched their nationwide franchise program in 2020.
    Now is the time to get in on thee ground floor, before someone else acquires the territory you wish.