In this episode, the hosts dissect a $12M IV therapy franchise deal in oil-rich Midland, Texas—and uncover a mix of sketchy math, questionable branding, and a saturated niche market.

Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.

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This week’s deal is a $12 million “turnkey wellness empire” in Midland, Texas, offering IV therapy and a newly minted franchise system. With projected 2025 revenues of $2.5M, $710K SDE, and an eyebrow-raising $2.8M EBITDA, the financials don't quite add up—and the team dives in to unpack it all.

Key Highlights:
- Asking Price: $12M for $710K SDE and $2.8M claimed EBITDA
- Location: Midland, TX—high-income, oil-driven market
- Business Type: Single-location IV clinic + early-stage franchise
- Legal Hurdles: MSO structure needed for compliance, tough for financing
- Major Red Flag: Brand offers a “Jesus Shot” and unclear financials

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