Looking to sell a practice in NZ?
Whether it’s a multi-chair practice in Auckland, or a smaller, single chair practice in Invercargill, we are here to help you.
See Articles and Success StoriesWhether it’s a multi-chair practice in Auckland, or a smaller, single chair practice in Invercargill, we are here to help you.
See Articles and Success StoriesAnyone who has ever tried to buy or sell a dental practice will tell you it isn’t as easy as it looks. There are multiple legal agreements, hundreds of moving parts in a transaction, worth hundreds of thousands (if not millions) of dollars, and emotions are high on both sides. How do you find a fair price? How do you make sure you aren’t taken advantage of? Who can you ask about the steps and timelines ahead in the process? How can you know if a clause in the agreement that is being presented to you is reasonable and industry standard? How can you know if you could or should be getting more?
If only there was someone who had done this hundreds of times before, who could guide you through the process and hold your hand every step of the way.
There is.
After decades of selling practices in Australia, Practice Sale Search recently opened an office in New Zealand, with a local representative who has decades of experience in the NZ dental market. Never before has there been such an experienced team available to help dental practice owners with the sale of one of their most valuable assets.
This modern, stylish practice was purpose built three years ago, and has enormous potential for growth, as it only operates 4 days a week, with no evening or weekend work. The practice has high-end Sirona equipment and large floor-to-ceiling windows that let in an abundance of natural light. The vendor does not work in the practice, presenting a buyer with the option of owning the practice as an owner/operator or investor.
Established more than 40 years ago, this two-surgery practice is situated in a converted residential building with light-filled surgeries. Situated on a main road, there is clear signage visible to traffic from both directions. The vendor, who only works one day a week in the practice, is selling in order to retire. The surgery is easily accessible, with parking available and a bus stop across the road. There is ample room for growth, as the 2nd surgery is only utilized one day a week.
Located in a charming converted residential building, close to the centre of town, this two-surgery practice has been operating for more than 30 years. The vendor does not work in the practice and employs a skilled team of dentists, generating more than $800,000 in the last financial year. The vendor owns the property and is happy to offer a long lease or sell the premises.