Medical Spa Insider

In part two of this two-part series, Ben Hernandez of Skytale Group provides a step-by-step walkthrough of the sale of a medical aesthetic practice. He runs through what to expect if you’re approached by an investment company interested in purchasing your practice including:

• The typical timeline for a sale;
• What kind of information buyers are looking for initially;
• How to structure the deal;
• How long the owner may need to stay in the practice after the sale;
• Pitfalls to avoid when selling your practice;
• What to include in a Letter of Intent (LOI);
• Things to look for in an investment partner;
• And more!