Coleen Janeway

Marina Del Rey, CA (USA)
Role(s):
Founder/Owner/Principal

Epithereal Skincare | Medical Spa

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Location: Marina Del Rey
Industry: Healthcare
Year Founded: 2014
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: "S" Corporation
Description: EPI Management Services, d/b/a Epithereal, is a medical spa located in Marina del Rey, California and has reached its two year anniversary this month, August 2016. We are seeking a bridge or an angel investment of 100-150K. 2015 gross receipts were $371K and 2016 est. gross receipts $675K-$750K. Please find us on the web or social media: (URL removed) or fb: epithereal, insta: #epithereal Since we first opened our doors we have had consistent Year-over-Year growth both in revenue, repeat clients and unique new clients. For the period of January 2016 through July 2016 we have averaged 240% Year-over-Year growth from the same period in 2015. Monthly attendance per month for this same period has average 139% in Year-over-Year growth from the same period in 2015. Epithereal recently launched a mobile app (iPhone & Android) through our relationship with our Point-of-Sale vendor, and in the month of June 2016 saw a 233% increase in on-line bookings (mobile and web bookings), and in July 2016 experienced a 460% increase in on-line bookings. The cost of the mobile apps was covered under our monthly plan with the POS vendor, and therefore has already paid for itself many times over. We have a 4.5-star customer rating on Yelp from 42 reviews, and a 5-star customer rating on Facebook. We are also frequently asked to speak at local events, such as Loyola Marymount University, on the improving health, wellness, and beauty through healthy living, nutrition, and preventative skincare. Epithereal was started on a shoestring budget, being bootstrapped and initially funded by friends and family only. During the two years since opening, we have financed some equipment which is almost paid off and secured a couple of small loans. Some of the small loans have been fully paid and have been re-issued. The goal with securing a larger loan amount with a better rate and longer term is to refinance and consolidate existing debt, allow the purchase of some revenue generating equipment, enable to the expansion of key marketing programs, and provide working capital to provide float for cash flow deficits. We have a staff of 9, business plan on par and on track with original projections from 2014. Blended credit product would be ideal for us. We are very unique to our area! I look forward to the opportunity to speak with you about our brand. Coleen Janeway Founder (Phone # removed)/(Phone # removed)