Sole Trader Sales Service

Although we primarily deal with the sales of larger practices, if you have a practice that is not of interest to a corporate buyer, eg. sales below £500k, location or profitability we may still one able to help you with our advertising service.

As I have stated before 95% of practices with a turnover of over £500k will be sold to a corporate entity. Occasionally they will purchase smaller units if the location fits their plans, but in the majority of cases these smaller practices will have to be sold to non-corporate buyers. Often many are technically operate at a loss so when selling these practices a different approach has to be made.
When you sell as a sole trader you will be selling the assets, the goodwill, equipment and property. Any liabilities will be your responsibility, which effectively means you will have to clear off any debts. Selling as a sole trader is less costly (ie legal and accountants fees) as you are dealing simply with the sale of the practice assets, which includes the goodwill.

Why would a buyer look to purchase a low profit/turnover practice?
Why would a buyer look to purchase a low profit/turnover practice?

Incorporating your practice into their own.
Acquiring the assets such as your client base, and practice property.
Introducing capital and restructuring the practice to make it profitable.
Buying the practice to offset tax.
So, there are reasons why someone might be interested, and marketing these has to be undertaken in a very different manner.

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What we can offer-

We can offer a comprehensive advertising service for your practice - 
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To find out more Tel: 07939216174 and speak directly to Malcolm or Email: mal@thevba.com
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