Tyne & Wear Predominantly Private Dental Practice For Sale
Tyne & Wear - Predominantly Private - ID 52988
SOLD SSTC
Asking Price: Offers in excess of £400,000
This three surgery practice is presented to the market due to the current principal planning his retirement. Income in generated by private fee-paying patients, fee-paying specialist treatments, a well-known capitation scheme and a small NHS contract. The practice is ideally located with accessible transport links and parking within walking distance. Being situated in the local area for a very long time the practice is extremely popular and has a very loyal patient base. This is a profitable practice offering an excellent opportunity to an incoming Practitioner to acquire a fantastic business and grow further.
- Very well established mainly private dental practice
- The practice is ideally located with accessible transport links and parking
- Established in the 1930’s before being taken over by the current owner in 1999
- The practice has room for expansion as the first floor could have additional surgeries installed in the future
- Plenty of shops, services and other amenities nearby
- Income is generated from private fee-paying patients, fee-paying specialist treatments and a well-known capitation scheme
- TenureFreehold or Leasehold
- Surgeries3
- Freehold Value£205,000 (stv)
- Lease (p.a)iro £16,250
- Turnover 2020c£394,217
- Turnover 2019£394,290
- Turnover 2018£404,303
- Profit 2019£90,713
- Profit 2018£65,113
- Net Adjusted Profit£135,828
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