South East London based purchaser looking to expand geographically into Central London, Kent and Surrey with practices of any size up to 1 million turnover

Up front budget: £1,500,000

Current turn over circa: £1,000,000

Cash offer: Up to 9x EBIT

Established since: 2017

Locations: London

Additional Notes:
- A family orientated purchaser that is looking to continue servicing the patients the way you do and who will make sure staff feel at home, giving you complete peace of mind that your practice will be well cared for

- This buyer has cash funding available from a family member ready and therefore this practice can move at your pace with no delays from funders

- After purchasing a practice a few years ago, the previous vendor is still choosing to work there part-time and is open to speaking with any principal dentist considering selling to discuss the process in full, demonstrating the honest and genuine nature of this purchaser

- This principal has the experience of acquisitions and is able to grow practices where there is an opportunity. As testimony, in the last acquisition this dentist achieved 25% turnover growth in the first year, solely from systems optimisation and marketing

- As a principal dentist that is working part-time in the existing practice, this purchaser can be incredibly flexible with respect to deal structures and offers the option of taking over your work-load personally on day one, or alternatively will take the stress away and allow you to continue servicing your patients for years to come

- This purchaser will commit to making no changes initially unless requested and wants to understand the fabric of the practice as well as the ethos before pursuing any changes. Additionally, this purchaser will keep you branding, staffing structure and materials the same indefinitely

- This buyer is ideally looking for mixed, NHS, or private practices with a proportion of plan income that have a freehold available

For more information please call 01765 698 699 and quote the reference number 178266

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