Practice Purchase Opportunity In Chelmsford Ref 07-11-1284

Mixed Income – Freehold – Well
Established
With high gross fees, impressive profits, a large NHS contract, an
attractive UDA rate and private income, this practice is clearly one, NOT
to be missed.
The gross fees comprise of an NHS-GDS contract of £786,823 and Fee
Per Item income of £243,134. The UDA rate is higher than average, at
£26.60 with a requirement of 29,583. The profits have remained
consistent from one year end to the next, sitting comfortably for the last
3 years between £364,379 and £380,458.
The NHS contract obviously accounts for a large proportion of the fees
generated, which in today’s climate, can only be seen as a good thing, as
the income from the contract could be described as ’stable and
consistent’. This practice is made more attractive with the fees generated
by private income.

Next Steps
Contact Frank Taylor and Associates on 08456 123434 to
arrange a time to visit the practice and meet with the principal.

Room Rental available in London W1G Ref 14-01-1206

Prestigious location in London, W1G

Fully equipped rooms for dentistry
Please do not contact the practice directly
Rooms available from 1 – 6 days per week and Saturday
Rental rates to be agreed with the principal
Contact Us on 08456 123434 for Full Details
Reference: 14-01-1206

Practice Purchase Opportunity In County Of Clwyd Ref 03-43-1282

Mainly NHS – High UDA Value -
Freehold
With a UDA rate of £26.09 and an overall contract value of
£230,302 contributing to the healthy gross fees, this practice is
not your ordinary run of the mill practice, it is high class! The
mix is extremely impressive, with income generated from DPAS,
Fee Per Item, and not forgetting the generous NHS Contract,
with it’s delightful UDA rate!
The majority of the income is stable, as 89% of it relates to the
NHS contract, with a further 2% from the DPAS fees. In our
current climate, it is extremely useful, to know how much
money you will be turning over month per month, and this
practice gives you that financial peace of mind. Annual fees from
Fee per item income at £23,302, also contribute to the overall
income, giving you a turnover from October 2010 to September
2011 of £258,847.

Well Established – Two Surgeries –
Coastal Living
The practice is situated on the ground floor and there is a three
bed flat on the first floor, that is currently not in use. This first
floor flat, opens up a number of opportunities, firstly, it could act
as residency for the new principal, secondly it could be used as
a source of rental income and thirdly, it could potentially be used
to expand the practice, by introducing further surgeries subject
to planning permission, which with the support of associates
could encourage even higher gross fees.
The principal is selling the practice to facilitate his retirement
after many successful years in the dental industry.

Next Steps
Contact Frank Taylor and Associates on 08456 123434 to
arrange a time to visit the practice and meet with the principal

Practice Purchase Opportunity In the London Docklands Area Ref 14-95-981RL

Extremely Stylish – Two Surgery
Reduced for Quick Sale
With gross fees of £69,108 on a 1 day working week and an adjusted
net profit of £36,601 when the gross fees were £119,889 and a
current FTA valuation of £85,388, but with an asking price of
£40,000……………..how can you not want to view this practice?!
To describe this opportunity as a ‘bargain’ would be an understatement!
The opportunity is fantastic, and what’s more, this
private, two surgery practice is conveniently located in an extremely
stylish quayside warehouse within the developing London Docklands
area. It’s one of those practices, that must be seen to be fully
appreciated that’s for sure!

Extremely Stylish – Two Surgery
Reduced for Quick Sale
The practice is in close proximity to many large corporate offices, that
employ thousands upon thousands of people. We believe that with the
correct marketing strategy, these people could potentially become
your new private patients.
Ideally people like to schedule their dental appointments on their
lunch break or directly before or after their working day, well this is
where this East London practice comes into it’s own, as its fantastic
location, makes the practice extremely accessible to the city workers.

Leasehold – Fully Private
The potential to increase patient numbers and profits is enormous, it
just needs a dentist with passion and drive to move the practice on
from fairly low practice profits due to the small amount of time that
the principals work at the practice and increase practice sessions and
the patient base so the profits then, can only be described as ‘Highly
impressive’! It can be done, it just needs you to believe and aim high!
The practice is leasehold and provides cosmetic and general dentistry.
It further benefits from having a spare room which with approved
planning permission could be used as a third surgery. You’ll need a
third surgery with all of those new patients!! The potential is ready
and waiting for the right dentist to grab with both hands and fully
utilise! Call NOW!

