Central London based private practice turning over £400,000 with significant opportunity for expansion is on the market

Current turn over circa: £300,000

Offers over: £450,000

Established: More than 35 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: London

Additional Notes:
- With two fully operational surgeries and another surgery only requiring a chair for further expansion if required, this ideally located practice with both nearby display car parking and public transport links represents a fantastic opportunity for a purchaser to build upon

- After spending the last few years renovating the property entirely with new equipment and transitioning the practice digitally, this practice is well equipped and wouldn't require any additional work allowing any purchaser to hit the ground running with further growth

- The turnover is made up from 100% private fee income, again allowing opportunities for a new owner to implement plan income options to the patient base

- Once completing the renovation work, the principal dentist realised their desire to reduce down their working days and solely focus on clinical excellence as opposed to practice management and therefore is offering the practice to the market at a significant loss with the view of wanting to get something completed as soon as appropriate

- With no marketing of any kind being conducted, in addition to the construction of a new block of flats across the road, there is a significant opportunity for a business-orientated dentist to take this practice to the next level including plenty of opportunities to up-sell patients services

- Aiming to be as flexible as possible to suit an acquirers needs this principal is available for a part-time earn-out and is ideally looking for someone that would be able to help service patient requirements from day one

- Given the countrywide lockdown due to COVID-19, this principal is keen to have initial video/ telephone discussions and take matters forward as and when appropriate

For more information please call 01765 698 699 and quote the reference number 30345 ask for Bill Williams