Our experienced dental valuation team provides formal valuations of hundreds of practices each year. We provide valuations for loan security purposes to facilitate the purchase and refinance as well as going concern valuations for partnership incorporation and set up. We work with corporate and SME dentists as well as most high street lenders advising on all aspects of dental practice valuations. Our medical team values both Leasehold and Freehold dentists ranging from private to mixed and fully NHS practices.
Dental Sector News
Changes to the Use Classes Order: Amended and simplified with greater flexibility for businesses
- Class E (Commercial, Business and Service)
- Class F.1 (Learning and Non-residential institutions)
- Class F.2 (Local community)
- Trade as a shop mostly selling essential dry goods and food to visiting members of the public
- Not have an area greater than 280m2
- Be situated at least 1km from a similar shop
Dental Sector Market Update | December 2020
Since the reopening in July, most dental practices continue to struggle keeping with demand. According to The Association of Dental Groups’ (ADG), eight million patients waiting for an NHS dental appointment this Christmas. As a result, there has been an increase in the number of private treatments from patients who were unable to access NHS appointments.
Higher-end treatments such as adult orthodontics have also experienced a growing demand. While some people were affected financially by the pandemic, some found that they have more discretionary income that would otherwise be spent on holidays and going out. This demand for private treatments is likely to continue, which creates an opportunity for practices that are looking to expand the private dentistry in their practice and work more independently of the NHS.
With regard to the NHS, there are big challenges relating to future contractual structures and funding. Large debt accumulated during the COVID-19 pandemic means that it is unlikely that funding for the NHS dentistry will increase.
Going forward, it is still unclear if the Christmas holidays will lead to an increase in transmission rates or if the effects of the COVID-19 vaccine will be widely felt in the community. It may take a while for the authorities and regulators to relax the dental patient journey.
How to Value a Dental Practice?
- Geographic Location
- Contracts (is it private or NHS and proportion)
- Quality & Condition
- Trading Demand
- Historic Trading Profile
- Number of customers