How do I check the lasers and devices when buying a med spa?
List every laser and device, then ask for each one: who owns it, whether it is leased or financed, its service and maintenance history, its age, whether the warranty and service contract pass to you, and what consumables it needs. Have a qualified technician or the manufacturer’s service team inspect the main devices before you commit.
In a med spa, the devices are often the largest assets and the main source of revenue, so they deserve their own review. Do this alongside your wider checks, not instead of them. Ask the seller for a complete list with makes, models and serial numbers, then walk the clinic and match each item to the list. A device that is on the list but not in the room, or the other way around, needs an explanation.
Who owns each device
Some devices are owned outright, some are leased and some are financed with a lien on them. Ask for the lease or loan papers and have your lawyer read them. Ask whether the lessor must agree to a transfer, and what happens to payments after closing. Do not assume that a device in the room belongs to the seller.
Service history and age
Ask for service and maintenance records, repair invoices and any downtime. Old devices can still work well, but ask how much longer the manufacturer will support them and whether parts are available. Our wider page on what to check before buying a med spa sits beside this one. A technician can tell you more than a record can.
Warranty, service contracts and consumables
Ask the manufacturer or distributor whether the warranty and any service contract transfer to a new owner, and in what conditions. Ask what each device uses up, such as tips, cartridges or handpieces, and who supplies them. Ask whether a device has been replaced or upgraded recently, and what the next upgrade would involve.
Questions for a lawyer
Whether a device or the clinic needs a licence or approval is a legal question. Ask your lawyer who must hold it and whether it passes on a sale. Do not rely on the seller’s word alone.
Related reading
15 pages on the same subject, grouped by topic.
Due diligence
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Financing
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
- 02Business Development Bank of CanadaGovernmentEquipment purchase financing for entrepreneurs
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 04Health CanadaGovernmentMedical Device Establishment Licences
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