Dalmeny House DC has 19 back to back viewings

Dalmeny House DC is a mixed dental practice in Surrey.  Asha Lad of Lily Head Dental Practice Sales managed the sale of this practice for the vendor.

The brief was to act on behalf of one expense share partner.  We quickly identified and agreed that the value of the entire dental practice was worth more than the sum of the two parts.  We were therefore appointed to act for both expense share partners and sell the entire practice.  The freehold was an optional feature of any deal.

‘Through our analysis of the financial data and our meeting with the vendor we identified several growth opportunities for this practice. We shared this with prospective purchasers’ said Asha Lad.  This insight, along with the location of the practice created some real interest amongst a wide profile of buyer types.

Dalmeny House DC has 19 back to back viewings and 9 parties actively bidding on the practice.

Through our open bidding process.  We were able to move initial offers of below the asking price to a final agreed price in excess of the asking price.  The terms of the deal also met the vendors objectives

Some buyers made multiple offers as a result of the competitive bidding environment Asha was able to create around this practice.  As Asha said, ‘It’s always good for vendors to have options, right’?

Time was spent guiding the vendors through the various offers, price, associated terms and how each offer met their objectives.  We talked about how we qualified the buyers for them.  That we had considered proof of funding, their professional history and their vision for the business so the vendors could make an informed choice.

This is how Simeen Dawoodbhai described the value she got from Asha.

Asha was great throughout the whole process. She completely understood where I was coming from in why I was selling and my objectives.