Up front budget: £4,000,000
Current turn over circa: £5,000,000
Valuation Multiple: 100% Upfront
Offer Structure: Up to 2.5x Turnover
Previous acquisitions experience: + 10+
Established since: 2014
Locations: East/ West Midlands
Additional Notes:
- As a small group, owned entirely by the Principal Dentist, this buyer will offer any potential partner looking at exit strategies the opportunity to speak with every previous vendor, giving you ultimate security of how the transaction will be handled and proving their sterling track record
- With every previous transaction the turnover has doubled through developing the practice further on the private side, which has been coupled with salary increases for every staff member, demonstrating the integrity and genuine nature of this buyer as they are focused on implementing staff members' ideas and keeping everyone on board
- With no intentions to sell, this group will remain privately owned for the long-haul and this buyer can be incredibly flexible and pay over the market rate for predominantly NHS practices with space for expansion, giving you a premium exit to a buyer that will really look after your business with 100% payment upfront
- In a previous transaction, the principal vendor wanted to get away from the paperwork, patient consultations and administration while focusing solely on the clinical side. Consequently, this buyer put in a treatment coordinator to ensure the principal achieved what he was looking for, demonstrating as testimony the degree of flexibility and the genuine nature of this group
- Boasting cash available, this buyer represents the ideal combination of having the scale to take away the stress of running a practice and the ability to pay over the market rate, while still remaining hands-on and focusing on patient care for the long-haul
For more information please call 01765 698 699 and quote the reference number 178984