Buyers

Practice Sales

This process entails a thorough appraisal of the practice, defining the proper pricing and terms (including the terms for lease or purchase of the selling doctor’s building), as well as any other contingencies necessary for the sale. Usually these transactions are “turn key” in nature; that is, the purchasing doctor takes over the practice from the selling doctor including all equipment, supplies, furnishings, staff and goodwill. A practice purchase is most often extremely financially rewarding for a purchasing doctor, as well as from a “pride of ownership” standpoint.

See our great selection of Practices for Sale

Although there may be a few risks when you purchase a practice, the rewards are substantial! Some of the advantages of owning your practice include:

  • You will earn more money (especially as a percentage of your production)
  • You will own an asset that will increase in value and thus advance your personal net worth
  • You will have ultimate job security
  • You will be able to build the “practice of your dreams”
  • You create your personal work/life balance
  • You will have higher personal and professional freedom

Learn More

Practice Buy-In

This transition involves the sale of a partial interest in the practice, often to an associate dentist. There are several details that need to be thoroughly addressed when working through a Practice Buy-In:

  • Completing a thorough and complete appraisal.
  • Negotiation of sales terms.
  • Preparation and negotiation of sales terms.
  • How will income and expenses be divided?
  • How will administrative duties be handled?
  • How can an owner leave the “partnership”?

We at Shea Practice Transitions have the most experience with not only practice sales but practice buy-ins of any other organization in the Upper Midwest.

Advantages of a Buy-In

  • Maximize practice earning potential
  • Enhance practice value
  • Share administrative duties
  • Reduce your schedule
  • Peace of mind for the disposition of the practice in case of death, permanent or temporary disability, or a timely retirement
  • Smoother retirement transition
  • Favorable tax laws for disposition of the practice

Stages of a Buy-In

“Beginning, Middle, End”

  • Associateship preceding Buy-In
  • Buy-In Pricing and Terms
  • Partnership – It is imperative that compensation formulas, division of duties and control issues be addressed and agreed to
  • Departure of Doctor – Retirement, Disability, Death
If you have any questions or need additional information, please contact us with the form below:
  • Hidden

Featured Opportunities

Beautiful Southeastern MN Practice for Sale 

Dream practice available in a charming area of Southeastern Minnesota. Located within walking distance of quaint coffee shops, hiking trails and river front parks. This spectacular office is 4,200 sq. ft. with six operatories including digital radiography, panorex, and ceph. Annual collections near $1M and approximately 3,000 active patients. Both the hygiene and operative schedule are booked out for several weeks! This is an excellent opportunity that will be gone soon, contact us for more information today.

Featured Opportunities
Close
Our Opportunities