It is easy to get caught up in the Covid frenzy and assume that everything is bleak. Of course the pandemic is catching the headlines and the increased transmission rate from the new variant is of course a concern. However, there is still positive news and activity in the dental sales market which provides hope for the future of the profession. The demand to buy dental practices has never been higher and with this comes confidence in the profession. Dentists looking to buy dental practices in the current environment is a clear indicator that the future of the profession is considered a good investment.
The value of dental practices continue to hold up well and new buyers are registering with Frank Taylor & Associates on a daily basis.
In the first week of January alone, offers have been accepted on dental practices in the West Midlands, London and Surrey. There were 14 offers on these practices with two achieving above their asking price. 46 viewings took place within just a couple of weeks and all these practice are now in the hands of solicitors to take care of the legal agreements.