Liquivida Lounge Franchise FDD, Profits, Costs & Fees (2024)
Liquivida Lounge was established in 2013 by Samael Tejada, a Broward firefighter and paramedic, with a vision to provide preventive medicine in a spa-like setting, aiming to help people fight stress and poor nutrition.
This idea was born from the recognition that conventional over-the-counter vitamins and supplements were not sufficient for optimal health. The first Liquivida Lounge opened its doors in Fort Lauderdale, Florida, in the Galt Mile area of Oakland Park Boulevard.
Today, Liquivida Lounge operates as a full-service medical spa and has grown to offer a range of services from vitamin IV therapy to medical aesthetics and innovative weight loss solutions. Liquivida Lounge began offering partnerships in 2014, inviting medical professionals and entrepreneurs to join its network.
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Initial Investment
How much does it cost to start a Liquivida Lounge franchise? It costs on average between $108,000 – $930,000 to start a Liquivida Lounge franchised center.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the location, and whether the franchisee chooses to lease or purchase the property. Liquivida Lounge offers 2 types of franchises:
| Franchise Type | Initial Investment Range |
|---|---|
| Liquivida Lounge Franchised Business | $108,460 to $150,095 |
| Liquivida Wellness Center Franchised Business | $645,375 to $929,600 |
We are summarizing below the main costs associated with opening a Liquivida Lounge Franchised Business. For more information on costs required to start a Liquivida Lounge franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure | Amount (Low – High) |
|---|---|
| Initial Franchise Fee | $40,000 |
| Leasehold Improvements | $3,500 – $7,000 |
| Furniture, Fixtures, and Equipment | $610,500 – $812,500 |
| Signage | $24,000 – $5,000 |
| Startup Inventory and Supplies | $72,500 – $103,000 |
| Initial Inventory Package | $4,000 – $75,000 |
| Initial Marketing/Promotional Package | $9,601 – $31,200 |
| Additional Marketing and Promotional Materials | $2,500 – $3,150 |
| Insurance Deposits and Premiums (3 months) | $0 – $5,000 |
| Professional Fees | $1,000 – $12,000 |
| Training Expenses | $35,500 – $51,000 |
| Grand Opening Marketing | $10,000 – $20,000 |
| Office Supplies, Computer Equipment, and Cameras | $4,500 – $6,300 |
| Additional Funds | $15,000 – $25,000 |
| Total Estimated Initial Investment | $108,460 – $150,095 |
Average Revenue (AUV)
How much revenue can you make with a Liquivida Lounge franchise? A Liquivida Lounge franchised spa makes on average $1,449,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $550,000 yearly revenue for similar medical spa franchises. Below are 10 Liquivida Lounge competitors as a comparison:
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Liquivida Lounge Franchise Disclosure Document
Frequently Asked Questions
How many Liquivida Lounge locations are there?
As of the latest data, Liquivida Lounge operates 15 locations across the United States. This network includes both company-owned and franchise-owned wellness centers, offering services such as nutrient IV therapy, medical aesthetics, and weight loss solutions.
What is the total investment required to open a Liquivida Lounge franchise?
The total investment required to open a Liquivida Lounge franchise ranges from $108,000 to $930,000.
What are the ongoing fees for a Liquivida Lounge franchise?
Liquivida Lounge franchisees pay a royalty fee of 6% of gross revenue monthly. Additionally, they must spend at least $3,000 per month on local marketing, either paid to the franchisor or an approved marketing provider.
If this minimum marketing requirement is not met, any shortfall is added to Brand Fund contributions. These fees help maintain brand consistency and support promotional efforts across locations.
What are the financial requirements to become a Liquivida Lounge franchisee?
To become a Liquivida Lounge franchisee, candidates need a minimum liquid capital of $200,000 and a net worth of at least $750,000. These requirements ensure franchisees are financially prepared to operate a Liquivida Lounge location.
How much can a Liquivida Lounge franchise owner expect to earn?
The average gross sales for a Liquivida Lounge franchise are approximately $1.45 million per location. Assuming a 15% operating profit margin, $1.45 million yearly revenue can result in $218,000 EBITDA annually.
Who owns Liquivida Lounge?
Liquivida Lounge is owned by Samael “Sam” Tejada, who founded the company in 2013 and currently serves as its President and CEO. Under Tejada’s leadership, Liquivida Lounge has expanded its model to include both company-owned and franchise-owned locations across the United States.
Disclaimer
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