Our goal is to help you maximize your practice’s value, and when it’s time, successfully execute your preferred transition plan. Many dentists have been approached by unsolicited buyers and been encouraged to sign exclusive offers, and sell before timing is optimal. However, accepting an offer from the first group that calls without representation could cost you greatly. As experienced brokers, we negotiate on your behalf only and provide the direction to help you successfully navigate through the process to ensure your short and long-term goal are realized. You’ve worked hard to build your practice; we’ll work hard to ensure it is valued and sold correctly.
You may not be ready to sell your practice just yet, but you should start your transition plan well in advance of selling. It begins with a valuation. This will provide a benchmark for your practice value, and a list price if you decide to sell. Your transition plan could also include financial planning, estate planning, and more. We’ll also help you establish buyer fit, partnership considerations, length of associateship commitment (if any), etc.
Many practices have areas that can be improved in advance of a sale, such as:
• Premises lease
• Team structure
• Office upgrades
• Treatment improvements
• Marketing and operations
Rather than being convinced to sell your practice earlier than planned, we’ll help you formulate a clear strategy. We want you to leverage full market value so that you always come out on top.
Start the planning process with a valuation and plan, summarizing your objectives. When selling, our sales and marketing skills maximize your value while aligning with your transition plan objectives. In addition, our brokerage commission is generally in line with most commercial real estate and is based on the size and scope of our involvement in the transaction.
It is not 10%.