Next Steps
Contact Frank Taylor and Associates on 08456 123434 to
arrange a time to visit the practice and meet with the principal

Practice Purchase Opportunity In Torquay Ref 01-20-1127RL

Fee Per Item – DPAS – Freehold
We have a fantastic opportunity to acquire a well established, fully
private practice, in the beautiful and picturesque town of Torquay in
Devon. The practice has been established in the local community for
more than 30 years, and has the privilege of occupying an extremely
attractive Grade II listed building with views across the town of
Torquay. The practice comes accompanied with a large and loyal
private patient base, with around 845 patients seen only in the last 18
months with a further 152 visiting as ‘DPAS’ patients. The DPAS
income alone generates an annual turnover of £46,211, which when
worked out evenly over a 12 month period, generates a stable and
recurring monthly income of £3,851, which though not a huge
amount, really does allow for an aspect of financial stability, as you
know, that from one month to the next, this income will be in your
practice account. The majority of the gross fees are from Fee Per Item
income, 78% in fact relates to these gross fees, which is a highly
respectable £160,176 of the overall turnover. These fees clearly
represent the loyalty and consistency of the private patient base, as
quite a large percentage of these patients, have been returning to the
practice for many years.

Coastal Living – Scenic Location
The principal currently works at the practice 4 days per week, which
opens up the opportunity for further practice sessions. Another possibility
for increased practice sessions, could be the creation of a second
surgery, which will enable the introduction of a possible associate along
with a full-time in-coming principal. The space is there, so why not utilise
it (subject to planning permission being obtained).
This practice, really is something special, and we feel that it needs to be
seen to be fully appreciated. The sale is to facilitate the principal’s
retirement.
Along the 22 miles of English Riviera coastline are 19 beaches and coves.
Some, close to Torquay town centre are wide, open stretches of sand
with beach facilities such as cafes, beach huts and water sports. There is
an abundance of pavement cafes, Torquay pubs, Torquay restaurants
and nightlife, good quality shops and a host of attractions to suit every
interest.

Next Steps
Contact Frank Taylor and Associates on 08456 123434 to
arrange a time to visit the practice and meet with the principal

Most dentists not ready for compulsory EPCs…

 

The majority of those dentists who are looking to sell their dental practices in 2012 are not ready for new legislation in regard to EPCs according to Andy Acton of Frank Taylor and Associates and Phil McCabe of the Forum of Private Business. The new changes will come into force on 6^th April and mean that:

• An energy performance certificate will be required on all marketing for all properties that are to be sold or let
• The responsibility for the EPC will rest with the ‘relevant person’ – defined as either the owner or the agent. Both will have a duty to ensure an EPC is commissioned before marketing a property
• Trading Standards Officers will have new powers to force sellers and agents to produce copies of EPCs for inspection
• It will also be a mandatory requirement for air conditioning inspection reports to be lodged on the central Non Domestic EPC Register
• EPCs will need to be attached to written details of the property – the option to include the asset rating will no longer apply. The first page of the EPC must be included

Andy commented, “This legislation may slip under the radar as it seems to have been announced quite quietly and we want to ensure that dentists are aware of this. Put simply, after the 6^th April, the marketing of a dental practice just cannot happen without an EPC.”

Phil McCabe, Senior Policy Adviser at the Forum of Private Business added, “Any costs like these are an extra burden for small businesses to bear. The EPC scheme is essentially a watered down version of the unpopular Home Improvement Pack (HIP) scheme, which was dreamed up by the last Government but quickly abandoned by the Coalition after it came in to office for being unnecessary and costly. We would say the same of the EPC.

Aside from the cost implications, there’s also the extra paperwork that will be involved. More red tape and yet more form filling for businesses at a time the Government is pledging to cut bureaucracy is just not necessary.”

 

Practice Purchase Opportunity In Worcestershire Ref 04-29-1259

Two Surgeries – Freehold – Associate Run
We have a two surgery, fully private practice up for grabs that we feel
would suit an ambitious dentist wanting to come on board as a full-time
principal, driving the gross fees and profits to a place of a much higher
calibre.
The practice comes accompanied with a bucket load of potential, from the
opportunity to expand, the opportunity of rental income from the first floor,
three bed flat that is currently generating £2,400 per annum, along with
the opportunity of the introduction of a full-time principal. Turning this
‘associate run’ practice of low profits to a sole principal practice with profits
to be proud of.
The turnover is currently generated by three part-time associates, yet we
believe that these gross fees of £172,280 could be performed and driven by
a sole full-time dentist.
The practice occupies a rather attractive, prominent, two storey, end of
terrace property, conveniently located close to the town centre, with
residential homes, local shops and transport facilities extremely close by.

