A Well-Known Plastic Surgeon Looking to Sell Her MedSpas
When Dr. A, a celebrated plastic surgeon, contacted Practice Transitions Group (PTG), she was at a crossroads.
“I love my work, but I was stretched too thin,” she recalled. “I knew I needed to sell my MedSpas, but I didn’t know where to start.”
The Challenge: Selling MedSpas While Preserving a Personal Brand
Dr. A’s situation was far from simple:
- Five thriving MedSpas in Texas
- A successful plastic surgery practice
- A New York-based clinic
- Young children at home needing her attention
“I wanted to simplify my life, but I didn’t want to compromise the brand I’d worked so hard to build,” Dr. A explained. “When I decided to sell my MedSpas, I knew I needed help to stay focused on my brand and business.”
Enter Practice Transitions Group: Experienced M&A Advisors Experienced in Selling MedSpas
Thomas Allen, CEO of PTG, remembers the initial consultation.
“‘After talking with Dr. A we knew this wouldn’t be a typical transaction. Her reputation in the industry added layers of complexity to selling her MedSpas.”
Overcoming Obstacles in Selling a MedSpa Empire
The road to selling Dr. A’s MedSpas wasn’t without its challenges. Along the way, Practice Transitions Group was faced with:
- Complex financial structures
- Educating buyers on the unique opportunity
- Balancing sale price with brand protection
“There were moments when selling seemed impossible,” Dr. A admitted. “But PTG’s team was committed to finding solutions.”
Innovative Solutions for Selling MedSpas
PTG coupled cutting-edge strategies and old-fashioned hard work to make the deal happen:
- Custom financial models
- Comprehensive buyer walkthroughs
- Meticulous information gathering, organization, and storage to ensure Dr. A didn’t have to answer the same question twice
How PTG Helped Dr. A
After months of hard work and discussions with multiple potential suitors, PTG crafted a solution that ticked all the boxes:
- The MedSpas sold for 20% above the initial valuation
- The deal was completed quickly – under 12 months start to finish
- Dr. A now has a better work-life balance while still being able to profit from her unique brand.
“What impressed me was how PTG managed to preserve my professional standing in this process,” Dr. A said.
A New Chapter for Dr. A
Today, Dr. A enjoys a more balanced life.
“Selling my MedSpas was the best decision I could have made for my career and family,” she reflected. “If you’re a medical professional thinking, ‘I’m stretched thin’ don’t tackle something like this alone. PTG found me a truly life-changing opportunity.”
The PTG Difference
The team at Practice Transitions Group specializes in providing comprehensive practice sale services. Wondering what your MedSpa is worth? Schedule a consultation today.
“Dr. A’s story proves that with the right advisor, you can sell your MedSpa without sacrificing your professional identity,” said Thomas Allen. “At PTG, we aren’t just selling MedSpas; we’re helping doctors take some control back in their lives while harvesting the fruit of their hard work.”