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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23 – 560 Costa MesaStart from $ 199,000
Costa Mesa Dental Practice Sale BUSY STREETSIDE LOCATION! FREEWAY SIGNAGE! WALK-IN BUSINESS DAILY! BORDER…
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23 – 222 PomonaStart from $ 269,000
Pomona Dental Clinic Sale STREETSIDE LOCATION! NEWLY REMODELED LOW RENT & 40+ NEW PATIENTS…
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23 – 230 Los AngelesStart from $ 300,000
Los Angeles Dental Office Sale BEAUTIFUL, TURNKEY OFFICE! SPECIALIST SELLER RELOCATING! OFFICE GREAT FOR…
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23 – 507 OrangeStart from $ 249,000
Orange Ortho Pedo Practice Sale BUILT NEW IN 2019! 6 OPS! LARGE LOBBY! NEW…
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23 – 328 UplandStart from $ 499,000
Upland Dental Practice Sale BEAUTIFUL, LARGE FORMAT PRACTICE! BUSY RETAIL CENTER! LOW DOWN PAYMENT…
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23 – 550 Laguna HillsStart from $ 659,000
Laguna Hills Dental Office Sale BUSY RETAIL CENTER! MOSTLY PPO / CASH LARGE PATIENT…
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23 – 558 TustinStart from $ 368,800
Tustin Dental Clinic Sale RETIRING AFTER 26+ YEARS! STREETSIDE LOCATION! ALL PPO! REFERS MOST…
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23 – 492 Chula VistaStart from $ 139,000
Chula Vista Dental Practice Sale STREETSIDE IN DOWNTOWN AREA! LOTS OF FOOT TRAFFIC AND…
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23 – 596 La HabraStart from $ 269,000
La Habra Dental Office Sale RETIRING SELLER! BUSY RETAIL LOCATION WITH BUSY RESTAURANTS! MIX…
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23 – 208 Manhattan Beach El SegundoStart from $ 720,000
Manhattan Beach El Segundo Dental Practice Sale EXCELLENT HIGH-END LOCATION! ALL PPO/FFS! 3 HYGIENE…
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23 – 524 San ClementeStart from $ 599,000
San Clemente Dental Practice Sale STREETSIDE LOCATION! NEWLY BUILTOUT! ALL FFS AND GREAT FEES!…
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23 – 516 Huntington BeachStart from $ 139,000
Huntington Beach Dental Office Sale BUSY RETAIL LOCATION! LONG ESTABLISHED OFFICE & PATIENTS ALL…
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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23 – 542 AnaheimStart from $ 139,000
Anaheim Dental Office Sale Closed Escrow 09 08 2023! BUSY STREETSIDE STRIP CENTER! RECENTLY…
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23 – 543 Newport BeachStart from $ 249,000
Newport Beach Dental Office Sale STEADY PART-TIME PRACTICE! GREAT PPO PATIENT BASE! PRACTICE IS…
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23 – 592 AnaheimStart from $ 195,000
Anaheim Dental Practice Sale Closed Escrow 09 08 2023! 4 OPS PLUS 4 MORE…
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23 – 304 MontclairStart from $ 249,000
Montclair Dental Clinic Sale DOUBLE ANCHOR RETAIL CENTER! MASSIVE SIGNAGE & PARKING LOT! LARGE…
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23 – 506 TustinStart from $ 320,000
Tustin Dental Practice Sale Closed Escrow 07 14 2023! LARGE RETAIL CENTER! SEVERAL RESTAURANTS…
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23 – 232 LynwoodStart from $ 199,000
Lynwood Dental Practice Sale Closed Escrow 06 23 2023! CORNER LOCATION! MOSTLY PPO! LOW…
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23 – 236 Sherman OaksStart from $ 139,000
Sherman Oaks Dental Office Sale Closed Escrow 07 18 2023! BEAUTIFUL VIEWS & OFFICE!…
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23 – 288 ClaremontStart from $ 260,000
Claremont Dental Office Sale Closed Escrow 06 16 2023! ALL PPO! GREAT RENT AND…
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.