Princeton Medspa Partners

Community of the top medical spas in the nation

Uncategorized

Get To Know Our Industry Experts: Q&A with Gary A. Bufalo, Jr.

by

Get To Know Our Industry Experts: Q&A with Gary A. Bufalo, Jr.

Gary A Bufalo, Jr., Princeton Medspa Partner’s Vice President of Operations, comes into his role with more than 20 years of experience in sales, operations, training and development. Gary has been a part of multiple national organizations, including Ideal Image, Athletico Physical Therapy and ClearChoice Dental Implant Centers, in addition to having owned his own health and wellness business for seven years.


Currently, Gary is in the process of completing his training to become a Certified Post Merger Integration Expert through the Institute for Mergers Acquisitions & Alliances. Throughout his career, Gary has been involved with seven company acquisitions, helping to integrate more than 50 clinic locations post acquisition.


We took the opportunity to ask Gary about his career, his involvement with Princeton Medspa Partners and his predictions for the future of the industry:

Q: Describe your role as Princeton Medspa Partner’s Vice President of Operations.


A: As Vice President of Operations for PMP, I’m part of the leadership team that works on our due diligence prior to the acquisition, and then have the honor of being on-site the day of the announcement to help ensure a smooth transition for everyone involved. Post-acquisition, I work with our sellers and clinics day-to-day and help them flourish with the new chapter that lies ahead.


Q: How have your decades of business experience prepared you for this role?


A: Having owned my own business for many years and then selling it, in addition to having worked as a sales and operations leader for one of the largest national med spas in the U.S., as well as being on the M&A post acquisition team with another national organization, has made my transition into Princeton Medspa Partners the absolute perfect fit for my professional passion, personality and 20 years of experience. I absolutely love being part of the Princeton Medspa Partners Family!


Q: Why should business owners consider selling their medspa to PMP?


A: Selling your business isn’t just a financial transaction, it’s personal. People have put years of their life into building their businesses and take great pride in not only their business but also their teams. The people are what this is about, without them, we don’t have a business. Owners want to be assured that their business and teams will not be negatively impacted by selling, and Princeton Medspa Partners fully understands and respects that. We are a team of industry experts and have spent years of our lives in the medspa space which allows us to ensure a very smooth transition and positive experience for everyone involved.


Q: What excites you the most about PMP?


A:Having the opportunity to work with passionate people every day that truly love to do what they do. Both behind the scenes and our teams on the front lines, we are building an organization that has a culture of best-in-class.


Q: What is your outlook on the future of the medspa industry?


A: I’m incredibly confident that this is an industry that not only has continued to grow year after year but continues to grow with no end in sight. The medspa industry used to be more of a hush, hush industry. People have benefited from the services for years, but haven’t always talked about it with their peers, friends and family. Now, it’s a topic that is mainstream and more people are talking about it and sharing the amazing results they’ve seen from their treatments.


To learn more about working with Princeton Medspa Partners, call us today at 1 (866) 241-1238 or send us an email at info@princetonmedspapartners.com.

Why Selling Your Medspa Is the Right Idea

by

Why Selling Your Medspa Is the Right Idea

The new year is fast approaching, a time for new beginnings and new opportunities. Don’t you think it’s high time you did something for yourself? How about joining our community of the top medical spas in the nation! Princeton Medspa Partners (PMP) is excited for the possibilities that lie ahead and want you to be a part of it.


Our unprecedented team of medspa owners, industry pioneers and financial advisors have decades of combined experience, offering unparalleled industry expertise to every partnership. Partnering with PMP comes with a bevy of benefits for you and your team, such as our extensive business knowledge and proven track record of success.


Here’s why you can be confident that selling your medspa to PMP is the right move to make:


We offer unrivaled business intelligence.

As investors in medspa businesses, PMP seeks out the most successful medical spas in the country to create something bigger and better for all parties involved. You can trust our corporate experts who’ve garnered the business experience and knowledge to lead your medical spa to success. As seasoned business owners, we bring forth decades of combined experience in owning, operating, developing and marketing medical spas and other franchises across the United States. With a strong understanding of the precise metrics and key performance indicators (KPIs) of the aesthetic vertical, PMP can provide the guidance your business needs to grow clientele and thrive in today’s market. A loyal client base, along with a strong business model, will drive revenue and profits, ensuring your medspa stays at the forefront of the industry.


Our acquisitions have experienced great success.

One of our main goals is to provide owners with desirable exit opportunities and ongoing support. It is important to us that your team remains an integral part of the business. Transparency is one of the main components of this process, which is why we will work closely with your staff to advance their skills and expertise and build upon what makes your medical spa successful. It has been so rewarding to see these partnerships pay off, specifically for one of our acquisitions in Albuquerque, NM who’ve expressed the same sense of gratitude in a recent testimonial:


“When Princeton Medspa Partners acquired our Medical Spa there were many unknowns on what to expect. I soon learned that PMP is transparent with everything and there are truly no unknowns. The support and positivity we have received since the acquisition speaks volumes. PMP has never tried to change our practice. Instead, they want to learn what has made our practice as successful as it has been, and we too learn what has worked for them and their other practices along the way. We have grown as individuals and as a company being part of the PMP family and look forward to many more successful years!” – Rita, AlluraDerm MD Med Spa.


