Buying an established med spa vs opening one
Buying an established med spa gives you a client list, a booking history, reviews and working devices, but you also inherit the injectors’ loyalties and any prepaid packages. Opening one lets you choose the team, devices and brand, but you must earn every client. Check what each route hands you.
An established med spa begins with people who already come back. A new one begins with a room and a plan. Look closely at what a purchase includes, including any obligations that come with it, such as unfinished treatment packages, equipment payments and staff commitments. Ask the seller to list them before you decide how to proceed.
Clients and rebooking history
The client list and booking records show who returns, how often and for which treatments. Ask whether you can see rebooking patterns, and whether the list may be passed to a buyer, which is a privacy question for your lawyer. A new spa has no such record to learn from.
Injectors and other staff
Clients often follow a practitioner. If the injectors leave after the sale, some clients may follow them. Ask who works there, what agreements bind them and whether they plan to stay. Opening your own lets you choose and train the team, but hiring takes time and a new injector arrives with no following. Due diligence on a med spa covers staffing questions in more detail.
Devices, reviews and prepaid packages
Ask for each device’s service history, its age and how it is paid for. Read the public reviews and see how the clinic answered complaints, since the reputation comes with the business. Ask your lawyer how packages clients have already paid for are handled in the sale. A new spa avoids these, yet it must build reviews and buy equipment from nothing.
Related reading
14 pages on the same subject, grouped by topic.
Buying
- GuideBuying a medical aesthetics clinic or med spa in Canada
- GuideBuying a spa in Canada
- GuideBuying a Massage Therapy Clinic in Canada
- Expert answerHow do I tell what a med spa owner actually takes home?
- Expert answerHow do I find a Nordic spa or sauna business for sale in Canada?
- Expert answerShould I buy an existing sauna or bathhouse business or start one?
Due diligence
Financing
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentBuying a business? How to protect yourself from potential liabilities
- 03Business Development Bank of CanadaGovernmentHow to write an effective business plan
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.