Risk Score
Pending analysis
Investment Range
$227,575 - $395,783
Franchise Fee
$51,300
Min Cash Required
$60,000
Total US Locations
32
Business Summary
Live Hydration Spa operates a franchise business that offers wellness products and services, including IV hydration, vitamin therapy, Botox injectables, ionic detoxification, and oxygen therapy, from a spa facility and approved third-party locations. Live Hydration Spa also offers a model where franchisees provide management, marketing, and facility-based services to medical practices and licensed professionals who offer these same wellness treatments. The business aims to provide services under the Live Hydration Spa brand.
Corporate History
Live Hydration Spa Franchise LLC was established in Nebraska on November 24, 2020. The company operates under its corporate name and the Live Hydration Spa trade name, offering franchises for its Spa Location business model. Live Hydration Spa began offering franchises in February 2021. The franchisor's co-founders, Felicia Janovich and Cassandra Kuhl, also served as Managing Members of an affiliate-owned Live Hydration Spa in Omaha, Nebraska, since 2018.
Financial Overview
Investment Range
$227,575 - $395,783
Franchise Fee (Low)
$51,300
Franchise Fee (High)
$57,000
Minimum Cash Required
$60,000
Royalty %
7.5%
Marketing %
6%
Equipment Costs (Low)
$54,000
Equipment Costs (High)
$127,000
Working Capital
$95,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Live Hydration Spa's financial statements for 2023 and 2024 indicate a negative members' equity (deficit) of $(987,841) in 2023 and $(1,098,752) in 2024. The company's total liabilities significantly exceed its total assets for both years. Despite a net income of $29,153 in 2024, following a net loss of $(10,373) in 2023, Live Hydration Spa itself notes in its special risks section that its financial condition, as reflected in these statements, calls into question its financial ability to provide services and support to franchisees.
Financing Details
Live Hydration Spa does not offer any direct or indirect financing options to its franchisees. The company also does not guarantee any notes, leases, or other obligations of its franchisees.
Performance Metrics
Total US Locations
32
Franchised Units
30
Corporate Units
2
Avg Square Footage
1,700
Franchising Since
2021
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Live Hydration Spa has no litigation to report in this Item.
Bankruptcy History
Live Hydration Spa has no bankruptcy information to report in this Item.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew the franchise, Live Hydration Spa franchisees must not be in default of their franchise agreement or other agreements with Live Hydration Spa and its affiliates. They must provide 180 days written notice of their intent to renew and possess the legal right to occupy their Spa location for the entire renewal term or secure an approved new location. Franchisees are required to update and remodel their Spa facility to meet current brand standards. They must also pay a renewal fee, sign a general release, and complete any additional training designated by Live Hydration Spa. The new renewal agreement may have materially different terms and conditions.
Training & Support Program
Franchisor Assistance
Live Hydration Spa assists franchisees with several pre-opening and post-opening obligations. Before opening, Live Hydration Spa grants the franchise, defines the territory, provides access to its confidential operations manuals, and helps with site review and approval. It also provides lists of approved suppliers, signage, equipment, furniture, and fixtures, identifies the Spa Location on its website, and provides initial training for the managing owner and one manager. After opening, Live Hydration Spa may require supplemental on-site or remote training for a fee, and provides training for replacement managers. It communicates operating standards, marketing and brand standards, and approved vendors. Live Hydration Spa may also coordinate an annual system conference and administers a brand development fund. Franchisees are required to use Live Hydration Spa's designated computer, point of sale, and business management systems, and must use Live Hydration Spa or its approved vendor for bookkeeping services for a fee.
Initial Training Hours
114
Training Location
Remotely and in part on-site at your Live Hydration Spa Location
Ongoing Support
After opening, Live Hydration Spa provides ongoing support which may include supplemental on-site or remote training (for a fee), and initial training for replacement operating and employee managers (for a fee). It communicates updated operating standards, marketing and brand standards, and provides lists of approved vendors. Franchisees are required to attend an annual system conference (for a fee, plus expenses). Live Hydration Spa also administers a brand development fund for general brand enhancement. Franchisees are required to use Live Hydration Spa's designated computer, point of sale, and business management systems, and must use a designated supplier for bookkeeping services for an ongoing monthly fee.
Franchise Requirements
Ideal Candidate Profile
Live Hydration Spa seeks franchisees who are either licensed medical professionals or non-medical professionals. If a non-medical professional, the franchisee must operate a "Spa Management Business" that provides management, marketing, and facility-based services to licensed professionals who directly offer medical services. The franchisee, or their designated Managing Owner, must be personally responsible for the management and overall supervision of the Spa Location Franchise, satisfactorily complete initial training, and obtain all necessary licenses and permits. While active day-to-day participation is recommended, a franchisee may hire an approved operating manager for on-site supervision.
Industry Experience Required
Yes
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Supervisory
Territory Type
Protected
Territory Size Requirements
Live Hydration Spa territories are generally defined as a distance of one-half to five miles from the Spa location in all directions travelable by road. The population of the designated territory will not exceed 200,000 residents as of the date of the franchise agreement. If a Spa is located within a shopping mall or similar facility with a captive market, the designated territory may be limited to the physical boundaries of that mall or facility.
Staffing Notes
Live Hydration Spa franchisees are solely responsible for hiring, managing, and supervising their employees. The franchise requires that the Managing Owner, or an approved Operating Manager, be personally responsible for the overall supervision and on-site management of the Spa Location Franchise. All employees must wear approved System branded uniforms and apparel, and adhere to System standards for preparing, maintaining, and serving Approved Spa Products and Services.