Bottom line
- Total investment $521K – $962K including a $75K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.6M/year (median $1.1M).
- Rated MODERATE with a risk score of 55/100.
- 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
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 Relive Health unit return on the cash you put in?
Unlevered ROIC · per unit
28%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Relive Health units return on equity?
Equity IRR · 5-yr
33.4%
4.23× MOIC
Year-1 DSCR
2.42×
EBITDA ÷ debt service
Equity required
$5.9M
on $15.6M purchase
Total debt
$9.7M
SBA $5.0M + senior + seller note
Overview
About
Relive Health franchisees operate wellness/medical spa facilities offering services such as physical therapy, regenerative medicine, and health optimization treatments. Day-to-day operations include patient scheduling, administering treatments, managing clinical staff, maintaining compliance with medical regulations, and generating revenue through direct patient services and insurance billing.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 20 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage franchise with recent regulatory violations, unresolved profitability transparency, and material litigation creates elevated risk despite strong revenue averages and unit growth.
Score breakdown · what drove the 55 / 100 rating
- 01MINORMultiple regulatory violations in 2024 (Maryland and Minnesota) for selling unregistered franchises, indicating compliance lapses
- 02MEDNo disclosed average net income despite $1.56M average revenue, preventing ROI analysis and suggesting potential profitability concerns
- 03HIGHMaterial litigation history including $375,000 settlement with trademark/breach of contract dispute, raising questions about operational stability and IP protection
- 04MEDRapid unit growth (100% YoY) from only 25 units suggests early-stage system vulnerability and limited historical performance data
- 05MEDHigh initial investment ($521K-$962K) relative to system size and undisclosed net income creates significant financial exposure
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
28 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Relive Health · FDD (2025) PDF