Experienced acquirer looking to use available funds of £500,000 to purchase a dental surgery

Up front budget: £100,000

Current turn over circa: £500,000

Cash offer: Up to 1.5x turnover for private and up to 7x EBIT for NHS

Established since: 2010

Locations: Tyne and Wear,Northumberland,County Durham

Additional Notes:
- Bought the first practice in 2010 and since acquiring has nearly tripled the size of the business through increasing the private work and fully utilising the existing surgeries including keeping the surgery open later demonstrating this acquirers proven track record of success

- This dentist is looking to leave their business partner to run the existing practice and work full-time in the acquired practice, providing a smooth transition to both your patients and staff

- The cash required for acquisitions has already been funded through internal cash flow and personal funds ensuring no additional delays through funding providers

- Having been through the process before, this acquirer will be able to move at your pace and has the experience to make the transition as seamless as possible

- This company is innovative, offering unique referral schemes to increase their patient base and would look to provide the best possible service to your existing patients

- This principal believes in staff training to increase the productivity of a surgery and will look after any staff members moving forward

- This dentist is willing to provide testimonials from their existing patients - representing their personal integrity - which will likely highlight the additional time spent talking through every procedure with the respective patient

- This acquirer is interested in both NHS, private and mixed practices within the Northumberland, Tyne and Wear and Durham county areas

For more information please call 01765 698 699 and quote the reference number 177799