Practice Sale Challenges

Robert Davey recently sold his dental practice and achieved in excess of the asking price. Upon reflection of the biggest challenges he faced, he commented:

“For me, it was the leading up to the exchange of contracts and putting all the information together with the solicitors. The process itself was quite stressful and I felt as if it was longer than it needed to be.

“The CQC changeover process was also tricky but no more than I expected it to be.”

With this is mind, what advice would Robert give to future sellers?

“Be prepared for a lengthy process! Ultimately, it’s a two-way task and unless both sides work at it, delays are likely to occur – especially with elements of the sale such as due diligence.

“Luckily, Dental Elite worked with me and supported me throughout the process step by step. Not only did it relieve some of the pressure, but it also made the transition a lot smoother.”

To find out more about Robert’s sale, contact Dental Elite today.

For more information contact Dental Elite. Visit dentalelite.co.uk, email info@dentalelite.co.uk or call 01788 545 900