Entrepreneurs are Capitalizing on Surging Med Spa Industry
The medical spa market keeps expanding as one of the hottest industries in the United States. Industry experts say the market is primed and ready with plenty of room for quality growth. That’s music to the ears of current and aspiring entrepreneurs interested in an exciting, high upside investment.
The numbers don’t lie…
- YOY growth rate from 2017 to 2018 for the med spa industry was over 30%*
- Gross profit margins for med spas in 2018 were 29%*
- The initial investment for a med spa is $319,000 – $1,029,500…but average 2018 revenues were over $1.5 million
- New devices, procedures, and services offer even more room for growth*
As CEO and Co-Founder of Beverly Hills Rejuvenation Center (BHRC), I’m proud that our franchise system gives savvy entrepreneurs the chance to launch a proven med spa business in markets across the country. We’re growing FAST – as our recent Inc. 5000 ranking suggests (three-year revenue growth exceeding 130%) – and we’re eager to develop relationships with fantastic business owners ready to capitalize on our magnetic med spa model.
CEO & Founder Beverly Hills Rejuvenation Center
*2019 American Med Spa Association State of the Industry Report