Husband and Wife team looking to buy a second dental practice around the Newcastle and surrounding areas

Up front budget: £2,000,000

Current turn over circa: £1,000,000

Valuation Multiple: Up to 8 years of profits on day one

Offer Structure: 100% Upfront

Previous acquisitions experience: + Yes

Established since: 2017

Locations: Tyne and Wear

Additional Notes:
- After purchasing their first practice in 2017, the private income has steadily grown and the previous vendor is still in situ nearly 5 years later, demonstrating the success of the transaction culturally and favouring their no change policy for the first 2 years followed by gradually increasing the throughput of patients, leaving your business and team in highly capable hands

- Any principal can speak to the previous vendor off the record, to understand exactly what the process entails, giving you complete security

- Offering complete flexibility, this buyer can take over your full-time clinical role on day one, or alternatively, can take over the management while allowing you to go back to servicing your patients (as well as anything in between)

- Boasting cash available, this buyer is willing to pay a premium for mixed practices in and around the Newcastle with potential for further growth

For more information please call 01765 698 699 and quote the reference number 179337

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