A focused resource for med spa owners & buyers HedgeStone Business Advisors · Nationwide
THE KNOWLEDGE LIBRARY

Illustrative deal examples

Follow the financial math through a clearly labeled hypothetical scenario. These are educational examples, never claims about client results.

valuation · 8 min read

Illustrative $2 million laser center sale: aging equipment and cash flow

Follow an aging laser center sale example through EBITDA adjustments, maintenance, replacement capital, pricing, device debt, closing cash, and reserves.

valuation · 7 min read

Illustrative med spa sale with financed devices and lien payoffs

Follow a med spa device-debt example through normalized earnings, capital needs, assumed price, lender payoffs, lien releases, seller cash, and a tax reserve.

valuation · 7 min read

Illustrative med spa valuation with concentrated provider revenue

Test a med spa where one provider produces sixty percent of revenue, then compare retained-production earnings, downside value, earnout, and seller cash.

buy · 7 min read

Illustrative injector acquisition with seller financing

Compare working-owner earnings, managed EBITDA, seller note payments, buyer cash needs, and immediate sale proceeds in an injector acquisition scenario.

sell · 7 min read

Illustrative med spa sale delayed by landlord consent

Model a landlord-consent delay through higher rent, normalized EBITDA, assumed value, four months of bridge costs, closing proceeds, and a tax reserve.

sell · 8 min read

Illustrative med spa sale with a lapsed medical director agreement

See how a fictional oversight-document gap changes med spa diligence, recurring costs, assumed value, closing conditions, seller cash, and a tax reserve.

valuation · 8 min read

Illustrative $3.5 million injectables med spa: a membership PE offer

Work through a membership med spa PE offer with normalized earnings, assumed valuation factors, deferred services, rollover equity, earnout, and closing cash.

sell · 7 min read

Illustrative minority rollover equity and exit sensitivity

Compare a fictional med spa offer with cash and rollover equity, then test platform debt, future equity value, seller ownership, closing proceeds, and reserves.

operations · 7 min read

Illustrative med spa sale with negative membership contribution

Trace a membership-heavy med spa through earned revenue, fulfillment costs, EBITDA corrections, assumed pricing, closing adjustments, and seller proceeds.

buy · 8 min read

Illustrative PA buyer using SBA acquisition financing

Walk through a PA med spa acquisition with normalized earnings, buyer uses, assumed SBA debt, full-standby seller financing, proceeds, and tax reserves.

sell · 7 min read

Illustrative physician-owned aesthetic practice sale to a dermatology group

Follow a physician aesthetic-practice sale example through replacement compensation, assumed valuation, savings, seller employment, closing cash, and reserves.

valuation · 8 min read

Illustrative seasonal med spa sale and working-capital adjustment

See how a seasonal med spa separates annual earnings, quarterly cash patterns, closing working capital, purchase adjustments, seller proceeds, and reserves.

valuation · 8 min read

Illustrative $900,000 med spa sale: the owner-injector earnings problem

A worked single-injector med spa valuation example separates SDE, managed EBITDA, assumed pricing, seller financing, closing cash, debt, and tax reserves.

sell · 8 min read

Illustrative two-location med spa sale: coordinating MSO and professional assets

A worked two-location med spa example separates combined earnings, MSO and professional assets, assumed pricing, coordinated closings, debt, and tax reserves.

sell · 7 min read

Illustrative aesthetics sale with a retained wellness service line

Work through an aesthetics carve-out with standalone costs, retained-business losses, assumed pricing, closing adjustments, seller proceeds, and reserves.

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