How Much Should I Pay for a Practice? What is it Worth?

There are many complicated formulas and methods to determine the value of a practice, but in the end it is worth whatever a buyer is willing and can afford to pay. Buyer (market demand) has a significant impact on practice values. Practices in high demand, in strong and growing markets, enjoy higher earning multiples (multiple...

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What are SDC and EBITDA?

SDC (Seller’s Discretionary Cash), also known as SCD (Seller’s Discretionary Cash Flow), is the total cash benefit or income the owner realizes from owning the practice. This is calculated by recasting the owner’s financial statements and adding the owner’s benefits to the profit of the business. Some examples of typical expenses that may be added...

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Buying Your Own Dental Practice: Important Issues to Understand

Buying your own practice can be a complicated procedure. Throughout the buying process, it’s important to keep an open mind while searching for a practice that will fit your needs, talents, skills, and lifestyle. A practice broker has many different types of practices for you to consider; however, you need to remember that there is...

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Why Sellers use First Choice Practice Sales Practice Brokers

Why would a seller use a broker/intermediary to sell a good practice, why not sell it themselves? Here are some of the reasons smart sellers engage a good practice broker. 1. First Choice Practice Sales has sold many practices in the Southern California and has a nationwide network. 2. First Choice Practice Sales Exposure First...

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