Up front budget: £3,000,000
Current turn over circa: £1,000,000
Valuation Multiple: Up to 2.5x turnover
Offer Structure: 100% Payment Upfront
Previous acquisitions experience: + Yes
Established since: 2016
Locations: Essex,North Kent,Greater London
Additional Notes:
- Following on from a practice purchase 5 years ago, this buyer spent the first two years understanding the practice making absolutely no changes followed by improving the equipment and gradually increasing the services offered resulting in 50% turnover growth. Consequently, it is clear your practice will be well-looked after and gradually developed over the long-haul, giving you complete security
- This buyer will be incredibly flexible to your needs and can either work full-time, as their existing practice is running smoothly, part-time or just take over the management and day-to-day stresses of actually running the practice, stressing their desire to run the practice long-term and gradually build upon your hard work
- The previous vendor that sold their practice is still working at the practice part-time, giving you the opportunity to speak with him and gain a real understanding as to what it would be like prior to committing. Equally, this demonstrates the integrity of this purchaser and illustrates how open, honest and easy the whole process would be
- Boasting a family background in property, this buyer has cash available and will pay over the market rate for well-established practices with a principal that really cares about looking after patients and has a long-standing team (ideally with the potential for a freehold property)
For more information please call 01765 698 699 and quote the reference number 179175