Med Spa

Tremendous consumer tailwinds will continue to support growth in the MedSpa space with an opportunity to improve branding and full-service treatment options.

• The aesthetics industry is currently valued at $16.3 billion, and forecasted to double to $32 billion in the next five years

• Boasting an impressive 8-14% Compound Annual Growth Rate (CAGR)

• Growth is fueled by increasing interest from Millennials and constant advancements in services and technology

• The market is largely fragmented with over 8,000 smaller businesses, 80% of which are single-location spas, and it's growing at an annual rate of 11.9%.

• Each of these single-location outlets generates annual revenue of $1-$2 million and enjoys healthy EBITDA margins.

By the numbers:

Our consolidation strategy allows us to leverage scale across customer acquisitions, team training, talent acquisition, procurement, deployment of technology, and expanded service offerings.