Legal 123s with ByrdAdatto

What Is It Like to Sell Your Practice? with Shawna Chrisman

Selling your practice is one of the biggest decisions in your career. In this episode, Guest Shawna Chrisman, founder of Destination Aesthetics Medical Spa, shares her firsthand experience selling her practice, from strategic and emotional challenges to lessons learned. Tune in to discover how to build a compliant and sellable practice, evaluate private equity opportunities, and know when the timing—and the partner—are right for you. Whether you are planning for the future or just “asking for a friend,” this episode offers an inside look at the experience of selling a practice.

Chapters

00:00 Intro

01:00 Banter

03:00 Shawna Chrisman intro

06:00 Shawna Chrisman background.

07:54 What can you tell us about Destination Aesthetics and AMP?

11:30 Did you ever expand beyond injectables when you were in your first brick and mortar?

12:54 What was your vision when you decided to sell your practice?

26:12 What can you tell us about how you are currently working with AMP?

16:57 Why did you decide to sell your practice and partner with a private equity backed company?

22:35 Was making the decision of who to sell to the biggest professional decision you have made?

23:37 What challenges did you encounter while selling?

25:57 How do you think the aesthetic industry is changing?

27:45 Access+

28:24 Legal Takeaways

30:08 Outro

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