Smooth Practice Transitions: Your Ultimate Guide to Success
Welcome to our comprehensive guide on practice transitions – the ultimate resource for dentists looking to navigate the intricate process of buying or selling a dental practice. Whether you’re a seasoned practitioner ready to retire or a dental professional eager to embark on a new chapter, understanding the ins and outs of practice transitions is crucial for a successful outcome.
General Dental Practice Sales Information and FAQs
In this guide, we’ll provide you with a step-by-step breakdown of each stage of the process, demystify industry jargon such as SDC (Seller’s Discretionary Earnings) and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), and address the most frequently asked questions that arise during practice transitions. By the end, you’ll have a clear understanding of what it takes to achieve a seamless and profitable practice transition.
Why You Need a Full Service Dental Practice Broker
Are you looking for a reliable and experienced dental practice broker in California to help with selling a dental office? Look no further!
Our full-service dental practice brokerage firm specializes in transitions in the Southern California region. We have the expertise to help you make the right move with your dental practice. With our experienced staff and comprehensive services, we can provide you with the guidance and support you need throughout the process.
Our team is dedicated to helping you get the best value for your practice and ensuring a smooth transition. We use our knowledge of the market and our in-depth evaluation process to provide you with a comprehensive assessment of your practice. We also provide personalized support throughout the process to answer your questions and provide guidance when needed.
Our commitment to our clients is to ensure that your transition is as stress-free as possible. With our expertise and comprehensive services, we can provide you with the confidence and peace of mind that your practice transition will be a success. Contact us today to get started!
Experienced Guidance
A full service dental brokerage will provide you with experienced guidance to ensure that your practice transition goes smoothly. We personally show your practice to interested parties and are there every step in the transition process.
Comprehensive Services
Full service dental brokerages offer comprehensive transition services, from financial and operational consulting to legal and marketing assistance.
Maximum Value
With our knowledge of the market, a full service dental brokerage will help you get the best value for your practice.
Transparency
A full service dental brokerage will provide transparency throughout the process to make sure you understand the entire transition. what are the top reasons to use a full service dental brokerage
Market Knowledge
A full service dental brokerage can provide you with up-to-date market information to help you get the most value for your practice.
Personalized Support
Full service dental brokerages provide personalized support throughout the process to ensure your transition is as stress-free as possible.
Dental Practice Transition Process
Why is it Best to have a Dual Representation Broker?
Having a broker who represents both the buyer and seller in a dental practice sale can help ensure a successful and fair transaction. A broker who is familiar with both the buyer’s and seller’s needs can help facilitate negotiations and provide objective advice on the best course of action. This can help ensure that the sale is completed quickly and smoothly, and that both parties receive a fair outcome.
What is EBITDA and How is it Calculated?
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a measure of a dental practice’s profitability. To calculate EBITDA, subtract the practice’s expenses (including salaries and overhead) from its total revenue. The remaining amount is EBITDA.
What does SDC mean in relation to a Dental Practice Sales?
SDC stands for Seller Discretionary Cash Flow. It is a measure of a dental practice’s profitability that takes into account the owner’s discretionary expenses, such as taxes, debt payments, and owner’s salary. To calculate SDC, subtract the practice’s expenses (including salaries and overhead) from its total revenue, and then subtract the owner’s discretionary expenses. The remaining amount is SDC.
Dental Practice Buyer's Information and FAQs
Featured Dental Practices For Sale
We provide personalized support throughout the process to answer your questions and provide guidance. Our knowledge of the market and in-depth evaluation process provide you with a comprehensive practice assessment.
