26 Feb Partnership Opportunity – Lead/Principal Dentist with share ownership
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Have you ever considered owning your own practice, but weren’t too sure where to start?
We have a unique opportunity, well suited to experienced dentists who want to take control of their the career and their earnings capability in the increasingly consolidated dental market.
Be your own boss
We are working with a team of dentists and investors, looking for a confident and motivated dentist to join their partnership structure as a Principal Dentist/Practicing Partner in an established practice.
This is a partnership structure that provides practitioners with the finance and back-room support to own and run an independent practice as the Practicing Partner, with an experienced clinical partnership team to support them.
For the incoming partner in Southampton, there are up to 5 available days of dentistry with between 4000-6000 UDAs available as desired and substantial private income potential. The outgoing principal is agreeable to a sensible handover period and support for the incoming partner.
Practice turnover is presently in the region of £620,000 with the incoming Principal/Partner anticipated to earn a net income (EBITDA) of £140-160k in the first year and with scope for this to continue to grow as the practice develops further.
You’ll be working with an experienced team of clinicians and management with a proven track record of developing and growing successful dental practices and with a passion for high quality “independent” dental practices which serve their local communities.
- A substantial, good quality 3 chair mixed practice in the Southampton area
- NHS contract generating 60% of current income
- Strong opportunity for private growth (little to no current marketing)
- Expansion available, with plumbing already in place for a fourth surgery
- Two associates and two hygienists looking to take on more work
- Renovated downstairs area and modern looking patient waiting room
- Staff car parking
- Freehold available for purchase at the five-year date
- Low operating cost base enabling strong profitability
- Experienced part-time Practice Manager
Having looked after the careers of hundreds of dentists over the last 15 years, we always strive to work with innovative and forward thinking clients who put their patients and clinicians at the core of what they do.
In the increasingly corporatised world of UK dentistry, there is still space for independence and we have great opportunities UK wide for dentists looking to take charge of their own career and own a piece of the action.
If you are interested in this great opportunity in Southampton, we would love to have an informal and confidential conversation with you. Alternatively, if you’d be interested in other areas, we have similar acquisition & partnership opportunities UK wide.