Rejuv
The sale of this is the #1 source of GROSS revenue for Rejuv.
What is retail?
This service is #1 for GROSS revenue, but #10 for producing NET income for the clinic.
What is Botox?
This service category should be equal in revenue to Botox, by national averages, but is about 50% less at Rejuv.
What are dermal fillers?
These services COMBINED are still $100K less than the total gross revenue of Botox.
What are medical services?
We ended 2020 (-6%) in this revenue category.
What is retail?
We ended 2020 with this percentage of growth for total services.
What is 5%?
Our total revenue growth in 2020
What is 2%?
This service produces the least % of NET income of any Rejuv service?
What is Botox?
We sold $1,318,411 in Botox (Jan-Oct) and paid $783,829 to Allergan for a gross profit of $534,582 or 40%
The average profit margin for this income source is less than 50% but ours is closer to 60%.
What is retail?
This is the single most profitable service in the clinic with a profit margin of close to 90%.
What is Halo?
All of the supplies to perform treatments and sell products take this percentage of each $1 sold at Rejuv.
What is 30%?
After paying all of the additional expenses, like rent and payroll, this percentage of every $1 sold is actually INCOME to Rejuv.
What is 20%?
When Rejuv sells a gift card, package, or monthly membership fee, this is what happens to that money.
What is saved until it is redeemed and THEN counted as revenue?
30% of every $1 sold goes to pay for this.
What is payroll?
In 2020, Rejuv paid over $70,000 for this.
What is training/education?
This is the total of all the credit card fees in 2020.
What is $200,000?
If you wanted to lease the Rejuv building for a month, it would cost you this amount.
What is $25,000?
EVERY team member has a huge impact on this preventable expense?
What are repairs?
This expense can be significantly reduced by making sure we always have product in stock?
What is postage and delivery?
5% of every $1 we sell goes to this.
What is marketing?
Booking an extra 10 minutes for a service costs Rejuv this amount.
What is $60?
The amount of $ available for wage increases depends on this number.
What is top line revenue?
Each month's bonus is calculated using this formula.
What is revenue per hour x available hours?
By following protocols carefully, we can minimize this expense and devote that money to fun line items like staff contests, training, and treatments.
What are treatment supplies?
This number is your quality score - it tells us you are delivering Rejuv results AND sparking joy.
What is patient retention?