
← Keep What You Earn29 sept. · 35 min
Your Med Spa Exit Starts Before You're Ready to Leave
Thinking about private equity? Don't wait until you're burned out and ready to hand over the keys. A partner may want you involved for years after the deal.
I sit down with Andrew Goldfein of Alpha Aesthetics Partners to talk about what makes a practice partner-ready, what buyers look at, and why expanding just to get bigger can hurt your numbers.
Another Location Doesn't Automatically Add Value
That second location might grow revenue while draining profit. Before signing another lease, look at your margins, team retention, and whether the first practice can run without you constantly stepping in.
Know Your Numbers Before You Take the Meeting
A potential partner needs more than a healthy top-line revenue number. Get clear on:
Revenue and margins by service and location
Memberships and recurring revenue
Device utilization and profitability
Provider retention and operating costs
Your P&L should show what's working and where growth is costing you.
(00:07:36) Knowing when to expand or exit (00:12:03) Starting succession planning early (00:15:34) Finding a partner who fits (00:18:30) Understanding the transaction (00:21:00) Stabilizing revenue and retention