Profitable private practice with significant opportunity to expand with a current turnover of circa £550,000

Current turn over circa: £550,000

Offers over: £600,000

Established: More than 35 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Hampshire

Additional Notes:
- This practice has been established for over 35 years and owned by the existing Principal for 15 years, providing any purchaser with a long-standing and strong reputation to build upon further

- The team, all of whom have been at the practice for at least 5 years will be available to support the longer-term growth plans of a buyer, smoothing the transition

- The existing Principal is the only dentist at the practice working 4.5 days per week (with the support of a Hygenist) and is looking to retire, offering a 6-month handover to ensure patient continuity where applicable giving you peace of mind

- No marketing has been done recently (as the Principal is fully booked), leaving lots of potential for expansion

- Boasting a maintainable profit margin of over £150,000, this practice will pay for itself quickly, giving any purchaser a strong return on their investment

- Only one surgery is being fully utilised currently, another 2 are set up and there is the opportunity to expand the total number of surgeries to 6 within the building, leaving lots of potential for growth

For more information please call 01765 698 699 and quote the reference number 30372

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