Up front budget: £7,000,000
Current turn over circa: £40,000,000
Cash offer: Up to 9x EBIT
Established since: 2014
Locations: Lancashire,Tyne and Wear,West Yorkshire,North Yorkshire,East Riding of Yorkshire,Greater Manchester,Merseyside,County Durham,Cheshire
Additional Notes:
- As a seasoned acquirer, this buyer will take away the stress associated with running a practice, leaving you to focus on looking after your patients with minimal stress throughout the process
- Representing the integrity of this buyer, no offers to date have fallen down once an offer has been accepted illustrating the genuine nature and desire to follow-though
- Despite the ongoing situation with COVID-19 this buyer has continued to have discussions, demonstrating the stability of the practice and ensuring that your patients will be well-looked after
- Building a completely inclusive, honest and clinically-led organisation, this buyer allows you to keep clinical freedom including labs, materials, branding, marketing where desired and systems among others
- On all previous acquisitions, this buyer has helped principals achieve an average annual turnover increase of 10% and in addition to the support provided, offers a bonus scheme growth of this nature
- This purchaser is looking to buy private/ mixed practices with over £600,000 turnover that are either associate-led, or whereby the Principal(s) would be willing to stay for 3-5 years
For more information please call 01765 698 699 and quote the reference number 178351