Learn more about how working with Princeton Medspa Partners can expand your medspa opportunities by calling 1 (866) 241-1238 or emailing info@princetonmedspapartners.com.

Get To Know Our Industry Experts: Q&A with Francis X. Acunzo

by

Get To Know Our Industry Experts: Q&A with Francis X. Acunzo

Francis X. Acunzo, Chief Medspa Officer & President of Princeton Medspa Partners, is widely regarded as a pioneer in the aesthetic industry. Francis opened the very first medical spa in 1996 and has since opened and operated several multi-site medspa companies.

Fran was recently awarded the ‘Lifetime Achievement Award’ from The Aesthetic Guide, a medical aesthetic publication that recognizes the best of the best in the industry once a year. Voted on by peers, Francis was the second-ever non-physician to win this prestigious award. He is recognized for his devoted career to the advancement of the aesthetic industry.

As founder of Acara Partners, voted North America’s ‘Best Practice Management Company’ in The Aesthetic Guide’s annual Aesthetic Awards, Fran and his team have provided management and marketing support to more than 350 aesthetic medical practices, and have developed more than 160 medspa locations.

We sat down with Fran to share more about Princeton Medspa Partners, his experience and his outlook on the aesthetic industry:

Q: How would you describe your role as Chief Medspa Officer of Princeton Medspa Partners?

A: As the Chief Medspa Officer for our project, my job is to ensure that we communicate with our industry letting them know what we are doing and informing the medspas that might be seeking to sell that we are ready to buy. It’s also important for me to ensure that we are always in compliance with all regulations within our industry.

Q: What excites you about working with PMP?

A: I enjoy the company building aspect. PMP is new and we are growing rapidly but also growing our corporate structure at the same time.

Q: What makes a successful medspa?

A: The passion and drive of the founders.

Q: How does PMP set its acquisitions up for success?

A: PMP brings to the table centralized accounting, IT, HR, marketing, purchasing and other back-end operations allowing the provider and front-end team to do what they do best, and that is to provide the highest level of service and customer service.

Q: In addition to becoming Chief Medspa Officer of PMP, you’ve also taken a seat on MedEsthetics’ Editorial Advisory Board. How has expanding your roles influenced your outlook on the aesthetic industry?

A: I believe it is important to continually grow and expand your knowledge base. In addition, it is important to share with the industry.

To learn more and join our community of the top medical spas in the nation, call Princeton Medspa Partners today at 1 (866) 241-1238 or send us an email at info@princetonmedspapartners.com.

Discover The Princeton Medspa Partners Advantage

by

Discover The Princeton Medspa Partners Advantage

Get to know Princeton Medspa Partners! Princeton Medspa Partners (PMP) specializes in acquiring and launching the leading medical spas in the United States. PMP’s team of industry outliers include aesthetic pioneers and thought leaders who’ve garnered decades of combined experience and bring unrivaled industry expertise to the table.

Through its consolidation of successful medspas, PMP is guided by core values of integrity, safety, personalized service and industry-best results. With a proven roadmap to success, PMP provides owners with desirable exit opportunities and ongoing support. There are a wide range of advantages to working with PMP’s unprecedented team of industry experts, including:

Business intelligence

With decades of combined experience owning, operating, developing and marketing medical spas and other franchises across the nation, our corporate specialists have a thorough understanding of the precise metrics and key performance indicators (KPIs) of the aesthetic vertical.

Marketing

Our marketing experts are also experts in aesthetics, specializing in marketing to medspa consumers. They are dedicated to helping you with the marketing strategy and communication that will lead to your success, from developing your brand to creating a strong and devoted customer base.

Technology

Our extensive industry knowledge translates into significant purchasing power. With PMP, you’ll have access to the best prices on the most cutting-edge technologies.

Recruiting

We understand what it takes to operate a successful medical spa and will draw from decades of experience recruiting the top talent for your business from candidates across the country.

Accounting

As seasoned business owners, we understand all the fiscal intricacies feeding your bottom line because we’ve experienced them firsthand. We’ve done the work, so you don’t have to, offering tried-and-true, streamlined support for payroll, taxes, benefits, bookkeeping, financial reporting and more.

Education

We place a strong value on enhancing the knowledge of our providers, offering training and other ongoing educational opportunities to guarantee that your medspa offers the highest level of services and remains at the forefront of the industry.

Explore your medspa opportunities with Princeton Medspa Partners by calling 1 (866) 241-1238 or emailing info@princetonmedspapartners.com today to learn more.