Essex Predominantly NHS Dental Practice For Sale
Asking Price: £1,347,877 plus freehold STV
This practice is a great opportunity for any buyer. It has a healthy net profit margin and benefits from a high UDA rate of over £38 per UDA. Although located in Essex it is close to Centre of London. The practice has 3 surgeries but there is room to add another surgery to expand the business further. Income is derived mainly from NHS contract worth over £450,000, and a small amount of fee per item. This provides a good base to improve on and make the business even more profitable.
- Two NHS contracts with excellent UDA rate of £38
- Strong EBITDA of 48.2%
- Well established practice operating for more than 50 years
- Parking available near the practice
- An additional surgery could be installed to meet future expansion.
- Additional private fee per item income
- TenureFreehold or Leasehold
- Freehold Value£575,000 (stv)
- Lease (p.a)iro £25,875
- Turnover 2018£516,957
- Profit 2018£238,107
- Net Adjusted Profit£249,136
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