Next Steps
Contact Frank Taylor and Associates on 08456 123434 to
arrange a time to visit the practice and meet with the principal

 

Practice Purchase Opportunity In Newcastle-Under-Lyme Ref 04-36-1263

Reduced for Quick Sale

Freehold – Well Established – Associate
Run
We have a fully private practice up for grabs, that has been
established in the local community for nearly 60 years and is
currently grossing fees in the region of £370,902, which consists
of Fee Per Item, Denplan and an In-house payment plan.
The practice boasts consistent, recurring gross fees of £81,240
per year, which is generated from Denplan and the In-house
payment plan, which gives the practice the financial stability that
we all crave in this present climate. Each month you can be
comfortable in the knowledge that you will have approximately
£6,000 from the In-house plan and £770 from Denplan in your
bank account. These fees of course, are not even factoring in
the income generated from Fee Per item, which is currently
driving a large percentage of the overall turnover at £289,662
for the past 12 months.

Four Surgeries – Fully Private
The practice is currently running with just associates generating
the income, as the co-principals do not work at the practice,
which is made clear by the profits on the accounts, as a large
proportion of the gross income is paid to the four associates,
meaning that there is very little for the principals’ to take home.
Though, there is light at the end of the tunnel, as if you look at
the practice in eyes of a full-time principal, suddenly the practice
starts to appear profitable. The adjusted net profit shows a
more than healthy net profit of £103,464, which works out to be
30% of the turnover and includes the fees currently paid to the
associates. It definitely gets you thinking. There is money to be
made, that’s for sure, all the practice now needs is the right
principal to come on board and make it happen!
Call us NOW, to arrange a viewing. You will not be left
disappointed!

Reduced for Quick Sale

Next Steps
Contact Frank Taylor and Associates on 08456 123434 to
arrange a time to visit the practice and meet with the principal

THINKING OF BUYING OR SELLING A DENTAL PRACTICE?

 

Then you need to join us and come and get professional advice and tips on how to do this successfully at our next series of seminars. Preparation is everything so if you are starting to consider an exit strategy, looking to acquire your first practice, or even thinking of adding to your portfolio then you should attend.

FTA Finance Ltd are pleased to be holding the following FREE sessions:

 

LEEDS – Wednesday 14th March 2012 at 5.30 pm – in association with Cohen Cramer Solicitors and UMW Accountants.

To book, call Alicia on 08456 123434 or visit http://www.ft-associates.com/runtime/uploads/Files/Leeds%20Seminar%2014.3.12%20.pdf

 

BIRMINGHAM – Thursday 15th March 2012 at 5.30pm – in association with Young & Lee Solicitors and Mitten Clarke Wealth Management.

To book, call Alicia on 08456 123434 or visit http://www.ft-associates.com/runtime/uploads/Files/Birmingham%20Seminar%2015.3.12%20.pdf

 

We look forward to seeing you.

 

Practice Purchase Opportunity In Telford, Shropshire Ref 04-33-1122RL

Mixed Income – Consistent Gross Fees
We have a superb opportunity to acquire a mixed income, well established
practice, located in a well presented business complex shared with other
healthcare related businesses, which comes accompanied with the added
bonus of a potential third surgery, that has already been plumbed and
wired and a rather impressive ‘principal’ surgery which has an integrated
consultation area.
The practice has an extremely desirable mix of income, which consists on
an NHS-GDS contract, Practice Plan and Fee Per Item. 48% of the
turnover could be described as stable and recurring as it is derived from
Practice Plan and an NHS-GDS contract and forms £99,186 of the 12
monthly gross fees. The remaining gross is made up of Fee Per Item at
£108,607, which could potentially be increased, as the current principal
only works on a part-time basis, so there is definitely room for further
growth where the private fees are concerned. Another possibility could be
the introduction of a third surgery, which again could help to encourage
turnover to rise well above where it currently sits, with the practice
running with a sole, part-time principal and a part-time, self-employed
Hygienist.

Next Steps
Contact Frank Taylor and Associates on 08456 123434 to
arrange a time to visit the practice and meet with the principal