Mike Botkin, a former landscaping business owner who grew his company through acquisitions, joins the discussion on a questionable $12M IV therapy franchise deal in Midland, Texas. The conversation dives into the dubious math, regulatory hurdles, and marketing gimmicks surrounding this emerging market. They humorously explore the viability of the franchise model versus the saturated med spa industry, while shedding light on the potential health boom driven by local oil wealth. Skepticism around the investment's profitability adds a critical edge to the analysis.
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insights INSIGHT
Wealthy Market Doesn’t Equal Automatic Success
Midland's oil-driven wealth creates a high-income local market that could support discretionary wellness services.
Location advantage alone doesn't validate the business economics or franchise viability.
insights INSIGHT
Financials Don't Add Up
The listing shows $710K cash flow, $2.1M revenue, and $2.8M EBITDA, a clear arithmetic mismatch.
That inconsistency is a red flag signaling unreliable financial reporting.
insights INSIGHT
IV Clinics Blur Medical And Consumer Lines
IV hydration clinics sit between wellness and medical care and often rely on a supervising physician to prescribe treatments.
That regulatory dependence weakens a pure consumer-franchise play versus typical retail franchises.
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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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