My name is Dr. John Newcomb. My wife, Nina, and I live in Denver and are the Area Developers for V/O med spa - Colorado. I have been in private practice in Colorado since 2008 and retired in 2022 to join V/O med spa. Nina received her MBA in 2008 and is a Hispanic business leader here in Colorado. She and I have opened four Orangetheory Fitness studios in Denver, Lakewood, Littleton and Lafayette. Additionally, she was the first President of the FAC (Franchise Advisory Committee) for Orangetheory Fitness and sat on the board of The Center For Teaching International Relations at DU (Denver University).
We are looking for capital partners to help us develop all 17 V/O med spa locations in Colorado with a possibility of adding 2-4 additional locations.
We acquired our first location (V/O med spa - Lowry) in Nov 2022 and will be opening our second location in Boulder in 5-6 mos (Dec '23/Jan '24). We are also negotiating a lease for our 3rd location at this time. We do have a commercial real estate professional who, with V/O corporate's help, has identified all 17 general locations.
V/O is a non-surgical medical aesthetic and wellness franchise with over 26 open locations nationally. They hope to have over 40 open by years end and twice that by the end of 2024 with continued growth. Additionally, V/O's model is member based (but you don't have to be a member to experience our services), so we do focus on recurring monthly income. Our treatments include: Wrinkle Relaxer (ie. Botox), Fillers, Threads, Skin Rejuvenation (Microneedling, Laser), Premium Facials, Body Contouring (Coolsculpting, EmSculpt), Wellness, Medical Weight Loss and Retail Products (Medical and Clinical grade). We provide customized comprehensive treatment plans to add value to our guests and establish repeat appointments.
The Medical Spa industry is expected to experience annual compounding growth of around 15% over the next 10 years. Medical Spas have tremendous potential for profitability and achieve 9-11x multiples of EBIDA on exit. We are looking to raise capital to build infrastructure, scale and achieve profitability quickly. V/O's most profitable locations have a annual topline revenue of $4M+ with over 30% margins. Colorado is considered one of the premier states for medical spas with excellent demographics and a familiar/growing customer base. It is a perfect time to open up Colorado.
I look forward to discussing this opportunity with you in hopes you will see this as a tremendous investment opportunity.
*Corporate Pitch deck, Colorado Pitch deck and Colorado Executive Summary is available upon request.
Thank you kindly,
John Newcomb
C) 720.560.7201
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