Espaçolaser is a company focused on female and male laser hair removal. It is the largest hair removal company in Brazil when considering revenue, number of stores, and clients served.
Espaçolaser is present in all Brazilian states, and its customer base is estimated at over 3.6 million people.
Regarding the quality of services provided, Espaçolaser is a reference in Brazil when it comes to hair removal. In fact, it has been considered a top-of-mind company in the sector.
In addition to the large number of clients, the company also has a significant number of stores distributed throughout the country.
To give you an idea, Espaçolaser has 593 stores spread across Brazil. Additionally, it has 6 units in Argentina and 2 units in Colombia.
Espaçolaser was founded in 2004 by Ygor Moura, Paulo Morais, and Tito Pinto. The founders' intention was to expand the practice of laser hair removal, as this market was quite small at the time.
Moreover, they aimed to create a replicable business over time. As the years went by, the company grew, and by 2014, ten years after its founding, it already had 30 clinics.
Thus, it began the process of national expansion. The following year, the association with the franchise network SMZTO and Xuxa Meneghel occurred.
As a result, the franchise operation began, which allowed the company to expand its operations throughout Brazil.
In the first year of structuring the franchise model, 120 Espaçolaser units were sold. This represented a significant multiplication of its revenue base.
In 2016, the company received a financial investment from L Catterton, a specialist in developing retail and consumer goods companies.
Through this funding, Espaçolaser was able to invest in corporate governance mechanisms and further structure the brand's development.
In 2017, Espaçolaser acquired control of franchise groups that stood out as the most organized. That same year, the first Estudioface unit was inaugurated.
The year 2018 was marked by Espaçolaser's entry into the international market. This occurred with the opening of the first unit in Buenos Aires. The following year, Espaçolaser reached the milestone of 1 billion reais in sales.
Also in 2019, the inauguration of the Laser University took place, the company's training center. The Laser University is capable of serving over 3,000 consultants and physiotherapists per year.
In 2020, the company began investing in digital service through virtual sales and the app. Additionally, it was in 2020 that the company opened its first unit in Colombia.
Finally, in 2021, the company went public on the stock exchange and has been available for trading among investors since then.
