60-year-old private Glasgow dental practice sold
Specialist business property adviser, Christie & Co, has announced the sale of Botanics Dental Care in Glasgow.
Botanics Dental Care is a majority private income dental practice with two well-equipped surgeries. The practice offers the highest standard of patient care, with focus on general, preventative, and cosmetic dentistry, including Invisalign and referrals for oral surgery and dental implants.
The business is located in Glasgow’s salubrious West End, occupying the first floor of a traditional tenement with the practice frontage overlooking Great Western Road. The area is popular with young professionals and families alike and is well-known for its vibrant selection of cafés, bars, and restaurants.
Previous owner, Colin Gardner, acquired this 60-year-old practice in March 2008. Following the decision to sell, he wanted a buyer who aligned with his thoughts about dentistry and so will now be tying into the practice post-sale, taking on more of a clinical role in the wider group.
Following a confidential sales process, it has been sold to one of Scotland's leading dental groups.
Colin Gardner comments, “I recently came to the conclusion that the time was right to sell and move on to the next phase of my career – I am in the fortunate position to enjoy dentistry too much to exit from clinical practice and I expect to continue for many years to come. I considered handling the sale myself with the help of my solicitor and accountant – I first bought into a practice in 1991 when the process was much simpler. Being aware that the landscape has changed dramatically over the past 30 years, I am so glad that I decided against pursuing that route and instead contacted Christie & Co and discussed taking the business to market. I am delighted to say that the sale of the business has now reached completion and I could not be happier with the result.”
Joel Mannix, Associate Director – Dental at Christie & Co, who handled the sale, comments, “I first met Colin a number of years ago where we had initial discussions around his future exit from practice ownership. We kept in regular contact, discussing aspects of the business, until he decided that it was time to go ahead with the sale. We worked together to develop a marketing strategy that suited Colin best in order to achieve not only a premium price, but also post-sale conditions that offered the flexibility to continue the clinical aspects of dentistry that he still very much enjoyed. I wish Colin all the very best for the future.”
Botanics Dental Care was sold for an undisclosed price.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Manager
P: 020 7448 8849 or E: phoebe.burrows@christie.com
Contact the agent:
Joel Mannix, Associate Director – Dental
P: 07764 241 691 or joel.mannix@christie.com
Visit Christie & Co’s Business Search page to find out more about current medical listings.
