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Brilliant Businesses: Threemilestone Dental Practice

In this series of ‘Brilliant Businesses’ blog posts, we take a look at some of the best businesses that our Valuation Services team has worked with.

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Threemilestone Dental Practice is an established dental business located in the Cornish village of Threemilestone, near Truro. It occupies a former residential bungalow that was converted into dental use in 1990.

When the business was acquired by Brendan Assibi and his partner, Romana, in 2022, it was a dated, two-surgery practice. In the first 12 months of ownership, after obtaining planning consent, they fully refurbished the original building, adding a third surgery and then extending it to the rear to add two further surgeries, transforming it into the modern, five-surgery practice that it is today.

Since completing the refurbishment and extension works in 2023, turnover has more than doubled due to strong patient demand and the growing reputation of the quality of care and treatments offered. In addition to working in the practice themselves, Brendan and Romana have been successful in recruiting and retaining Associates in what can sometimes be a challenging location due to the far smaller pool of available dentists.

In 2025, I had the pleasure of valuing the practice for Brendan to facilitate his refinance to HSBC Bank. Whilst the independent market for dental sales in Cornwall is challenging - with a far smaller buyer pool and hence lower pricing than other areas of the South West - the size of the practice now would make it of interest to national and larger regional operators and hence attract stronger multiples of profit and turnover than it would achieve otherwise. Brendan and Romana are a great example of what can be achieved in a short space of time with the right spirit and determination, and it was a pleasure being able to help them with their refinance.

THE FUTURE OF THE PRACTICE

"When Romana and I acquired Threemilestone Dental Practice in 2022, we saw far beyond the small, dated practice it was. We saw the opportunity to build something exceptional for Cornwall.

“In a relatively short period of time, we have transformed the practice into a modern five-surgery facility, significantly grown the business, expanded our team, and invested heavily in the patient experience. That growth has only strengthened our belief in what is possible.

“Our vision for the future is to keep building on that progress by continuing to invest in our team, our facilities and the latest technology, including CBCT and advanced digital workflows, while maintaining the friendly, personal approach that our patients value. Our ambition is for Threemilestone Dental Practice to become one of the leading centres for private, cosmetic, implant and digital dentistry in the South West, providing patients with access to exceptional care and a wider range of advanced treatments without having to travel outside Cornwall.

“Ultimately, we want the practice to be known not only for clinical excellence, but also for genuinely looking after people. We are incredibly proud of what has been achieved so far, but we feel this is only the beginning." - Brendan Assibi

For a confidential discussion about the value of your business, contact Rachel Seward: rachel.seward@christie.com or 07720 948 972 

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