Live Hydration Spa Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Live Hydration Spa is a wellness franchise offering IV hydration, vitamin therapy, and injectables in a spa setting. Franchisees run the studios, managing licensed clinical staff, appointments, and memberships.
FranchiseVerdict summary · 2026
A Live Hydration Spa franchise requires a total initial investment of $228K – $396K and an ongoing 7.5% 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]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2024 FDD issuance
Overview
- Investment
- $228K – $396K
- 49th pct Healthcare
- Avg gross sales
- N/A
- Incl. company outlets
- Royalty
- 7.5%
- 44th pct Healthcare
- Units
- 32
- 47th pct Healthcare
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Healthcare · color = vs category peers
Green = favorable by >10% vs Healthcare avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $228K – $396K, 7.5% ongoing royalty.
- RETURNSItem 19 discloses Gross Sales broken out by Membership Gross Sales, Service Gross Sales, and Product Gross Sales percentages for each Operational Franchise Outlet (Tables 4 and 5), in addition to whole-unit total Gross Sales.
- RISKVerdict A (Strongest tier), verdict score 78/100 (higher is better). SBA loan charge-off rate of 0.0% across 13 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- FLAG4 units terminated last reporting year (12.5% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Live Hydration Spa Franchise LLC
- Parent company
- C&F Holding Company, LLC / Live Holdings LLC
- Ultimate parent
- Live Holdings LLC
- Predecessor
- none
- Prior franchisor entity
- CEO title
- Co-Founder and Chief Executive Officer
- Felicia Janovich
- Founder active
- Yes
- Original founder still leading the business
- 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
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Felicia Janovich
- Headquarters
- Nebraska
- Founded
- 2020
- FDD year
- 2024
- States available
- 3
Can you afford it, and what does the money buy?
Entry cost runs 25% below the typical healthcare franchise.
Source: FDD 2024 · Items 5–7
Full Item 7 breakdown8 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
- $228K – $396K
- Middle of category vs category
- Liquid capital req'd
- $60K – $130K
- Middle of category vs category
- Franchise fee
- N/A
- Paid to franchisor at signing
- Royalty
- 7.5%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.5% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $100 |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Inventory (initial) | $7K – $9K |
What do units actually make?
Source: FDD 2024 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Live Hydration Spa did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Live Hydration Spa unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
29%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2024 FDD
Financial Performance
Item 19 discloses Gross Sales broken out by Membership Gross Sales, Service Gross Sales, and Product Gross Sales percentages for each Operational Franchise Outlet (Tables 4 and 5), in addition to whole-unit total Gross Sales.
Includes company-owned outlets
- Item 19 type
- gross sales table
- Sample size
- 24
- vs category median 20
- Range (low → high)
- $62K→$1.6M
- Cohort dispersion (min → max)
- Transparency tier
- limited
- Categorical assessment of disclosure depth
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2024
- The FDD edition these figures were read from
- Transparency
- 0 / 10
- vs category median 3 / 10 · below
Compared against 162 Healthcare brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
7.5% royalty + 2.0% ad fund.
Disclosure
Item 19 reports gross sales table rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System expanding at 114.3% CAGR over 3 years across 32 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Healthcare averages
How Live Hydration Spa Compares
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 32
- Opened
- 6
- Last reporting year
- Closed
- 0
- Terminated
- 4
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 13.3%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 94%
- vs corporate-owned
- Net growth (3-yr)
- +114.3%
- Net unit change over 3 years
- 3-yr CAGR
- +114.3%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 6
- Closed (3yr)
- 0
- Terminated (3yr)
- 4
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 2
- Reacquired (3yr)
- 0
- Franchisor bought back
- 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 · 3 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.
3
states with franchisees (per FDD Item 12)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
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
- Typical loan rate
- 9.2%
- avg rate to borrowers
- Franchised industry avg
- 17.4%
- brand beats franchise avg ↓
- Jobs supported
- 116
- 5.2 per loan
- Lender concentration
- 62%
- top lender's share
Borrower mix: 100% went to startups / new businesses, 0% to established operators
Franchise vs independent — in other personal care services, franchised businesses charge off at 17.4% vs 20.9% for independents — franchising is associated with 17% lower SBA default risk in this category.
Top lenders financing Live Hydration Spa franchisees
Showing 3 of 6 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
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.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
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)
None disclosed.
Largest disclosed settlement: $57,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Metwally CPA PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 78 / 100 verdict
- 01MINOROnly 2 existing units indicates extremely early-stage system with minimal track record and unproven scalability
- 02MINOR50% royalty on net fees is extraordinarily high and creates misaligned incentives between franchisor and franchisee profitability
- 03MINORZero territory protection exposes franchisees to immediate cannibalization and multi-unit saturation risk
- 04MED$120,000 franchise fee represents 88% of minimum investment with no disclosed path to profitability
- 05MINOR10-year term locks franchisees into partnership with unproven franchisor during critical growth phase
- 06MEDNo disclosed Item 19 financial performance data prevents validation of unit economics
- 07MINORVague business model (hydration spa) lacks clarity on service differentiation, unit economics, or labor model
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 5 mi |
| Territory population | 200,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 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 | NE |
| Litigation count | 0 |
View Item 3 litigation summary
None disclosed.
Items 10, 11
Training & Operations
- Classroom training
- 56 hrs
- On-the-job training
- 58 hrs
- Training location
- Remote and on-site at franchisee's Live Hydration Spa Location
- Ongoing training
- Required
- Time to open
- 8 mo
- From signing to launch
- Site selection
- franchisee, subject to franchisor approval
- Franchisor financing
- Not offered
- Item 10
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 $228K – $396K. 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 Item 19 in the Live Hydration Spa FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Live Hydration Spa FDD and qualifies whose outlets they describe.
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 32 total units in the United States, including 30 franchised units and 2 company-owned units. 6 new units were opened in the latest reporting year.
Is Live Hydration Spa a good franchise to buy?
FranchiseVerdict rates Live Hydration Spa as a A-grade franchise with a verdict score of 78 out of 100 (higher is better), 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
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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.