Legal Support Selling a Practice

Welcome to

PFM Dental

Legal

Our job is to make the dental practice sales process as smooth as possible and to safeguard you during and after the deal. A wealth of sector knowledge means we can help you prepare everything in advance and if there’s likely to be a problem, we can often spot it in advance and take steps to avoid it.

Selling a practice is a serious undertaking. The sale is usually a once in a lifetime opportunity to realise a valuable asset. Ensuring that your goodwill value is protected until completion is critical. When it comes to complex areas such as NHS contract transfers, specialist advice is vital. It is important that you have protection beyond the sale and we will advise you on complex issues such as warranties and retentions, ensuring these are fair and reasonable.

We offer a fixed fee for peace of mind that costs won’t spiral.

Specialist legal advice when you sell your practice

NHS Contract Transfers

Our experienced team will liaise with the commissioners for a smooth transition.

CQC Registration

We support you with CQC de-registration or any other necessary changes.

Property Advice

We provide advice on Leasehold and Freehold properties.

Due Diligence

We support you getting all the information together for your practice sale.

24-Hour Retirement

We can ensure the process of drawing your pension whilst continuing to work goes smoothly.

TUPE & Staff Transfer

We will support you throughout the process of transferring the existing staff.

FAQs

What is due diligence?

This is the process of collating all the necessary policies, contracts, agreements, declarations and financial data to allow you to safely sell your practice.

How do you help with due diligence?

Due diligence is a key part of your practice sale and one that can lead to unnecessary delay if handled incorrectly. We’ve developed a process designed to help you supply the right information at the right time and overcome common obstacles that could delay your sale.

We’ll work with you to make sure it’s started as early as possible, guiding you through what the buyer really needs and what’s unnecessary.

We’ll help you draft replies so they’re accurate and don’t lead to post-sale claims. Our dedicated team understands this process thoroughly – and we’ll help you avoid the pitfalls wherever possible.

Can you manage the property side of the purchase?

All dental practice purchases involve a connected property, whether freehold or leasehold. It’s an element of the transaction that can slow things down and lead to frustration.

Our dedicated commercial property specialists can handle everything in-house, swiftly and professionally. They will make sure that you are adequately protected after the purchase should serious problems arise. We also help where complex lease negotiations are required with a third-party landlord.

See what other dentists are saying

An excellent all round experience

From initial meeting with the valuer (Samantha) to final result of the sale all members of the valuation and legal team were fabulous. The sale took about 9 months and was stressful mainly due to the due diligence, however I was helped through every step of the way. Advice to prospective sellers is to start the due diligence as soon as you accept an offer!
Thanks very much Sam and Richard

Mike Forde, Dental Practice Owner
Merseyside
Excellent Service!

Stephen Knowles and his team guided me with calmness and precision through the Purchase, Property transfer, CQC registration and Plan income registration transfer. Buying or selling a practice requires experience with the mechanics, Stephen and his team has that totally covered. Stephen has a calm approach when things become fraught.
Excellent service, highly recommended.

Martin Turner, Buying Dentist
West Yorkshire
NOTHING WAS TOO MUCH TROUBLE

It was so reassuring to have the PFM Dental team on my side during my recent practice sale. Advertising, negotiations , DD, CQC, property sale – all handled by PFM in a friendly , helpful and very competent way. I had complete confidence throughout and would unhesitatingly recommend PFM Dental to any colleague considering a practice sale

Ken Dobbs, Dental Practice Owner
N Lincs
Expert advice with practice sale

Martyn’s experience and ability to drill down into the accounts allowed us to use EBITDA in such a way as to achieve the best price when selling our practice with an increase on the original offer. Throughout the sales process he supported and advised all along and cleared up multiple issues that lead to a smoother process and better outcome. Would not hesitate to recommend him!!

Kevin Higgins, Former Practice Owner
Northumberland
Longstanding Relationship

“We have used PFM Dental for financial advice over many years and trust them implicitly. So it was a logical step to have a chat with Martyn and the sales team about our options to sell. He was extremely switched on and we quickly decided to use PFM to organise the sale. He came to see us after work (for confidentiality), to discuss how best to maximise the value and in a tax efficient way.”

Richard Stanage, Selling Dentist
Lancashire
Smooth Sale

“I highly recommend PFM Dental. We used the in-house legal team and the sale went through in just six months. We got an excellent price – and to top it off, the buyer covered the agency fee through their priority buyer scheme.”

Mark Woodger, Former Practice Owner
Warrington

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