1. What is a Radiance Medspa?



2. Is it difficult to locate the appropriate medical professionals?

3. Where do Radiance Medspa patients come from?

4. Do I need to run the Radiance Medspa myself?

5. How much money will I need to start a Radiance Medspa?

6. How much equipment is needed and what does it cost?

7. Is the malpractice insurance expensive?

8. Where can a Radiance Medspa be opened?

9. Does Radiance Medspa Franchise Group offer set-up, design, layout and location guidance?

10. Who are Radiance Medspa’s main competitors?

11. How would a Radiance Medspa effectively compete against the competition?

1. What is a Radiance Medspa?

Your Radiance Medspa will offer clients highly specialized cosmetic services and wellness care in a relaxing, upscale, spa-like environment. Radiance Medspa offers the latest technology and treatment modalities to make Radiance extremely competitive.  The latest technology includes the Palomar Star Lux™ Laser, the most powerful, versatile pulse light laser on the market today  for treatment of hair removal, skin rejuvenation, and pigmentation issues.  Other treatment modalities include BOTOX® Cosmetic, Restylane Filler, and Microdermabrasion. These treatments are supervised and administered by medical professionals in an environment where ambiance is truly defined by its soothing atmosphere.

2. Is it difficult to locate the appropriate medical
professionals?

We will help you find key medical personnel you will require to successfully operate a Radiance Medspa successfully. Good professionals are always attracted to elite, smaller facilities that are personal and are high in quality. In many large hospitals, employees are frequently frustrated with the bureaucracy, long hours and low pay.

3. Where do Radiance Medspa patients come from?

A Radiance Medspa can develop a solid base of clients by utilizing a proactive advertising/marketing plan, which includes templates for print, radio, and television advertising. In addition, constant contact database marketing strategies are used to educate and obtain return visits from your clients. Strategic positioning in an upscale retail environment will generate walk-ins and strong patient referrals. In addition, the physician, as Medical Director, will refer patients to the Radiance Medspa. We will assist in contacting referral sources by providing them with information on your Radiance Medspa and how it can help their clients.

4. Do I need to run the Radiance Medspa myself?

While we do recommend that you be actively involved in the management of your Radiance Medspa, it does not necessarily mean that you need to be the on site manager. You can hire an Administrator to handle the daily administrative tasks while you remain in charge of management decisions. If you open additional Radiance Medspas, it is more likely that your role will be supervisory, rather than hands-on.

5. How much money will I need to start a Radiance Medspa?

A one time franchise fee $80,000
Start up & working capital $220,000
Total immediate liquidity $300,000
(note: it is required that clients have a combined net worth of no less than $500,000)

6. How much equipment is needed and what does it cost?

The Radiance Medspa Franchise Group has special relationships with the world’s leading laser equipment manufacturers to provide all of the latest equipment at a competitive rate. These arrangements are possible through manufacturer’s direct pricing. By utilizing these programs, the latest high-tech equipment will contribute to an aesthetically pleasing, full service Radiance Medspa facility.

7. Is the malpractice insurance expensive?

The Radiance Medspa Franchise Group can recommend the appropriate insurance providers and underwriters who offer Radiance Medspa clients appropriate insurance coverage. Because the procedures offered in a Radiance Medspa are non-invasive and with few side effects, this insurance is affordable.

8. Where can a Radiance Medspa be opened?

The Radiance Medspa Franchise Group assists in determining the best location for a Radiance Medspa. Our Director of Real Estate Services will provide support and immediate access to specialized medical real-estate firms across the United States. Finding the appropriate location is not a concern.

9. Does The Radiance Medspa Franchise Group offer set-up, design, layout and location guidance?

Architectural blueprints for suggested layouts and design of an ideal Radiance Medspa are one of the many services provided. The Radiance Medspa Franchise Group will assist you with finding a location or locations in class A to B+ retail marketplace retail center development. In some cases, locating facilities in close proximity to regional malls and major highways may be applicable. Close proximity to highly traveled thoroughfares will help with brand recognition and grassroot word-of-mouth.

10. Who are Radiance Medspa’s main competitors?

The rise of the Medspa industry is a relatively new development within the healthcare industry and there is currently very little competition. While the Medical Spa concept is still in its infancy, it has already proved to be rewarding and unique. According to the Medical Spa Association, there are only a few hundred Medspas throughout the United States, making both growth and income potential virtually boundless. When compared to a dermatologist or plastic surgeon, your Radiance Medspa would offer clients a cost effective alternative in an upscale and soothing environment. With our innovative and aggressive marketing program, a Radiance Medspa can be a very viable competitor in the marketing place today.

11. How would a Radiance Medspa effectively compete against the competition?

The Medspa marketplace is in its beginning stages. The market is still considered to be fragmented and currently driven by physicians. Typically, physicians offer a limited number of these types of treatments in sterile, poor-customer service oriented medical practices with little or no marketing. The Radiance concept is innovative, focusing on retail medicine that creates a niche for the insightful entrepreneur where demand outweighs the supply.

• Based on industry statistics provided by leading laser and light-based aesthetic equipment manufacturers, there is only 15% market penetration in the United States.

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