Current turn over circa: £1,100,000
Offers over: £2,100,000
Property Type: Leasehold
Practice Split: 50% NHS, 50% PFPI
Established Since: 2000
Number of Surgeries: 5-6
Locations: West Midlands
Additional Notes:
- The retiring principal has built this originally 1 surgery practice to a highly profitable 6 surgery practice over the last 20 years and is ready to look at exit strategy planning
- Doing only 1-2 days clinically, and with a part-time associate who would be available to pick up the additional clinical work if required, this practice is 90% associate-led already, resulting in a low-risk and smooth transition for any prospective buyer
- The retiring owner has done limited marketing, and ample capacity remains in the surgery for further growth to be realised by the new owner
- Operating at a 25-30% adjusted EBIT margin on an associate-led basis this practice maintainable profit is sustainable and well above average, giving you a shorter return on your investment
- With further opportunities to exploit the private side particularly with implants and invisalign, any buyer can easily build upon the strong existing track-record with ease
- This retiring principal is looking for an upfront payment of 100% as well as a short-term transitional phase, although remains open to all options
For more information please call 01765 698 699 and quote the reference number 30432 ask for Bill Williams
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