Update on UK dental market

Simon Hughes, head of medical at Christie & Co said, “So far, 2016 has been very buoyant and this momentum looks to continue until the end of the year and beyond.

“Appetite from buyers looking to acquire all types of dental practices across the whole of the UK remains strong, and as we have seen for some time, demand for practices continues to outstrip supply.

“Christie & Co arranges on average 12 viewings per practice for those coming to the market for sale and 80 per cent of those sold achieve above the asking price, demonstrating the aforementioned imbalance of supply and demand. UK market activity shows no signs of abating and we frequently see achieved values being in excess of the market guidelines/average, both as a multiplier of net annual adjusted profit (EBITDA) and as a percentage in the pound.

“Generally all buyer profiles – corporate, multiple operators, independents and first time buyers are active, with each bringing certain attributes to the market across all regions of the UK.”