North East based Dental Practice Chain looking to gradually retire from the industry with a combined turnover of £3,000,000

Current turn over circa: £3,000,000

Offers over: £4,500,000

Established: 25 to 30 years

Gross Recurring Revenue: More than 2m

Number of staff: 20 to 50

Locations: Tyne and Wear,Northumberland,County Durham

Additional Notes:
- With 4 locations in close proximity, this practice is well suited for purchasers looking to get into the North East or alternatively, those with an existing presence in the area

- As a predominantly associate led practice, in addition to the flexibility of the current principals to stay on for an earn out period, this opportunity will be self-sufficient providing minimal levels of stress for a purchaser

- Combining two predominantly NHS practices, in addition to two predominantly private practices, this practice has grown year on year making your investment safe and secure

- With expansion opportunities to increase the number of surgeries in every location, as well bringing in-house a lot of high-end private work that is currently outsourced and focusing attention on marketing, there is a significant opportunity to further upgrade the profits and turnover of this practice

- With the existing principal dentists looking to move away from the stress of running a business and focus solely on patient care and dentistry, this practice would be well suited to a larger entity with existing infrastructure with a synergistic fit

For more information please call 01765 698 699 and quote the reference number 30331 ask for Byron Snaith (Dental)