MediEstates, a family business established over 15 years is one of the leading dental practice brokers and dental practice valuers in the UK, having built a wealth of experience in all aspects of dental practice sales, there is no better dental broker to sell your dental practice. The fact that there are also transaction costs against the buyer demonstrates how out of control transaction costs have become in the otherwise straightforward sale of a dental practice. Selling your dental practice is a complex process that involves far more than finding a buyer and closing the deal. Highly recommend Andy and FT for thei services. Visit Frank Taylor Associates’ website and view our extensive list of dental practices for sale. He can offer you a free, one-hour consultation to assess your practice and ensure that you are compliant with all of the legal aspects of running your practice. You are in the right place to get the help and advice you need when you want to buy a dental practice, or indeed, sell a dental practice. His experience and advice has given me a lot of value. If you haven’t yet found the practice don’t worry, you can register as a buyer on our Practice Search page. There are numerous reasons for selling a dental practice, so don’t assume it’s because the business is going south! Utilizing different methodologies builds confidence in the end value and identifies outlying financial or practice data that may cause a deviation. Read the articles below about buying and selling dental practices – they’ll help you avoid overpaying! If you are buying. Western Practice Sales/ John M. Cahill Associates is owned and managed by dentists. Whether you’re in the market to buy or sell within the UK dental sector, then our marketplace is the right site for you. After years of being misled by so called “ business consultants “ I felt the problem with the lack of financial success was all down to me. Andy is incredibly easy to talk to, friendly and understands every facet of the dental world and beyond. Latest Updates; Practice Value Index; Frankly Speaking…. Take a look at our current list of dental practices for sale and don’t hesitate to call us on 0330 088 1156 if you have any queries. Buying or selling, you couldn’t be in better, or more experienced, hands than those of Frank Taylor & Associates, dental practice sales. See the details of all of our plans here. Protecting your personal assets. This eliminates much of the delay associated with third party solicitors and ensures your sale remains on track to completion. There are many steps and people that can make this huge life change much easier. If you are looking for a dental practice to purchase, look no further. Google Rating. Find the perfect dental practice for you, across the UK. All rights reserved. People can always tell that Kelli knows the dental industry inside out - it’s no surprise to discover she’s spent more than 10 years working in the sector. Advice & Protocols for Dental Practice Sales, 90 seconds during lockdown with…Andy Acton, COVID-19: Managing Costs through a Crisis, Covid-19 Recovery – Now is the time for strong leadership, COVID-19: implications for the practice sales market, 10 Top Tips for selling a dental practice. © Frank Taylor & Associates, 1 Bradmore Building, Bradmore Green, Brookmans Park, Hertfordshire AL9 7QR. I have been valuing dental practices for over 30 years as a CPA, selling dental practices for 12 years as a broker, ... His CPA and business advisory firm, Ken Rubin & Company Dental CPAs, helps dentists with practical and proactive advice. We offer vendors access to an extensive vetted list of registered buyers including: individual buyers, major corporates and smaller dental groups. Not only can we ensure that you get the finance for the practice but will get the most competitive interest rates. Am I right in thinking this will be treated as a capital gain and taxed as such. The research consisted predominantly of practice principals, from a cross section of [...], Buying & Selling Practice Post-Lockdown Lis Hughes, Managing Director at Frank Taylor & Associates was recently interviewed by Zoe Close, Sales Manager at Practice Plan, and shared her [...]. Samantha is a practice valuer and sales agent. There were frequent updates and support.which continued well past the phase of finding a buyer and negotiating a price.As one of the largest dental estate agents I felt that my practice was marketed as widely as possible and it was a great comfort to know that I was selling through such a well respected agency. Andy sucha greay guy, very professional , helpful and quick to response for all queries . With your future income dependent on it, you want to ensure that you are making the right decision. Thank you to you for all your phone calls and reassurance through lockdown. Kelli provides sterling support to the valuation team, bringing her professional oversight to marketing documents. Dental management organizations. I will forever be grateful to Lesley. We are a specialist company concentrating on the Market for selling and buying Dental Practices in the UK. When it comes to buying, or selling a dental practice in the UK, there is only really one name to be aware of – Frank Taylor and Associates. If you are considering buying or selling a Dental Practice then we invite you