Southeast Transitions is now US Dental Transitions
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Buying a Dental Practice

Buying a dental practice is probably one of the biggest decisions you will ever make in your career. Whether you’re a recent dental school graduate looking to establish your career or a seasoned dentist with dreams of relocating, it’s important to have an experienced dental practice broker by your side as you navigate through the process. U.S. Dental Transitions will help you find the right dental practice that’s in line with your goals and values.


Our approach at U.S. Dental Transitions is to match the philosophies of both the buyer and seller so that both parties are satisfied at the end of the dental practice transition. Finding your perfect fit is our mission.


Choosing the Right Dental Practice to Buy

There’s more to buying a dental practice than finding a retiring dentist and making an offer. You first need to understand why you want to buy a dental practice, what risks you’re willing to take, and what rewards you want to reap from the business.


Before you start looking at practices to buy, you’ll need to consider the complex facets of a dental transition, including legal documentation, financing, and how you’ll keep current patients and staff members happy after the transition process.


The following are some of the most common factors we assist purchasers in understanding so they can create a specific target practice profile so we can ensure a perfect fit:


Area Demographics

Is this practice in an urban, suburban, or rural environment? Location could influence both future revenue streams and access to specific amenities you may require. This is particularly important if you have a specific lifestyle you wish to lead.


Cash Flow

Businesses come in all shapes and sizes. If you have specific ideas about how much gross or net revenue you’d like the practice to be at before you buy, paying attention to current and future revenue streams will influence your purchasing decision.


Business Model

There are several business models for dental practices, and they all have their pros and cons. Some practices are Fee for Service only, others mix FFS with PPOs and HMOs, and others rely on Medicaid for new patients and cash flow. It’s important that you understand these various business models and choose wisely.


Dentistry Philosophy

There are many schools of thought and specializations in dentistry. It’s a practical choice to buy a practice that is already operating under the philosophy you subscribe to. This makes change in ownership easier on everyone — including your new patients.


Transition Process

Determining the change of control, or transition, is critical for a successful dental practice purchase. That’s why U.S. Dental Transitions works to ensure there’s a good fit between the selling dentist and the buying dentist. After you purchase the practice, how will you want to assume control? Sometimes, the selling doctor will stay on staff, working for the buying doctor for a period of time. There are other instances where the selling doctor walks away once the transaction is complete. Each has benefits and drawbacks.


Price

Price is a major consideration when it comes to how much financing you qualify for. The criteria above will be what drives the decision based on the goals for your practice. Price should be used to screen out dental practices that may have otherwise been a fit if you cannot qualify for the required financing.


We have some excellent dental practices for sale right now. Visit our Dental Practice Listings page. If you do not see a practice that meets your specific needs, contact us and we’ll discuss finding a practice that is right for you.


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  • Start Here
  • Buyer Contacts USDT
  • After Non-Disclosure
  • Communicating with the Buyer
  • Bank Pre-Qualification
  • Location Tour & Buyer/Seller
    Introduction
  • Closing & Transitioning

USDT ROADMAP
TO SUCCESS

Our Story

After practicing dentistry for 25-years, Dr. Bill Adams founded Southeast Transitions almost 20-years ago to help his fellow dentists transition their practices to other dentists who share similar values and philosophies. The company has grown from a regional company to a national company, and we’re now US Dental Transitions. We’ve consulted with over 6,000 dentists and we’re seeing the best seller’s market in years.

Buyer Contacts USDT

When the buyer contacts US Dental Transitions to request practice information, the buyer must sign a non-disclosure. Confidentiality is a key value of US Dental Transitions. The non-disclosure allows the Transition Advisor to understand what the buyer is looking for and it includes background information about the buyer to share with the seller. Information may include schools attended, degrees held, etc.

After Non-disclosure

After the non-disclosure is returned, the administrative staff at US Dental Transitions will send the buyer the initial practice information, along with contact information for the Transition Advisor for that specific practice listing.

Communicating with the Buyer

Although US Dental Transitions does not charge the buyer to purchase a practice, we do require an open line of communication. Even if a practice opportunity does not fit your needs or desires, communication will allow us to understand exactly what you are looking for.

Bank Pre-Qualification

Every buyer must be pre-qualified with a bank prior to meeting with a seller. Pre-qualification is an informal process – the bank believes the buyer is credit worthy. Pre-qualification is not a formal bank approval.

Location Tour & Buyer/Seller
Introduction

The buyer will tour the office and discuss practice philosophy with the seller. If the buyer is interested, a Letter of Intent (LOI) is created and presented to the seller. Included in the LOI is the closing date. If the LOI is accepted, the buyer’s due diligence period begins. Simultaneously, there is a contract term agreement, formal bank approval, and other steps to close the sale.

Closing & Transitioning

Every practice transition is different, so your Transition Advisor will work with you to make recommendations based on your specific transition. Your Advisor will guide you through this process with suggestions on how to build relationships with staff and patients.

Learn what steps you should take to prepare for buying a dental practice!
Check out our dental practice buyer’s checklist!

View Buyers Checklist
  View Dental Practices For Sale
Looking to Sell Your Practice?  

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