FranchiseVerdict
V/O Med Spa logo
FV-02867·STRONGExcellent91

V/O Med Spa

Formerly known as VIO Med Spa

Health & Wellness - OtherFranchising since 2018Website
Investment
$930K – $1.2M
97th pct Other
Avg revenue
$1.5M
49th pct Other
Royalty
6.0%
16th pct Other
Units
35
63rd pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $930K – $1.2M including a $50K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $1.5M/year (median $1.2M).
  • Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 53 loans (below the industry average).
  • System growing at 233.3% CAGR over 3 years with 35 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
VIO FRANCHISE GROUP, LLC
Parent company
VIO Holdings, LLC
Incorporated in
Ohio
HQ
3991 North Jefferson Street, Medina, Ohio 44256
Auditor
R. Evans & Assoc., Inc.
Audited financials
Franchisor revenue
$2.5M
vs $4.2M prior year

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 V/O Med Spa unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,470,487
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: personal services
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $930K–$1.2M
Working capital
$
FDD reports $80K–$180K

Unlevered ROIC · per unit

27%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$331K
EBITDA margin
22.5%
Total invested
$1.2M
Payback
44 mo
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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 V/O Med Spa units return on equity?

Edit assumptions

Equity IRR · 5-yr

28.1%

3.44× MOIC

Year-1 DSCR

2.90×

EBITDA ÷ debt service

Equity required

$11.0M

on $22.8M purchase

Total debt

$11.8M

SBA $5.0M + senior + seller note

SBA 7(a) request ($11.4M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

V/O Med Spa franchisees operate medical aesthetic clinics offering treatments such as injectables, laser services, body contouring, and skincare procedures. Day-to-day operations involve managing licensed clinical staff, scheduling patient appointments, maintaining compliance with medical regulations, and driving sales through marketing and patient retention programs.

CEO
Ryan Rose
Founded
2018
FDD year
2024
States available
14

Item 7 · what it costs

The Vitals

Total investment
$930K – $1.2M
All-in to open one unit
Liquid capital
$80K – $180K
Cash you must have on hand
Franchise fee
$50K
Royalty
6.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
1.5%
typical 3–5%
Total fee load
7.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.5M
Per unit, per year
Median gross sales
$1.2M
Item 19 type
Average and Median Gross Sales
Sample size
15 units
vs category median 12
Range (low → high)
$480K$4.2M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank49th
vs Health & Wellness - Other peers
Investment cost rank97th
Lower investment ranks lower (better)
Royalty rate rank16th
Lower royalty = lower percentile (better)
Unit count rank63th
vs Health & Wellness - Other peers
Risk score rank17th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
35
Opened
15
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
5
Corporate units in the system
% franchised
86%
vs corporate-owned
Net growth (yr3)
+100.0%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2022
30+15
Franchised units
2023
15
Franchised units
2024
9
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 15 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 15 states
Not registered

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.

Total loans
53
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

49
Risk · 0-100
STRONG49 / 100

V/O Med Spa presents CAUTION-level risk: missing critical profitability data, corporate going concern issues, and unverified growth claims create material due diligence gaps before investing nearly $1M.

Score breakdown · what drove the 49 / 100 rating

  1. 01MEDNet income not disclosed in Item 19 — unable to validate actual profitability claims against $1.47M average revenue
  2. 02HIGHGoing Concern status is FALSE — indicates financial instability at corporate or franchisor level
  3. 03MEDHigh initial investment ($929K-$1.2M) with 6% royalty creates significant breakeven burden without disclosed unit economics
  4. 04MINOR100% YoY unit growth (35 units) appears inflated — need verification of organic vs. rebranded growth and unit churn rate
  5. 05MINORProtected territory provided but no disclosure of territory size, density caps, or multi-unit clause restrictions

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
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
Ohio

Item 11

Training & Operations

Classroom training
34 hrs
On-the-job training
76 hrs
POS system
Zenoti
Operating tech stack

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

42 numbers

Locked
(917) 817-••••
NY
(646) 321-••••
NY
(440) 644-••••
OH

One-time purchase · CSV download · Validation questions included

FDD download

V/O Med Spa · FDD (2024) PDF

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