to contact Greg Bullock, our dental law specialist on 01283 526220 or at greg.bullock@elselaw.co.uk. A seamless transition for patients and staff, The service has been fantastic and you truly provided a hand-holding service throughout. Her days are spent helping vendors realise the best price for their practice and negotiating the best terms for their sale. He responded very quickly and made considerable effort to sort out an initial consult with me which fitted around my unusual schedule. This article will give an overview of these two groups and discuss key considerations for dentists looking to sell to them. He has helped me a great deal and has made a general road map for me to achieve my goal. Our membership scheme gives priority notice to members on the premium plans and often that makes all the difference between finding the dental practice for sale that you want, or just missing out on it! I was genuinely shocked and humbled by the goodwill Lesley had calculated I had generated. Really pleased. Seller’s Discretionary Earnings (SDE) Multiple . At PFM Dental we undertake hundreds of dental practice valuations each year for various purposes all around the country. It was a validation of all my and my teams hard work over the years. Dental Marketing. Partnership Buyer. 4.4 × 0330 088 11 56 A A A. When you start to think, “I would like to sell my dental practice,” be sure to visit this page and get the full details. I would recommend their services to anyone else who is selling their practice. Our hugely popular priority buyers scheme ensures that in many cases our agency fee is paid buy the buyer – a significant cost saving on your transaction. Approach all of the banks in one place. During the meeting he was very empathetic, knowledgeable and understanding of my situation and my business aspirations. Childcare & Education. Asset value 3. General Dental and Specialist Practice Private Tyne and Wear Freehold Turnover: £1,025,000 EBITDA (Associate Led): £194,000 EBITDA (Owner Operated): £449,000 No. See the below graphics for how revenue multiples have trended over the last few years and how they trended by company size in the dental industry. For those who seek to sell a dental practice, we are known to be highly accurate in our valuations with almost every practice sold achieving the full valuation carried out by us. It’s easy to register with Frank Taylor and Associates if you wish to buy a dental practice. You can also register as a buyer to get all of our new practices sent through directly. Our knowledge of the market has helped many dentists enact their ‘exit plan’, trusting us to value, market and sell their … Most calculations of value utilize multiple valuation formulas averaged together to arrive at a final estimate. Someone that wants to buy into a practice, instead of buying the whole practice, … https://uk.linkedin.com/in/martyn-bradshaw-40186666, https://www.linkedin.com/in/samantha-hodgson-386a8155. A complete range of services for anybody buying, selling or financing a dental practice. DMOs have been in the market for more than 20 years. I reached out to Andy via social media. Can I sell my dental practice to a corporate? There are hundreds of listings across each of those four categories, so that buyers can easily search based on location or product or service type. Spoke to Andy who gave some great, honest and very helpful advice about the UK dental market and practice ownership - extremely helpful as a current associate. Martyn leads the practice sales and valuations department and is a director of PFM Dental. A Letter of Intent Should Include This When Buying a Dental Practice How to Analyze a Dental Practice for Sale – The Quantitative Factors Negotiate the Asset Allocation When Buying a Dental Practice . Selling any business is a complex process, and if you’re thinking of putting your dental practice up for sale, you likely have many questions and concerns. I met Lesley in 2017 when I was seriously considering selling my dental practice in Fulham. Find out more about 360° tours to showcase your practice! It gave me the determination not to give up, to remove all negative persons around me , and have belief in myself. I wouldn’t hesitate to recommend your company’s services to others. As a broker, Mr. Rubin has helped hundreds of dentists successfully transition their practices during the past 12 years. Keep essential equipment and facilities up to date. Written Quotation will be provided on request. Home. Buying or selling a dental practice is complicated and can be a stressful experience, so you need the right advice to guide you through the process. This multiple is applied to SDE to derive an implied value of the business. All finance is subject to status and income. I would particularly recommend Hayley Hudson, who is always approachable and friendly! How can I sell my dental practice quickly? I found Frank Taylor Associates to be very knowledgeable and helpful, throughout the process of selling my dental practice. Our unique, continuously updated analysis simplifies the complexity of financial data and a subscription gives you a clear insight into the health, value and prospects of the 1026 leading UK Dental Practices companies , and how they sit in the overall market. Of all the valuations I had done they were the ones that correctly assessed and subsequently delivered the best return for my business.During each step there was a personal contact guiding me through the often arduous and convoluted process of selling a practice. “PFM took the stress away from me having to approach individual banks to obtain finance and were able to arrange the necessary insurance which was one less thing to worry about.”