Good day,
Funding amount requested $250,000.
To address the investor’s request effectively, here’s a structured explanation that I am presenting. It includes a breakdown of my current financials, planned utilization of funds, and projected profits:
1. Current Dental Practice Overview
• Experience: Over 25 years in dentistry.
• Practice Schedule: Operating a solo dental practice for 2.5 days a week.
• Current Financials: Annual net profit of approximately $300,000, despite participating with multiple insurance providers and one man dentist on a part time basis.
• Strategic Shift: Transitioning to a fee-for-service model, focusing on high-value cosmetic dental procedures such as veneers, implants, full-mouth reconstructions, teeth whitening, and sleep apnea treatments. Also bringing in additional dentists and specialists to expand services and accommodate increased patient demands. The MedSpa portion of the new establishment will provide services such as laser procedures for skin and hair and fillers to reduce wrinkles and body contouring and fat reduction which are all fee for services.
2. Utilization of $5 Million Investment
The investment will be allocated as follows:
• Renovations: Expanding and modernizing the existing dental office to accommodate both dental and MedSpa services.
• Equipment Purchases: State-of-the-art dental technology and MedSpa-specific equipment, including lasers, injectables, and other devices.
• Staffing: Hiring specialized professionals (e.g., cosmetic dentists, estheticians, MedSpa technicians, and support staff).
• Marketing: Targeted social media campaigns, branding, and client outreach for both the dental and MedSpa services.
• Management: Building a management team to streamline operations and support future expansion.
3. Projected Revenue and Profit Growth
Short-Term (Years 1-2)
• Cosmetic Dentistry: Generating $500,000 to $1 million annually.
• MedSpa Services: Adding $500,000 to $2 million annually.
Total Potential Annual Revenue (Years 1-2):
$1 million to $3 million.
Long-Term (Years 3-5)
• Dental Practice: Doubling revenue from cosmetic and advanced procedures to $1 million to $2 million annually.
• MedSpa: Projecting growth to $2 million to $4 million annually due to market demand and a CAGR of 18.7%.
Total Potential Annual Revenue (Years 3-5):
$3 million to $6 million.
4. Expansion Plans
With the success of the initial practice, plans include expanding to high-demand markets such as:
• National: Greenwich, CT; New York City; Los Angeles; Boston; Washington, DC.
• International: London and Switzerland.
5. Market Insights
• Cosmetic Dentistry Market: Projected CAGR of 7.1% from 2018 to 2026.
• MedSpa Industry: Market size reached $18 billion in 2023 and is expected to grow at 18.7% CAGR through 2032.
These statistics indicate substantial demand and growth potential for both sectors.
6. Return on Investment (ROI) for Investors
Investors can expect:
• A percentage share of net profits, driven by a high-margin business model in fee-for-service dentistry and MedSpa operations.
• A significant return on capital investment, backed by robust revenue growth and market demand.
• Additional equity opportunities in expanded locations and markets.
This comprehensive plan demonstrates my practice’s strong foundation, the strategic growth potential of incorporating a MedSpa, and the lucrative long-term benefits for investors.
Please let me know if you or someone you may know are interested in funding this project. I am attaching information regarding my upcoming dental/MedSpa practice “Revitaluxe Serenity Spa”
Love to chat and see how we can proceed.
Thank you.
Kindly,
Brooke Moss
mossb461@gmail.com
201-574-6833 Mobile
http://linkedin.com/in/brooke-moss-08092a41
https://drive.google.com/file/d/1L0aDvMXnsC3savsDzwdKapSG91CC4j12/view?usp=drivesdk
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