Dr Shirish Patel faced a somewhat unique and particularly challenging practice sale, which he successfully navigated with the support of Dental Elite. He comments:
“I was approaching retirement, but a major change with the NHS contract for my practice created problems for selling.
“Dental Elite was the only agency willing and able to help me. My consultant worked very hard to get a positive result, coming up with innovative ideas to market the practice that really lifted my spirits at a difficult time. The whole team were great – very prompt with replies and they kept me in the loop. Their three-way communication between the solicitors, buyer and I was excellent.
“The bidding process went well and was fairly straightforward in the end. We found a buyer who could take the business forward in their own way and I was very happy to accept the offer.
“My advice for other clinicians looking to sell a practice but are facing issues is to look around. Where some companies are giving poor valuations or are unwilling to take on your project, consider Dental Elite as they will really explore all possible options for you.”