FranchiseVerdict
Live Hydration Spa logo
FV-01518·MODERATEStandard76

Live Hydration Spa

OtherFranchising since 2021Website
Investment
$136K – $535K
47th pct Other
Avg revenue
50th pct Other
Royalty
50.0% (?)
Likely extraction error
Units
2
14th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $136K – $535K including a $120K franchise fee, 50.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 32 loans (below the industry average).
  • Auditor disclosed a going-concern note — 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
Incorporated in
Nebraska
HQ
18881 West Dodge Road, Suite 206C, Omaha, Nebraska 68022
Auditor
Metwally CPA PLLC
Audited financials
Franchisor revenue
$1.1M
vs $446K prior year
⚠ Going-concern note
Disclosed in FDD 2024
Status as of 2024; may have been resolved in a later filing we don't yet have.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Live Hydration Spa unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $136K–$535K
Working capital
$
FDD reports $10K–$40K

Unlevered ROIC · per unit

-62%

Negative

0%30–60% Yale band80%

Store EBITDA · annual
$-225K
EBITDA margin
-30.0%
Total invested
$360K
Payback
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

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
Founded
2020
FDD year
2024
States available
2

Item 7 · what it costs

The Vitals

Total investment
$136K – $535K
All-in to open one unit
Liquid capital
$10K – $40K
Cash you must have on hand
Franchise fee
$120K
Royalty
50.0%
Area Representative receives 50% of net royalties paid by franchisees in their territory · typical 6–8%
Ad fund
n/d

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
0
Last reporting year
Closed
0
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
2022
2±0
Franchised units
2023
2
Franchised units
2024
3
Franchised units

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)

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
32
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

64
Risk · 0-100
MODERATE64 / 100

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.

Score breakdown · what drove the 64 / 100 rating

  1. 01MINOROnly 2 existing units indicates extremely early-stage system with minimal track record and unproven scalability
  2. 02MEDNo average revenue or net income disclosed — inability to model ROI or validate $136k-$534k investment thesis
  3. 03MINOR50% royalty on net fees is extraordinarily high and creates misaligned incentives between franchisor and franchisee profitability
  4. 04MINORZero territory protection exposes franchisees to immediate cannibalization and multi-unit saturation risk
  5. 05MED$120,000 franchise fee represents 88% of minimum investment with no disclosed path to profitability
  6. 06MINOR10-year term locks franchisees into partnership with unproven franchisor during critical growth phase
  7. 07MEDNo disclosed Item 19 financial performance data prevents validation of unit economics
  8. 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

Territory
Territory
Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Not allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Nebraska

Item 11

Training & Operations

Classroom training
78 hrs
On-the-job training
58 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

1 numbers

Locked
(531) 999-••••
NE

One-time purchase · CSV download · Validation questions included

FDD download

Live Hydration Spa · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above