LIVE HYDRATION SPA

Financials from the 2025 FDD paint a premium picture: initial investment spans $227,575-$395,783, led by a $57,000 franchise fee, fitting for medical-adjacent spas but high versus category norms under $300K. Item 19 shines with average gross revenue at $505,592 and median $403,910 across units—strong for a system franchising since 2021—implying solid top-line potential if you hit volume. However, royalties hit 7.5% plus 2% ad fund, compounded by $1,100/month marketing, $1,000 software, $400 bookkeeping, and tech fees up to $1,000+, totaling over $2,500 monthly fixed costs that could squeeze margins without scale.

System health shows promise with 30 franchise locations (2 corporate), up 11% from 27 in 2023, and 7 projected new units, signaling controlled growth. Yet 6 terminations flag early risks in this 4-year-old brand. SBA data reveals 16 loans averaging $172,269, moderate volume but accessible financing—lower defaults implied versus riskier startups. For beauty spa investors, the revenue tease justifies scrutiny, but high fees and youth demand caution; validate local demand before committing.