In 2018 after 40 years of owning his own private practice, accomplished Melbourne dentist Dr Laurie Wordsworth decided to transition into retirement.
Laurie was kindly referred to Rachel Garel of Dental Brokers Australia by former practice broker Graham Rogers, after Laurie experienced difficulties dealing with a previous interstate broker. This was partly due to geographical issues, along with discovering that they were simply “not on the same page”.
From the very beginning of the process with Dental Brokers Australia, it was obvious to Rachel that the practice would be a perfect fit for Dr Wordsworth’s associate of 4 years, Dr Gitika Sanghvi. “Like a breath of fresh air” says Laurie, happily describing the way Rachel handled all negotiations with Gitika and her father, and very smartly, successfully brokered the practice sale. “I felt completely reassured and confident with Rachel’s management of the sales process,” says Laurie, stating that the whole sales process from beginning to end, which included organising a long term lease for the new principle and negotiations with legal representatives only took a total period of 3 months.
Dr Wordsworth strongly recommends working alongside Rachel Garel and her team, and the benefits that can be gained from her extensive knowledge and experience of the dental industry, acquired over many years, enabling her to effectively communicate and manage the whole process to benefit all parties from beginning to end.
If you are thinking of transitioning into retirement or simply planning ahead, feel free to register as a seller and we will be in touch to discuss the process and get the ball rolling for you.