Portsmouth based Dental Practice of £350,000 turnover and singificant opportunity for expansion for sale

Current turn over circa: £350,000

Offers over: £470,000

Established: 10 to 15 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Hampshire

Locations: Portsmouth

Additional Notes:

- An award winning two surgery practice with the opportunity to immediately add an additional surgery, providing the option to add an additional £150,000 onto turnover in the first year (assuming 60% chair utilisation)

- A 100% private practice with a strong local reputation, giving any purchaser the option to build upon the existing goodwill and branding

- In addition to a great patient service, this firm is highly profitable boasting a near 50% margin, giving any purchaser a strong return on investment

- With only 60% chair utilisation, a purchaser could fill the spare capacity furthering the clear opportunities for growth

- The principal will provide a warm handover (up to 6 months) and the existing quality team in place would all be retained giving you a smooth transition alongside protecting your investment

- On the upward trend, this practice has experienced double digit growth every year since the existing principal took over more than 10 years ago with minimal advertising, allowing any acquirer to continue this trend and exploit it further

For more information please call 01765 698 699 and quote the reference number 30307 ask for Bill Williams