Practice sale values fall
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- Published: Tuesday, 15 January 2013 09:39
- Written by News Editor
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Alan Suggett, a partner in UNW LLP in Newcastle who carries out the NASDAL goodwill survey, commented: “I’m not conscious of any significant changes in the market place since the last quarterly survey, other than a gradual tightening up of bank lending criteria. The effective range of “normal” deals is, in my experience, from 60% or so for private practices at the lower end, to 200% for large profitable NHS practice sales to corporates.
Ray Goodman, Chairman of the NASDAL Lawyers Group commented: “Despite the thereat of a new and as yet unknown PCT contract, the market for both NHS and Private practices remains solid with buyers outnumbering sellers. The results of this quarter’s survey show a slight dip from last quarters but there is nothing to suggests that this is the start of a trend and I would expect to see figures in line with the previous quarter returning in 2014”
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