Selling a dental practice is never a straightforward process, and sometimes, even when everything seems to be going to plan, unexpected challenges arise. However, with the right team behind you, a setback can quickly turn into an opportunity.
This was exactly the case with a five-surgery, predominantly NHS practice in Staffordshire, which initially found a buyer and entered the legal process. Unfortunately, due to a lack of communication from the buyer, the sale fell through.
Rather than letting this be the end of the story, the Frank Taylor & Associates (FTA) team acted quickly and the practice was relaunched to the open market, ensuring it was positioned to attract new interest immediately.
Within just over a week of relaunching, momentum built rapidly, and 3 viewings had already been arranged. This renewed interest paid off, and in just over 2 weeks, an offer of approximately £60,000 above the asking price was received.
With a committed buyer in place, the sale quickly moved forward, and a few days later the practice was back into the legal process, this time with a buyer ready to complete the deal.
This story is a reminder that, when selling a dental practice, the first offer isn’t always the right one—but with persistence, the right buyer will come along. The FTA team’s expertise and proactive approach ensured a successful outcome for the client, even after an initial setback.
If you’re considering selling your practice, the FTA team is here to help you navigate the process with confidence.
Start your journey today by calling 0330 088 1156.
