Sale of Business

The selling of a medical or pharmaceutical practice represents a cornerstone in a medical professional’s career and personal life. A medical, dental or pharmaceutical practice is different to any other business simply because it is highly personal; it has been built on the foundations of the owner’s skills, expertise, knowledge and reputation, none of which are really transferable to the new successor. As a result of this, the selling of a practice is a much more intricate and multifaceted transaction that can only be successfully realised with the help of quality advice and counsel. At MPFS, our fully qualified Advisors can offer you impartial financial advice based on decades of experience which will help ensure the sale of your practice is completed as seamlessly and efficiently as possible. 

• Practice valuation services: Our specialised team of financial advisors and accountants can advise you of the potential market value of your practice given the consideration of several factors including location, liquidity, leverage and revenue breakdown. Our valuation service is impartial and can act in support of lending applications
• Executive summaries: We can assist you in preparing the necessary documentation outlining your sales proposal, including the creation of an executive summary. An executive summary is a short document comprising all the necessary company details that seeks to demonstrate the viability of the business for sale. You can rely on us to deliver a quality executive summary that will highlight your practice’s sustainability upon sale.
• Tax restructuring: We will advise you on the most tax efficient way of organising your assets for sale so that you benefit from and maximise any tax reliefs available.
• Preparation of Heads of Agreement: We can aid you in taking the first steps to selling your practice by drawing up a Heads of Agreement document with the relevant parties outlining the basic terms and guidelines associated with the potential transaction