10 Steps to a Successful Dental Practice Sale

Preparing to sell your dental office? Follow our 10 steps to ensure a successful Dental Practice Sale. 1. Prepare for the Transition to a New Owner & New Management When you make the decision to sell, start to prepare your practice for the new owner. Start putting things in order so the dental practice runs...

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Selling a Dental Practice through a Dental Practice Broker

Considering to sell your dental practice through a dental practice broker? Learn about the benefits of selling your dental practice through First Choice Practice Sales! 1. Confidentiality One thing that you can be assured of is the sale of your dental practice will be handled confidentially. We have safeguards and procedures in place to protect...

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A Guide for Dental Practice Buyers and Sellers

Your best guide for buying or selling a dental practice isn’t words on paper; it’s the competent presence of your First Choice Practice Sales Broker. Although First Choice Practice Sales Brokers generally represent the seller, the buyer also reaps the benefits of expert guidance. A practice broker provides vital services for both parties and acts...

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What Every Selling Dentist Should Know

Selling your dental practice is a major decision. You have devoted your time, money, and energy to building, running and operating your practice. It may well represent your life’s work. If you have decided that now is the right time to sell, you will want the very best professional guidance you can get. This is...

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First Steps toward Selling Your Dental Practice

Doctors who decide to take advantage of a favorable market should act quickly to launch the selling process. There are vital steps to take – and crucial realizations to face – in preparing for this all-important transaction. Here are the first steps you should make when selling your dental practice: 1. Once you have made...

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What Every Dental Practice Seller Should Know

Timing is everything . . . when is the right time to sell? Many factors can lead to the sale of a practice; retirement, a new venture or business opportunity, or simply wanting a change. Dental Practice Sellers must allow for proper planning for a timely sale done at the most opportune time. Compelling personal...

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Questions and Answers

1. What is a fair price for a practice? Like any other product, a business is worth whatever a willing buyer will pay a willing seller in a free market. However, the value of most practices is determined by what someone can afford to pay for it. If the practice can earn the income you...

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The 20 Step Buying Process

Looking at a dental office for sale? Preparing to purchase a dental office? Interested in learning from a Dental Practice Sales veteran? Your Southern California Dental Practice transitions experts at First Choice Practice Sales have developed a 20 step dental practice buying guide! With these 20 steps, our brokers are confident you will have the...

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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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