Besides being great at scoring goals in Juventus, Italy, dashing footballer Cristiano Ronaldo will now run his own hair transplant clinic in Madrid, Spain in 2019.
- About the Clinic
- Purpose of the Clinic
- Our Take/Numbers on the Investment
About Ronaldo's Hair Transplant Clinic
The clinic belongs to the Insparya Group, which Ronaldo co-founded. The clinic targets to employ 150 professionals working in 18 rooms, with a maximum capacity to perform 18 hair transplants a day.
The hair transplant center will be located in Madrid with his girlfriend Georgina Rodriguez being one of the managers.
Image Credit: Mirror.co.uk
Purpose of Ronaldo's Hair Transplant Clinic
Ronaldo said, “Everyone likes to take care of their image and I am a very clear example of this, and that is why when Paulo (Ramos, CEO of the group) told me about this project I immediately realized that it was something unique.
This project is going to be a success, as we want to help the Spaniards and the Spanish economy.
This new project is unique and innovative, with a strong focus on research and technology, in which I intend to contribute and invest to improve the self-esteem of many men and women who suffer from hair loss,” Ronaldo elaborated on an Instagram post.
Ronaldo said: "In addition to football, I am passionate about health, technology, and research, they are areas which I wanted to invest in. I wanted the first clinic of the international expansion to be situated in Madrid, a city I lived in for many years."
Ronaldo, who is known for having an interest in his own self-care and maintaining his looks, said that he wished to open the clinic as a way to help people deal with alopecia, which is a condition where people undergo the partial or complete absence of hair from areas of the body where it normally grows – in this case, the head, which leads to premature baldness.
In addition to helping people with their confidence by controlling their hair growth to avoid such issues as male-patterned baldness, Ronaldo said that he intended to start the clinic to boost the country's economy as well as helping the Spanish people.
Spokeswoman Carla Palanca told Golder's News: "We can confirm that Ronaldo will be at the opening on March 18. The clinic will offer packages for foreign clients, offering a stay in the hotel, airport transfers and transport to and from the clinic during the treatment so that clients will be able to do the treatment here instead of Turkey."
Profit of Ronaldo's Hair Transplant Investment
Insparya group own 10 clinics in Portugal and have made roughly 35,000 transplants. Their treatments typically last around six hours and cost between €4,000 (£3,400) to €7,000 (£6,000).
Insparya president Paulo Ramos added: "We have the knowledge, but to open clinics outside of Portugal we need a reputation. He will give us that push. We want to open the next center in 2019 or 2020."
Ronaldo has already pumped a reported €1 million into his latest venture but has ambitious plans to add a further €25million over the next three to four years. The price of a hair transplant at Ronaldo's six-story clinic will start at €4,000.
Therefore to work out the maths:-
- Assuming 10 transplants (while 18 is the capacity) per day @ €4,000, the clinic will make 10*4000*365 = €14.6 million (from 3,650 people)
- In 5 years that would be €73 million (from 18,250 people)
The numbers are very conservative given that there are plans for a second center soon. It would be reasonable to believe this is a very good business to Spain's economy, Ronaldo and his purpose.
We can only end by saying "Goal!!!!!!!" as Ronaldo definitely hit this one.