TERMS

The VBA Fee Structure (September 2020)


(A) Traditional Practice sales service-
Sole Traders or incorporated practices with sales over £600k
Once we have agreed terms, we will send a contract for you to sign. We charge a Documentation fee of £1,000 in advance to cover our costs prior to marketing the practice. This is refundable on successful completion of the practice sale.
We will deal with all enquiries and be present at the surgery when the preferred bidders come to view the site.

Our final fees are commission based upon the goodwill value of the practice achieved, we do not charge commission on the other assets sold, stocks, equipment etc.



(B) Digital sales service

Sole Traders or incorporated practices with sales over £400k

This takes place utilising Zoom conferencing system.
Zoom is a web-based video conferencing platform – a virtual meeting room which we can use to have private discussions. It can be used on a mobile, laptop or desktop and is free to the user. To start each meeting, we will send you an ID link by Email giving the time of the meeting. To join once the meeting has begun you simply click the link to join.

We will obtain all of the information we need and prepare a sales memorandum based upon the agreed valuation.
We will deal with all enquiries and be present at the surgery when the preferred bidders come to view the site.

Again, our final fees are commission based upon the goodwill value of the practice achieved as with A.


(C)
Algorithm based digital goodwill valuation services,

Free Valuation- This allows the client to input financial and background information and produces a Goodwill valuation based upon that information.

Standard Valuation -This utilises the information that has been put in the Free valuation , but in addition gives a more detailed report on the valuation range and how it is calculated. £115.00 plus VAT

Premium Valuation -This utilises the digital report plus additional background and financial information that is sent to us electronically. From this we can calculate the goodwill range to a higher level of accuracy. £495.00 plus VAT

Please contact us for further details on any of the services.