If 2019 is your year to sell your dental practice, do you know what it’s worth? Do you know how much cash you’ll have in hand for your decade’s old business? Is it going to be enough to see you through your Golden Years? If you haven’t a clue, it’s time to talk to a good dental broker.
A good dental broker helps you understand what your practice is worth, which is first and foremost the most important question you should be asking yourself. That and why someone would be interested in buying your dental practice in the first place.
A Dental Broker that Knows the Ropes
Knowing the ropes is essential. A good dental broker understands the practice and the business of dentistry. If you are on the hunt for a dental brokerage firm look for one that knows the ins and outs of dentistry.
Because the team from Blatchford Transitions are practicing dentists with more than thirty years of dental coaching experience, 3,000 dentists have increased their profitability helping the net worth of the dental practice three fold.
Blatchford Transitions has been in the business and the practice of dentistry for long enough to know the marketplace. If you practice in an area that has an overabundance of dental practices for sale, do your research. Find out what the competition is highlighting and what will make your dental practice stand out from the rest.
A Good Dental Broker Knows What Will Sell
Generally, most dental practices are worth 1.5 to two times the net income. Net meaning means salaries, general overhead, taxes, and debt amortizations. If your net income is barely making it, a good dental broker can help you tailor your practice to make it more profitable for the sale.
Ask Blatchford Transitions about coaching your way to a successful dental practice sale. As selling experts, Dr. Bill and Dr. Christina Blatchford and the entire team from Blatchford Transitions have overseen hundreds of dental practice sales.
Working to get you top dollar for your dental practice, Blatchford Transitions prides itself on following up with the buyer offering dental management practice systems from dedicated and experienced dental coaches. You will not find this service with other dental brokerage firms.
You Need a Dental Broker if You Are:
- Ready to sell your practice
- Know that the time is right to sell your dental practice
- Ready to quit practicing dentistry or practice fewer days without ownership
- Have plans for retirement
- Financially able to support the sale
- Understand the true value of your dental practice
If a change is in your future, call and talk to the team from Blatchford Transitions. You will have a smoother transition and be ready, willing, and able for the next chapter in your life.