Live Hydration SpaFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Live Hydration Spa franchise requires a total initial investment of $136K – $535K, including a $120K franchise fee and an ongoing 0.5% royalty[2]. The 2024 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 0.0% charge-off rate across 13 loans[1]. Verdict grade: B. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $136K – $535K
- 11th pct Personal Care…
- Avg gross sales
- N/A
- 34th pct Personal Care…
- Royalty
- 0.5%
- 0th pct Personal Care…
- Units
- 2
- 6th pct Personal Care…
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Personal Care & Beauty · color = vs category peers
Green = >15% above Personal Care & Beauty avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Only 0.0% of 13 SBA loans charged off, well below the 16% franchise average.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $136K – $535K including a $120K franchise fee, 0.5% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 54/100. SBA loan charge-off rate of 0.0% across 13 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Live Hydration Spa Franchise LLC
- Parent company
- C&F Holding Company, LLC and Live Holdings LLC
- CEO title
- Co-Founder and Chief Executive Officer
- Felicia Janovich
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- NE
- HQ
- 18881 West Dodge Road, Suite 206C, Omaha, Nebraska 68022
- Auditor
- Metwally CPA PLLC
- Audited financials
- Franchisor revenue
- $1.1M
- vs $446K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
- ⚠ Going-concern note
- Disclosed in FDD 2024
- Status as of 2024; may have been resolved in a later filing we don't yet have.
Overview
About
Live Hydration Spa franchisees operate wellness facilities offering intravenous hydration therapy, vitamin infusions, and related IV-based treatments. Daily operations likely include patient intake, IV administration, clinical compliance, inventory management, and marketing to corporate/wellness clients. Revenue model depends on per-service pricing and client retention, but specific unit economics are undisclosed.
- CEO
- Felicia Janovich
- Headquarters
- NE
- Founded
- 2020
- FDD year
- 2024
- States available
- 2
FDD Item 7 · 2024 filing · 8 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Area Representative Feenot refundable | $120K | $480K | |
| Computer, Software and Point of Sale System | $500 | $2K | |
| Insurance Deposits | $750 | $4K | |
| Travel for Initial Training | $2K | $3K | |
| Professional Fees | $2K | $5K | |
| Business Licenses and Permits | $475 | $1K | |
| Office Supplies | $500 | $1K | |
| Additional Funds - Three Months | $10K | $40K | |
| Total initial investment | $136K | $535K |
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
- $136K – $535K
- Better than avg vs category
- Liquid capital req'd
- $10K – $40K
- Better than avg vs category
- Franchise fee
- $120K – $480K
- Near category avg vs category
- Royalty
- 0.5%
- Area Representative receives 50% of net royalties paid by franchisees in their territory · typical 6–8%
- Ad fund
- -n/d
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 0.5% of gross sales |
| Technology fee | $150 |
| Training fee | $300 |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Inventory (initial) | $7K – $9K |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Personal Care & Beauty averages
How Live Hydration Spa Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- 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
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- -33.3%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 0
- Franchisor's next-year forecast
- Continuity rate
- 100.0%
- Units that stayed open
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 2 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.
2
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
- 13
- Loan volume
- $2.2M
- Median loan
- $200K
- 50th percentile
- Charge-off rate
- 0.0%
- 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
- 6
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Live Hydration Spa's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 6 lenders with concentration factor
- Per-state charge-off rates across 7 states
- Startup risk premium and job creation velocity
- 5-year lending trend
Instant access. No subscription.
With a 0.0% charge-off rate across 13 loans, banks have historically viewed this brand favorably for lending.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Extremely early-stage franchise system with only 2 units, no financial disclosure, punitive royalty structure, zero territory protection, and high capital requirements — presents substantial investment risk with minimal validation data.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Largest disclosed settlement: $57,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Metwally CPA PLLC⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- 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 54 / 100 rating
- 01MINOROnly 2 existing units indicates extremely early-stage system with minimal track record and unproven scalability
- 02MEDNo average revenue or net income disclosed — inability to model ROI or validate $136k-$534k investment thesis
- 03MINOR50% royalty on net fees is extraordinarily high and creates misaligned incentives between franchisor and franchisee profitability
- 04MINORZero territory protection exposes franchisees to immediate cannibalization and multi-unit saturation risk
- 05MED$120,000 franchise fee represents 88% of minimum investment with no disclosed path to profitability
- 06MINOR10-year term locks franchisees into partnership with unproven franchisor during critical growth phase
- 07MEDNo disclosed Item 19 financial performance data prevents validation of unit economics
- 08MINORVague business model (hydration spa) lacks clarity on service differentiation, unit economics, or labor model
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Territory |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Territory population | 200,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | Douglas County, Nebraska |
| Jury trial waiver | Yes |
| Governing law | Nebraska |
| 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
- 78 hrs
- On-the-job training
- 58 hrs
- Training location
- Omaha, Nebraska
- Site selection
- franchisee
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
1 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Live Hydration Spa · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Live Hydration Spa franchise?
The total investment to open a Live Hydration Spa franchise ranges from $136K – $535K, with an initial franchise fee of $120K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Live Hydration Spa franchise owners earn?
Live Hydration Spa 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 Live Hydration Spa's franchise failure rate?
Based on SBA 7(a) loan data, Live Hydration Spa has a charge-off rate of 0.0% across 13 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 Live Hydration Spa franchise locations are there?
As of their most recent FDD filing, Live Hydration Spa has 2 total units in the United States, including 2 franchised units and 0 company-owned units.
Is Live Hydration Spa a good franchise to buy?
FranchiseVerdict rates Live Hydration Spa as a B-grade franchise with a risk score of 54 out of 100, 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 Live Hydration Spa, you can request corrections or provide updated information.
Claim this brandOther Personal Care & Beauty franchises
Compare similar franchise opportunities in the Personal Care & Beauty 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.