. Whichever of our plans you decide to subscribe to, if you are thinking of buying a dental practice you may be sure of the same high standards of customer care that we have become synonymous with. of Surgeries: 4 Asking Price £1,162,000 Register your Interest Therefore, we fully understand the goals and needs of our clients. I have found them to be extremely efficient in all respects, and good value for money, especially when compared to my previous accounts. This involves more than just scouring the market for the best finance deal and includes a financial viability test based on real world financial projections. A good blueprint for maximizing value is to build … Dental practice sales can be complex and a high level of expertise is required if everything is to go smoothly. We’re a specialist dental practice sales agency, so whether you are looking to sell on the open market, selling to your associate or intrigued with Corporate interest, we’ve helped thousands of dentists like you. This highly professional and experienced organisation were instrumental in making the sale of my practice a success. There are many considerations when preparing to sell your dental practice, not the least of which is emotional attachment. At Plimsoll we do company and market analysis differently. Market your dental practice for sale with Morgan Cox. We are a family run business with over 30 years experience of Selling Dental Practices and everything that goes with it. I am selling my dental practice which I have been operating as a sole trader for some time. Our listings of dental practices for sale is very comprehensive and we always have a long list of serious, interested potential purchasers across the country. Andy Acton explains more….. Many thanks to all at Frank Taylor & Associates for holding my hand, from my first initial phone call and helping me so carefully through the process. Her valuation of my practice was far beyond my wildest expectations. Laura’s job is to help each sale go through as smoothly as possible, from start to finish. If you have found a dental practice that you are interested in we would suggest that you get PFM to give you a second opinion then we can undertake a ‘buyers assessment’. What should I do to prepare my dental practice for sale? The valuation is completely free of charge and includes not only the business and any associated property but also the fixtures, fittings and, of course, goodwill. Without someone like Lesley who could see the potential of my business and to give me the hope that I sorely needed, Karma Dental Care would not be around. Her support to the sales and valuation team includes vendor and purchaser communications, marketing practices, coordinating viewings, handling with the offer process and dealing with solicitors and banks. H… Capitalized excess earnings 2. This is especially effective for larger NHS practices where we regularly attract multiple ‘best and final’ offers. I just wanted to write a personal note of gratitude to you [Lesley] for initiating the sale of my dental practice with your expertise and experience. Potential dental practice buyers can also rely on our valuation process to be independent of who has instructed us and to be truly representative of the market value of the practice in question. Lesley, without either of us realising it at the time,  quite literally saved Karma Dental Care! We offer several levels of membership, depending on your timescales, ranging from “Gold Plus” – our premium service for those who wish to make a purchase quickly – through to our free-of-charge Bronze membership which is more of a slow-burn for those whose plans are less imminent. Some dentists are getting ready for retirement and won’t have any need for the practice anymore. Our experience of Frank Taylor and associates has been a positive one. Frank Taylor & Associates – Expert Services For Those Who Wish to Buy or Sell a Dental Practice. Great knowledge in the industry. Bringing more than 15 years experience as a practice valuer and sales agent, he’s passionate about achieving the maximum value and best terms for dentists selling their practice. PFM Dental’s knowledge of dentistry and its quirks was invaluable in making the process run smoothly. Usually, one of the first things that needs to happen is for the practice in question to be accurately valued. Together, the transaction costs to the selling dentist of a simple dental practice sale are 14.5 percent, taking $145,000 from the pocket of the selling dentist. This multiple is applied to SDE to derive an implied value of the industry... Dental practice, so don ’ t assume it ’ s knowledge of the dental sector was invaluable making. Uk dental practice, 10 Top Tips for selling a dental practice listings and advice has given me great... 104 five star reviews on google staff, the service has been fantastic and you truly provided a service... 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