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24 – 200 Los Angeles East HollywoodStart from $ 995,000
East Hollywood Dental Practice Sale BUSY RETAIL LOCATION! 58% NET FOR WORKING OWNER! 50+…
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24 – 588 Santa AnaStart from $ 1,500,000
Santa Ana Dental Office Sale STREETSIDE BUILDING! MONUMENT SIGNAGE! 2 UNITS! BACK UNIT IS…
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24 – 269 GlendoraStart from $ 145,000
Glendora Dental Practice Sale BUSY RETAIL LOCATION! LOW RENT WITH LOTS OF UPSIDE! ALL…
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24 – 220 Van NuysStart from $ 319,000
Van Nuys Dental Practice Sale BUSY STREETSIDE LOCATION! LOW RENT & STEADY NEW PATIENTS!…
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24 – 212 WhittierStart from $ 299,000
Whittier Dental Practice Sale RETIRING SELLER! ALL PPO! BUY STAND ALONE BUILDING! Seller retiring…
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24 – 388 OntarioStart from $ 929,000
Ontario Dental Practice Sale BUSY DOWNTOWN LOCATION! STREETSIDE BUILDING WITH GREAT SIGNAGE! EXCELLENT PARKING!…
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24 – 295 ArcadiaStart from $ 99,000
Arcadia Dental Practice Sale GREAT VIEWS! SUPERIOR HIGHER INCOME DEMOGRAPHICS! LANDLORD WILL WRITE NEW…
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24 – 229 RosemeadStart from $ 728,000
Rosemead Dental Practice Sale PEDIATRIC PRACTICE! NEW & BEAUTIFUL! STREETSIDE! SELLER WOULD STAY PART-TIME!…
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24 – 370 San BernardinoStart from $ 459,000
San Bernardino Dental Office For Sale ALL PPO/FFS! SOLID HYGIENE 4 DAYS PER WEEK!…
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24 – 274 Los Angeles CrenshawStart from $ 39,000
Los Angeles Dental Practice Sale SELLER CLOSING SHOP! SAID YOU CAN HAVE NAME, NUMBER,…
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24 – 540 Fountain ValleyStart from $ 578,000
Fountain Valley Dental Practice Sale RETIRING AFTER 35 YEARS! ALL FFS/PPO! REFERS MOST PROCEDURES!…
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24 – 253 PomonaStart from $ 169,000
Pomona Dental Practice Sale BUSY RETAIL LOCATION! 5 GP & 2 OPEN BAY! DIGITAL!…
Dental Practice Seller's Information and FAQs
Dental Practice Evaluations
Dental practice evaluations typically involve a thorough review of the practice’s financials, including cash flow, profitability, and patient base. The evaluation also takes into account the practice’s location, equipment, and other assets. The evaluation may include a physical inspection of the practice and an analysis of the practice’s marketing and operational effectiveness. Finally, an evaluation may also consider the practice’s potential for growth and its competitive position in the market.
How to Maximize Your Dental Practice Sales Price
The best time to sell a dental practice typically depends on the market conditions and the current state of the practice. Generally speaking, the market is most favorable when there is a high demand for dental practices and there are a limited number of practices for sale. In addition, practices that are well-established, profitable, and have a steady patient base are more likely to achieve the highest sale price. Speak with a First Choice Practice Sales Broker for a Free Practice Evaluation to understand your practice’ value.
Recently Sold Dental Practices
We provide personalized support throughout the process to answer your questions and provide guidance. Our knowledge of the market and in-depth evaluation process provide you with a comprehensive practice assessment.
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24 – 255 NorwalkStart from $ 179,000
Norwalk Dental Office Sale CLOSED ESCROW 03 07 2024! STREETSIDE LOCATION! NEWLY REMODELED &…
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23 – 268 Santa ClaritaStart from $ 89,000
Santa Clarita Dental Clinic Sale CLOSED ESCROW 03 13 2024! BUSY, RETAIL LOCATION! LOTS…
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23 – 300 RiversideStart from $ 800,000
Riverside Dental Office Sale Closed Escrow 04 22 2024! BUSY RETAIL CENTER ON MAIN…
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23 – 544 TustinStart from $ 329,000
Tustin Dental Practice Sale TURNKEY, HIGH END DENTAL PRACTICE NEW SIRONA CBCT AND PRIMESCAN!…
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23 – 538 Santa AnaStart from $ 370,000
SANTA ANA DENTAL PRACTICE SALE CLOSED ESCROW 12 29 2023! 40+ NEW PATIENTS PER…
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23 – 220 HawthorneStart from $ 199,000
Hawthorne Dental Clinic Sale CLOSED ESCROW 12 29 2023! PROVEN $2,000,000 LOCATION! CORNER LOCATION!…
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23 – 285 El MonteStart from $ 169,000
El Monte Dental Practice Sale Closed Escrow 12 15 2023! STREETSIDE, RETAIL LOCATION! LOW…
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22 – 320 Norco EastvaleStart from $ 449,000
Norco Eastvale Dental Clinic Sale CLOSED ESCROW 12 29 2023! NEW, STATE OF THE…
Talk With A Broker
We are committed to helping you discover the right opportunity for the right price that fits your unique need. We will assist you in every aspect of the purchasing process: from searching for the right practice to referrals for financing to practice evaluation to the close of escrow.
You are in good hands with First Choice Practice Sales.