Selling a Dental Practice What you Should Know

selling a dental practice

According to Blatchford Transitions, selling your dental practice won’t happen instantly. The process takes months or even years.

selling a dental practice

Dr. Bill Blatchford and Dr. Christina Blatchford have decades of experience in the dental world. As dental practitioners and dental coaches, the two have built a team of strong dental brokers who understand the hard questions that must be answered before the sale. Below are a few more things to consider if you are selling a dental practice.

Be Realistic When Selling a Dental Practice

If you are like most small business owners, you probably have overestimated the value of your dental practice. Especially if you are an older dentist who shares an older demographic with patients. If that is the case, the paper worth and what a buyer is going to pay could be considerably different. Never rely on potential events to fund retirement.

Keep your Facilities and Equipment Current

If you have been staying current and keeping up with continued education and new equipment, you will have a better chance of selling your dental practice. If you are out of touch with new equipment, keep a timeline and add what you need gradually. By making small improvements over time, you will stay current with hard assets.

Selling a Dental Practice Doesn’t Mean it’s Over

If you are selling a dental practice, the incoming dentist may be asked to continue working after the sale, even if it is just part time. Blatchford Transitions explains that this type of sale is common as prospective buyers often worry that patients will leave after the sale. If you are selling your dental practice, it may take some time to get used to this type of arrangement.

If you are selling a dental practice, call or click and schedule a no obligation consultation with Blatchford Transitions. Having a dental brokerage firm on your team could make the entire process much quicker.

Call or click for an appointment with Blatchford Transitions today.

About the Author

Drs. Bill & Christina Blatchford

Dr. Bill Blatchford and his daughter, Dr. Christina Blatchford are the strongest voices in dentistry today for profitability. They are the private practice dentist’s advocate for net return, more time away and increased enjoyment. Bill graduated Loyola in 1970 and practiced for twenty years in Corvallis, OR. Christina graduated OHSU in 2009 and practices in Milwaukie, OR. In their Custom Coaching Program, both Drs. Blatchford have helped thousands of Doctors develop leadership skills and practice success by working personally with Doctor, spouse and team to achieve their dream practice. In addition, they have published four books, including Bringing Your ‘A’ Game 2.0 and No Nonsense Transitions.