Buying a Practice
As a potential purchaser, your anonymity is assured. No one, including the current employers needs to know you are looking for a practice. PPS will help you in the selection of a practice that meets your price, size & location requirements.
Why should you BUY your practice through PPS?
We will act as a buffer between you and the vendor to ensure a harmonious relationship.
We prepare the Agreement of Purchase and Sale for asset transactions. This document is about twelve pages long. PPS has brokered the sale of hundreds of professional practices and is experienced at drafting these agreements. We work with your lawyers and accountants to come up with a fair and equitable agreement for both parties. If a purchaser were to use a lawyer to do the initial agreement they would charge a fee. This is done free of charge to the purchaser. It is part of our brokerage service to the vendor who pays our commission fee.
PPS Valuations are approved by all major lending institutions that are active in lending to Dentists. Based on our Valuations, 100% financing is available to qualified purchasers. We have close contacts with these institutions and can assist the purchaser in obtaining financing.
We are licensed Real Estate and Business Brokers. As such, by law we cannot misrepresent a practice, must exercise care in answering questions, and must give advice or information which is complete and accurate. As well, we have a duty to be fair and ethical to the vendor and the purchaser. Through our vast experience selling professional practices, we give you our best possible service.