How to Find and Buy a Medical Spa Franchise in 2024

The medical spa, or medspa, industry has witnessed significant growth in recent years, driven by an increasing demand for non-invasive cosmetic procedures and wellness treatments. For entrepreneurs looking to enter this lucrative business, there are plenty of franchise brands on the market. 

Here’s what you need to know before buying a medical spa franchise and a few brands to consider. 

Qualifications Needed To Open a Medical Spa

Medical spas primarily provide medical treatments and their regulations vary by state, similar to other medical practices, according to the American Med Spa Association. Unlike traditional day spas, medical spas typically do not require a specific "facility license." The key factor for owning a medical spa is the qualification allowing ownership of a medical practice and employment of health care personnel, which varies by state. 

In some states, only physicians can own medical spas due to the "corporate practice of medicine" doctrine. States allowing non-physician ownership may require a health care clinic license or registration with the medical board, in addition to general business licenses.

However, it is important to hire qualified medical professionals to perform procedures and oversee the medical aspects of the business. Collaborating with licensed practitioners ensures compliance with regulations and enhances the credibility of your MedSpa.

What To Consider When Opening a Medical Spa Franchise

Begin by conducting thorough research on the current state of the medical spa industry in your local market. Understand market trends, target demographics and potential growth areas to identify regions where your franchise could thrive.

Additionally, look for franchises that offer comprehensive training programs. While prior medical experience is not always necessary, a franchise that provides training in procedures, customer service and business management is key. 

Ensure that the franchise you choose adheres to all relevant legal and regulatory requirements for operating a medical spa. This includes compliance with medical licensing, health and safety standards, and other industry-specific regulations.

A crucial component of medical spa franchises is the medical equipment. Typically, these businesses provide services such as laser and other light therapy procedures, injectables, and facials. It is common for medical spa franchises to include this in the initial investment fee.

Three Medical Spa Franchises To Consider

If a medical spa franchise sounds right for you, here are three brands to start your research journey: 

VIO Med Spa

• Investment Range: $942K - $1.3 million
• Unit Count: 35+

VIO Med Spa is a franchise offering traditional services that have long been proven to gain the results that guests have come to expect from a boutique med spa. However, service offerings don't stop there. The franchise’s vision is to be the innovative leader in the medical spa industry when it comes to experience, services, products, and offerings with the latest cutting-edge technologies and therapies in the wellness and aesthetics industry.

Facial Mania Med Spa

• Investment Range: $250,300 - $688,500
• Unit Count: 8

Facial Mania Med Spa is an emerging, full-service Med Spa that specializes in skin care, medical aesthetics, injectables and body treatments. The franchise was founded in 2017 and opened its first location in Delray Beach, Florida. Since then, the brand has grown into a network of eight locations throughout the Sunshine State with more on the way. 

Dermani MEDSPA

• Investment Range: $326,833 - $668,526
• Unit count: 18 

Dermani MEDSPA prioritizes safety, effectiveness, and accessibility in the booming skin and laser treatment industry. They emphasize these qualities through their membership program, offering FDA-cleared lasers and treatments administered by highly trained providers. The trust earned from clients encourages repeat visits.

As the demand for non-invasive cosmetic procedures and wellness treatments continues to rise, there is a golden opportunity for those ready to take it. If that’s you, use this information to prepare yourself to be a part of this booming industry.