Established Natural Medical Clinic and Med-Spa business offering a diverse array of cosmetic services and all-natural regenerative options for pain relief in the Tampa area, Florida.
With over 6,000 client visits in 2023, the company boasts a robust client base. The 2023 revenue was $908k (a 62% YoY growth compared to 2021 revenue of $ 523,350), and the company achieved a compound annual growth rate (CAGR) of 40% between 2020-2023.
The business caters to both cash-based and insurance claim clients. A significant 95% of revenue is cash-based, with the remaining 5% covered by insurance.
The business effectively leverages social media and a strong brand presence in the Florida market to attract customers. The primary source of new patient acquisition is through targeted social media campaigns. The company strategically runs ads on platforms such as Facebook, Instagram, Google, and Groupon.
It holds the Florida Annual Resale Certificate, and the Medicare Durable Medical Equipment certification is pending approval.
Services & Client Demographics:
The clinic offers an extensive range of services, including joint pain treatments, neuropathy, shockwave and soft wave treatments, wound care, weight loss programs, and liposuction.
The initial consultation and treatment plans are handled by the nurse practitioner (NP) and office manager.
The clinic also has a medical supervisor who does not take an active role in treatments but rather supervises the process.
Approximately 75% of clients reside within a 20-minute drive of the business.
The target clientele consists of:
A. Medical: people who have joint pain, nerve pain, or chronic wounds, but do not want to undergo surgery.
B. MedSpa: people who want to improve their appearance; services include body contouring, skin tightening, weight loss, age spots, sun spots, and hair removal.
Team:
Two owners are supported by a team of eight (8) dedicated professionals responsible for smooth operations:
Medical Supervisor - Indirect role.
Nurse Practitioner - Full time.
Office Manager/Case Manager – Full time.
Receptionist – Full time.
Esthetician – Full-time.
Medical Biller – Virtual, Part time.
Marketing – Virtual, Full-time.
Marketing scheduler – Virtual, Full time.
