Steps to Buying a Dental Practice
Select Competent, Experienced Advisors
Our experience as dental practice brokers can help you steer through the purchase process. Your accountant and attorney will also have equally important roles in helping you achieve a successful purchase. It is crucial that all parties have an understanding of issues involved in a practice purchase.
Understand Practice Valuation Methods
Preconceived notions about the worth of a dental practice often collide with reality — to the detriment of the prospective buyer. We will explain valuation methods to you in order for you to make informed decisions
Finding The Deals
Our PMA Transition Consultants not only help you find the right dental practice for you but understand how to buy a dental practice in a profitable way. A practice with subpar attributes in the geographical area you seek may actually deserve a second look. Can you improve revenues?
Dental Practice Finance: Secure Financing
Nothing is more frustrating to a seller — or potentially damaging to your transaction — than to accept an offer and then wait weeks while the buyer seeks financing. Mortgages for dentists can look different than mortgages for other property purchases. Let us help you find dental practice financing that will make the purchase transaction as smooth as possible. Learn more.
Avoid The Pitfalls
As dental practice brokers, we have seen an array of things that can seriously affect the purchase and profitability of your new practice. Things such as staff tenure and training, lease and loan terms, equipment design and office layout, practice demographics and procedure mix, revenue sources and collection ratios and transition and marketing plans all affect the purchase. The best way to give these, and all the other purchase details, appropriate attention is to use us as your purchase representative. Learn more about our experience
If you’re seeking advice on how to buy a dental practice, reach out to us today for a free consultation.
Want to Learn More About Buying a Dental Practice?
Learn how our consultants help you prepare for a smooth dental practice acquisition.