Up front budget: £2,000,000
Current turn over circa: £1,000,000
Valuation Multiple: Up to 8 years of profits on day one
Offer Structure: 100% Upfront
Previous acquisitions experience: + Yes
Established since: 2017
Locations: Tyne and Wear
Additional Notes:
- After purchasing their first practice in 2017, the private income has steadily grown and the previous vendor is still in situ nearly 5 years later, demonstrating the success of the transaction culturally and favouring their no change policy for the first 2 years followed by gradually increasing the throughput of patients, leaving your business and team in highly capable hands
- Any principal can speak to the previous vendor off the record, to understand exactly what the process entails, giving you complete security
- Offering complete flexibility, this buyer can take over your full-time clinical role on day one, or alternatively, can take over the management while allowing you to go back to servicing your patients (as well as anything in between)
- Boasting cash available, this buyer is willing to pay a premium for mixed practices in and around the Newcastle with potential for further growth
For more information please call 01765 698 699 and quote the reference number 179337 ask for Bill Williams