Tyne & Wear Predominantly NHS Dental Practice For Sale
Tyne & Wear - Predominantly NHS - ID 53734
AVAILABLE
Asking Price: £342,523 plus Freehold STV
This is an excellent opportunity to acquire a 2 surgery practice with great potential for growth. Well situated in a densely populated area next to a Metro Station. There is the added benefit of free on-road parking and good transport links being close to a major road network. There is huge opportunity for expansion as only 50% if chair occupancy is currently used. Income is derived from an NHS contract in excess of £250,000 with the remainder being from small practice plan scheme which could be grown further and fee per item treatments. There is further opportunity to Introduce additional private income streams through Hygiene and Specialist treatments.
- NHS in excess of £250,000
- Small Practice Plan scheme which could be further grown
- Chair occupancy of 50% provides plenty of capacity for expansion
- Introduction of additional private income streams through Hygiene and Specialist treatments
- Great location in a densely populated area, next to a Metro Station.
- Free on-road parking and close to a major road network
- TenureFreehold
- Surgeries2
- Freehold Value£140,000 (stv)
- Turnover 2020£282,378
- Turnover 2019£238,108
- Turnover 2018£210,032
- Profit 2020£67,693
- Profit 2019£50,871
- Profit 2018£36,225
- Net Adjusted Profit£95,317
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