Monday, February 11, 2008

Medical Spa Report (May 2007)

After receiving a number of calls from spa owners seeking either to sell their business or to buy an existing business to reduce start-up costs, I thought it would be helpful to write an article on the topic.

Below is an excerpt from Medical Spa Magazine. For the online version: http://www.medicalspareport.com/medicalspareport/article/articleDetail.jsp?id=421184

Market Value
Development expert Camille E. Hoheb shares some key factors to consider when buying or selling a medical spa.
May 1, 2007
By:
Medical Spa Report
Pages 1 2

Having helped develop more than 100 medical spas nationwide since 2002, I've witnessed explosive growth in the industry. Conversely, in the last six months, I've also observed an increasing number of medical spas changing ownership or closing altogether. Now is a dynamic time—some medical spa owners are looking to get out, while others are interested in getting in. If you fall into either category, read on for added insight into the buying and selling process.