LIVE Hydration Spa is a health and wellness franchise concept that specializes in using intravenous (IV) therapy to deliver essential nutrients like vitamins, minerals and amino acids directly into guests’ bloodstreams, promoting rapid and effective health benefits.
LIVE Hydration Spa was founded in 2018 by healthcare professionals Felicia Janovich and Cassandra Kuhl, who sought to fill the need for reliable and effective IV treatment services in their community. The concept was an instant success and the pair opened a second location in 2020 and began offering franchise opportunities just one year later.
“At LIVE Hydration Spa we focus on wellness versus the one and done treatments to better enhance our client retention. We wanted to bring a personal feeling back to medicine! Getting our patients to put their health first and LIVE Hydration Spa is there to help them achieve that,” the brand writes on its website.
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How Many LIVE Hydration Spa Locations Are There?
As of December 2023, there are more than 27 LIVE Hydration Spa locations open and in development across the country.
What Is LIVE Hydration Spa’s Business Model?
LIVE Hydration Spa describes its business model as being a “recession resistant” opportunity that provides franchise owners with a flexible lifestyle. At its core, the business combines medical expertise with holistic care. Additionally, LIVE Hydration Spa operates a membership model where members pay a monthly fee to access ongoing services. This allows franchise owners to enjoy a recurring revenue stream.
Franchisees are not required to have prior healthcare experience. Instead, ideal owners should be passionate about people, community-oriented, have a desire to scale and be relationship builders. Being community-focused is important as franchisees will be helping enhance the overall quality of life within their own communities through LIVE Hydration Spa’s services.
Each franchise location sits between 1,000 to 2,000 square feet. Franchisees are also provided with ongoing training, marketing assistance and development support to get their businesses up and running.
How Much Can LIVE Hydration Spa Franchise Owners Make?
According to third-party sources, in 2022 the average LIVE Hydration Spa franchisee saw gross sales of approximately $478,718 and an average gross profit of 20.4%. To learn more, contact the team about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.
How Much Does It Cost To Open a LIVE Hydration Spa Franchise?
As of the publishing of this story, the initial investment required to open a Live Hydration Spa franchise ranges from $147,075 to $319,783. This investment is broken down into the following costs:
- Initial Franchise Fee: $49,500
- Construction and Leasehold Improvements: $40,000 to $100,000
- Lease Deposits: $6,500 to $20,833
- Furniture, Fixtures and Equipment: $5,000 to $10,000
- Initial Inventory: $7,000 to $9,000
- Signage: $6,000 to $12,000
- Grand Opening Marketing: $11,000
- Software Purchase and Setup fee: $3,750
- Utility Deposits: $0 to $800
- Insurance Deposits: $650 to $1,200
- Travel for Initial Training: $2,000 to $2,500
- Professional Fees: $3,000 to $6,000
- Licenses and Permits: $475 to $1,200
- Additional Funds – Six Months: $12,000 to $92,000
Interested candidates must also have a minimum net worth of at least $150,000.
What Is the Franchise Fee for a LIVE Hydration Spa?
The initial franchise fee required to open a LIVE Hydration Spa franchise is $49,500. Franchise owners are also required to pay an ongoing 7.5% royalty fee and a 1% brand fund fee.
LIVE Hydration Spa offers a 10% discount off its initial franchise fee for qualified veterans.