Keen Dental Care in Biddulph sold to expanding independent operator through Christie & Co
Specialist business property adviser, Christie & Co, has announced the sale of Keen Dental Care in Biddulph, Staffordshire, with funds secured through Christie Finance.
Keen Dental Care is an immaculately presented three-surgery mixed dental practice with huge potential for private growth. It is situated in the affluent town centre of Biddulph and occupies a large modern property with ample space to expand.
The business was previously owned by Dr Fiona Cuthill and Dr Julian Keen, who decided to sell in order to free up more time to spend with their family. Dr Cuthill comments, “Julian and I tendered for the contract in autumn 2007, whilst both working as Associates in Cheshire, and opened as a squat on 1st September 2008. Initially there were just the two of us, but we soon took in a therapist and expanded the practice from there.
“We decided to sell as we wanted to enjoy spending more time with our children and also to look at specialising in other areas of dentistry such as facial aesthetics. We are very much looking forward to working with Sanraj and his team whilst they develop the practice as part of their group. We found the whole sale process quite smooth, despite being in the middle of a worldwide pandemic.”
Keen Dental Care has been purchased by Dr Sanraj Dulay, who also owns Dore Dental Care in Sheffield. He comments, “Keen Dental Care is an exceptional practice which has been run and developed brilliantly by Julian and Fiona Keen since they started the practice in 2008. It is not too far from our sister practice in Dore, Sheffield and, across the two sites, we hope to have a specialist in-house referral system whereby we can treat patients of all needs, from check-ups to complex implant and restorative cases.
“The practice has an excellent reputation, fantastic patient base, great dentists and staff. I plan on keeping the practice operating as it is, with the addition of more specialist services on offer. Julian and Fiona are an integral part of the team at Keen Dental Care and have plans to stay at the practice for many more years to come. I am really looking forward to working with them.
“I have worked with Christie & Co previously and the service delivered by Jonathan Watson and the team has always been exceptional. I look forward to working with them again in the future. It was my first experience working with Jawad Anjum and the Christie Finance team. It has been a brilliant experience and I was given tremendous support throughout the process, with Jawad being actively involved in all aspects of the transfer.”
Jonathan Watson, director at Christie & Co, who handled the sale, comments, “It was great to see the deal complete in a quick time frame given the current situation and the fact that the purchaser was acquiring his second practice in a short space of time. The parties and their advisors worked positively and collaboratively to ensure the transaction ran smoothly throughout. It was a pleasure to work with Fiona and Julian and I am excited to see the direction in which Sanraj takes the practice over the next few years.”
The sale was funded through Christie Finance. Jawad Anjum, director at Christie Finance, comments, “Sanraj was the perfect client and an absolute pleasure to work with. We came across various obstacles along the way which didn’t faze him, instead he got his head down and provided me with what was required to aid a quick and efficient conclusion to the deal. Sanraj has plans to develop the practice over the coming years, and I wish him all the best in embedding his ideas and look forward to seeing the progress.
“I’d also like to mention the solicitors, in particular John Quinn at Brabners and Mark Soboljew at Knights PLC, who worked tirelessly to meet the completion deadline.”
Keen Dental Practice was sold at an undisclosed price.