Principal Dentist looking for further expansion in the East Midlands of predominantley NHS practices any size over £500,000 turnover

Up front budget: £5,000,000

Current turn over circa: £15,000,000

Valuation Multiple: Up to 2.3x turnover

Offer Structure: 100% Upfront

Previous acquisitions experience: + 10+

Established since: 2009

Locations: East Midlands

Additional Notes:
- Currently comprising a personally run group of 15 practices, this buyer has a sterling track record with every practice that has progressed to offer acceptance having consequently been acquired, giving you peace of mind that no time will be wasted

- Demonstrating the honesty and integrity of this buyer, you can speak with all of the previous vendors about the process, giving you complete security and confidence before you make any sort of commitment

- Paying 100% upfront with no tie-ins or earn-outs, this buyer will be completely flexible to your desired exit strategy and with approved funding, there will be no delays

- Understanding dentistry and as a dentist himself, this buyer will make the changes you feel necessary only, such as upgrading equipment and systems. You will be able to keep using the same labs, materials and anything else you feel is important showing the flexibility on offer

- This buyer is looking to pay a premium price for practices with a 70% NHS + contribution to turnover that benefit from a UDA rate of over £26 anywhere in the East Midlands with further surgery space and will also purchase the freehold property if desired

For more information please call 01765 698 699 and quote the reference number 178819

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