The opportunity to acquire the business and / or assets of a North West-based dental practice
Fourth generation professional auctioneers and valuers
Overview
A long-established dental practice, based in Northwich, Cheshire, offering the highest quality dentistry care and services.
Key features
- Annual turnover of approximately £870,000.
- Profitable business.
- Large private and Denplan membership bases.
- NHS dental care.
- General dental care, dental implants, adult orthodontics, and cosmetic dentistry.
- Longstanding patients, many visiting from far and wide.
- Three dentists (including the director) and a hygienist.
- Supported by an experienced and close-knit team comprising thirteen employees.
Assets for sale
- Goodwill
- Machinery and equipment
- Customer list
- Stock
- Website
Summary financial information
| £‘000 | FY21 | FY22 | FY23 |
| Actual | Actual | Mgmt | |
| Income statement | |||
| Turnover | 621 | 839 | 870 |
| Gross profit percentage | 44% | 54% | 57% |
| Profit / (Loss) | 106 | 206 | 257 |
| Statement of financial position | |||
| Fixed assets | 210 | 166 | 89 |
| Current assets | 346 | 382 | 347 |
| Net assets | 18 | 14 | 0.1 |
Process
Further information can be obtained from KBL Advisory on completion of a standard non-disclosure agreement.
KBL Advisory is requesting indicative offers, supported by proof of funding, by 5pm on Friday 17 November 2023, with a view to completing a transaction as soon as possible thereafter. We reserve the right to close the bidding process early or extend the deadline for indicative offers without liability or advanced notice.
All correspondence in relation to this opportunity should be directed to KBL Advisory as follows:
Julie Webster Steven Brown
KBL Advisory Limited KBL Advisory Limited
Tel: 07534 920625 Tel: 07972 004258
Email: julie@kbl-advisory.com Email: steven.brown@kbl-advisory.com