How Much Do Med Spa Owners Make?

What Is Med Spa?

Medical Spas seek to offer nonsurgical procedures that are done with the experience of a day spa. Some common treatments offered at Med Spas are injectable dermal fillers, laser hair removal, tattoo removal, etc.

Cost To Start A Med Spa

The start-up cost to open a med spa can range from $18,000 to $35,000. Some physicians even report that the cost of building a med spa can reach up to $700,000 to $1,000,000.

Med Spa Owners Earnings

A single-location medical spa generates $121,632 in monthly revenue. And the average annual revenue for a Med Spa owner is $1,982,896 as of 2023.

Profit Margin Of Med Spa Business

Med spa owners enjoy a profit margin of 20-25%. This means the average medical spa owners make a net profit in the range of $300,000 – $375,000 after deducting all the expenses.

Med Spa Industry Statistics

Medical aesthetics has become a $15 billion industry employing 70,000 people, and as of 2022, there were 8,841 medical spas from 7,430 in 2021.

Why Med Spas are so Profitable?

Non-invasive cosmetic treatments and growing interests are two biggest reasons why Med Spas are so profitable.