Dr Showman sells final Manchester dental practice after 40 years

Dr Showman sells final Manchester dental practice after 40 years
News

Specialist business property adviser, Christie & Co, has announced the sale of H Showman & Associates Dental Practice in Failsworth, Greater Manchester.

Founded by Dr Harvey Showman in the 1980s, H Showman & Associates is a long-established, five-surgery NHS dental practice located in Failsworth, Greater Manchester, approximately four miles northeast of Manchester city centre.

Dr Showman, who has owned and operated many practices in Manchester over the years, decided to sell his final practice to pursue a well-earned retirement, though he plans to continue working at the practice for the time being.

The business has been sold to an independent regional operator whose portfolio comprises several practices across the North and Midlands.

Dr Showman comments, “Since I established the practice 40 years ago, we quickly grew into a four-surgery practice working until 8pm and on Sundays. For a number of years, we were the Oldham in-hours dental emergency practice, during which time the practice saw and treated an additional 400 patients a month. Opening on Xmas Day and Boxing Day saw the practice providing out of hours emergency services to a huge patient base; we always felt we had a responsibility towards both our own patients and the wider community. Over the years it has become more and more clear that the staff are the bedrock of any practice and I leave them with a heavy heart.”

Jonathan Watson, Director at Christie & Co, who handled the sale, comments, “It was a great honour to act for Dr Showman on the sale of his final Manchester practice in Failsworth. There is never a dull moment with Harvey, as I am sure many in the industry can testify, and it was a genuine pleasure to work with him once again.

“The market for large NHS practices, such as this, continues to be fiercely competitive and we expect this trend to continue well into 2022 and beyond.”

H Showman & Associates Dental Practice was sold for an undisclosed price.

Christie & Co

About Christie & Co

Head of Valuation – Medical Chris joined Christie & Co in 2008 and was appointed Director in 2010. Chris has overall responsibility for valuation work undertaken across our medical business with particular expertise in the GP, pharmacy and dental sectors. With a client base of leading corporate and independent operators together with key banks and lending institutions, Chris has been integrally involved in all of Christie & Co’s major medical advisory instructions since joining the business and is frequently invited to speak at industry events and conferences. Chris also attained his FRICS status in 2016 emphasising his expertise within the sector and industry.