Dental practice in Bishopbriggs changes hands for the first time
Specialist business property adviser, Christie & Co, has announced the sale of F J Murphy BDS in Bishopbriggs, Greater Glasgow.
F J Murphy BDS is a well-established, two-surgery mixed income dental practice based in the East Dunbartonshire town of Bishopbriggs on the outskirts of Greater Glasgow.
The practice was established by Jack Murphy in 1964 with the selling Principal, Frazer Murphy, taking the helm in 2003. After many successful years of ownership, Frazer decided to take a step back from practice management to concentrate solely on delivering high quality dental care to the loyal patient base that he built up since 1986.
Mr Murphy comments, “I have had the responsibility of running the family practice for 18 years and it was very important for me to be able to sell it to someone who shares the same values as we do. Joel Mannix of Christie & Co offered a professional service and was up-to-date with the current market nuances that the pandemic has presented.”
The business has been purchased by a large local operator as part of its wider expansion plans.
Joel Mannix, Business Agent at Christie & Co, who handled the sale, comments, “I am delighted we were able to conclude the sale for Frazer relatively quickly during the pandemic. The sale attracted a number of interested parties including first-time buyers and multi-site operators, with a fantastic result being achieved. All parties and intermediaries were organised and worked collaboratively to ensure the transaction ran smoothly.”
F J Murphy BDS was sold off an undisclosed asking price.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com
Contact the agent:
Joel Mannix, Business Agent – Dental
P: 07764 241 691 or E: joel.mannix@christie.com
