Dr Leah Totton, the 2013 winner of The Apprentice, and her enterprise associate, Lord Alan Sugar, have secured a multi-million pound payout after promoting a majority stake of their Botox and beauty clinic chain to Superior Aesthetics Companions (AAP).
Dr Leah Clinics, which was co-founded by Totton and Sugar following her £250,000 funding win on the BBC present, has grown right into a profitable chain throughout London and Essex, providing remedies together with non-surgical facelifts, injectable fillers, and pores and skin remedies.
Whereas the worth of the sale stays undisclosed, the enterprise is reportedly valued at over £7 million. Each Totton and Sugar, who every held a 50% stake within the firm previous to the sale, will stay shareholders.
Dr Leah, a former NHS A&E physician from Londonderry, Northern Eire, mirrored on her journey since coming into The Apprentice as a 25-year-old with little enterprise expertise. She credited the present as a “life-changing opportunity” and expressed her pleasure in regards to the future progress of the model underneath its new possession. The deal additionally contains Dr Leah’s skincare line, launched in 2022.
AAP, which specialises in buying UK aesthetic clinics, plans to develop the Dr Leah model additional. This deal follows the profitable sale of Climb On-line, one other enterprise fashioned from The Apprentice, based by 2014 winner Mark Wright, which bought for roughly £10 million in 2022.
Lord Sugar has beforehand benefited from one other post- Apprentice success, having bought his stake in Tropic Skincare again to its founder, Susie Ma, a former contestant on the present, in an identical multi-million pound deal.