StockGuru Blog: Medspas of America (OTC: MDSP) – Recipe for Growth
MDSP.PK MedSpa Stock Guru Profile MedSpas of America, Inc. in its stated quest to add five new facilities in 2007, announced the company has identified approximately 250 medspas in the USA that fit its acquisition profile. There are approximately 1,500 medspas operating in the USA today. One-third of these medspas are performing very well yielding 15% to 25% net operating profit. Another third are new and just moving through their break-even point. The balance, or approximately 500 medspas, are facing challenges as a result of poor locations, undercapitalization, partnership disputes, or lack of marketing. Medspa is in preliminary discussions with…