Liquivida Lounge Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$40,000
Investment required
$108,000 – $930,000
Liquivida Lounge: Revolutionizing Health and Wellness Through Nutrient IV Therapy
Established in 2013 in Fort Lauderdale, Florida, Liquivida Lounge has emerged as a premier provider of nutrient IV therapy, dedicated to enhancing clients' health and vitality. The company specializes in delivering essential vitamins and nutrients directly into the bloodstream, promoting optimal wellness and addressing various health concerns.
Recognizing the growing demand for their innovative services, Liquivida Lounge began offering franchise opportunities in 2019. This strategic move has enabled the brand to expand its reach, providing individuals nationwide with access to their unique health solutions.
The company's headquarters remain in Fort Lauderdale, serving as the central hub for its operations and franchise support.
What sets Liquivida Lounge apart from competitors is its commitment to a holistic approach to health and wellness. By offering personalized nutrient IV therapy, the company addresses specific client needs, ranging from boosting energy levels to enhancing immune function.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
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 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 |
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Franchise Disclosure Document
Training
Liquivida provides a comprehensive training program for its franchisees to ensure effective operation of their businesses. The training includes the following components:
- Initial Training: Before opening a franchised business, the franchise owner (or their Operating Principal), Managers, and Medical Professionals must successfully complete the initial training program. This training is conducted at Liquivida’s headquarters, a designated location, or virtually. It covers essential operational, managerial, and medical protocols.
- Staff Training: All hired staff must attend at least one training session within the first six months of employment. Training is delivered using an online learning platform called "Trainual," where employees complete assigned modules and are required to achieve satisfactory grades.
- On-the-Job Training: Franchisees and their teams receive hands-on training, including shadowing a trainer at a corporate location or designated place. This ensures practical knowledge of day-to-day operations and specialized procedures.
- Ongoing Training: Liquivida may require periodic attendance at additional training sessions, seminars, or conferences to keep franchisees updated on industry standards, sales techniques, and operational improvements. These sessions may be conducted at Liquivida’s discretion and may involve fees for participation and travel costs.
- Replacement Training: If a Manager or Medical Professional ceases employment, replacements must undergo basic management training to ensure continuity and adherence to operational standards.
Territory Protection
Liquivida provides limited territorial protection, granting franchisees a "Designated Territory" where no other franchise will operate, as long as the franchisee complies with the agreement. The franchisor defines the territory based on market factors and retains discretion to modify its boundaries.
While Liquivida restricts competing franchises within the designated area, it does not prevent competition through other channels like online sales or alternative platforms. Franchisees may still face competition from these sources, even within their territory.
