The Medical Aesthetics market is expected to be over $27 billion by 2023. Since 2013, medical spa revenues have grown more than 20% annually! Many med spa services are repeat services, which means recurring revenue for medical spa owners!
A medical spa franchise is available and has two ownership options:
-Absentee Investor: This is a fully passive model. The franchisee acts as an “Investor”. Corporate will build out and run the clinics for the franchisee
-Semi-absentee: In this model, keep your job, and franchisees will have a CEO-type role. The franchisee will manage the managers, manage the budget, performance, and oversee the clinics.
The franchise offers laser hair removal, clinical skincare services (peels, LED Light Therapy, and facials), injectables, and non-invasive body contouring. Few employees are needed (6).