Skingenesis Plan Rapid Expansion
With successful clinics already established in Leeds, Manchester and now Chester, the founders of this rapidly emerging business are now evaluating two further cities for their next location, thanks to annual business growth rates well in excess of 40%.
SkinGenesis offer a wide range of treatments and services which are non- surgical and range from one off immediate aesthetic treatments through to intensive long term therapeutic courses.
Non-surgical procedures are growing in popularity as technology continues to advance and Key Note's Cosmetic Surgery Market report 2007 announced that growth of surgical and non-surgical procedures soared by 42.4% in 2005 with the total estimated market size growing to £500 million in 2006.
William Haseldine (Chairman of Skin Genesis) said, "Long term prospects in the sector are outstanding, with year on year growth of 40% achievable, and we are well ahead of many competitors in the market, with 3 established clinics in place already. Our phase one target was to establish 6 clinics, and 2007 should see this expansion programme complete. We intend to raise money on the AIM market to increase the number of clinics to 20 and provide national coverage. This approach should allow the business to continue to develop both organically and through strategic investment. We are certainly looking at the potential of franchising the brand and expanding the business to over 40 locations, with a mixture of whole service and concession operations. "
Managing Director, Peter Beard explained the significant difference between SkinGenesis and other operators in the sector. "We hold a distinct niche in the market as we only employ professional therapists and registered nurses, to provide a friendly, personalised and efficient service. All of our clinics are Healthcare Commission registered and we firmly believe that taking this extra step with recruitment and accreditation sets us apart from the competition."