Sell a Dental Practice in Alabama

For over two decades, the dental practice brokers at US Dental Transitions have consulted over 6,000 dentists, building a reputation as one of the most successful dental transition companies in Alabama and throughout the country.

Sell Your Alabama Dental Practice with USDT

Our number one priority at US Dental Transitions is to make sure you achieve your goals for the sale of your practice with the least amount of risk. The process of selling a dental practice is no easy task, which is why we are here to help guide you through the process. If you’re considering selling your Alabama dental practice, our team has over two decades of experience and can help you maximize your value with less time spent on the overall process.

Key Considerations Before Selling Your Alabama Dental Practice

Before you sell your Alabama dental practice, you should spend some time considering your retirement goals and other factors that may affect the way you wish to approach the sale. Below are some questions that might help to initiate the conversation between you and your significant other on whether selling your practice is the best approach for you.

At USDT, we always recommend having an open discussion with your family since they will also be affected by the sale of your practice. As always, if you have any questions, our dental transition specialists are happy to help you.

 

  • Retirement FundedIs Your Retirement Funded?
  • Health & DesireHow is Your Health & Desire to Work?
  • Goals for the SaleWhat are Your Goals for the Sale?
  • Plans After Selling?What are Your Plans After Selling?

Preparing to Sell Your Alabama Dental Practice

Before selling your Alabama dental practice, there are a few factors to consider that will affect your practice appraisal or valuation. Having a better understanding of these factors will help USDT package and market your practice when it comes time to sell. We know you want a smooth transition for your patients and staff. You can depend on our transition advisors to help you understand these areas of focus and how they will affect your sale.

  • Productivity TrendPractice Productivity Trend
  • NearbyNumber of Dental Offices Nearby
  • TransferabilityTransferability
  • Years in PracticeYears in Practice in the Area/Location

Getting an Appraisal for your Dental Practice

If you’re ready to sell, you need a qualified dental practice seller to help you through the process. Our team specializes in selling and transitioning practices and has a thorough understanding of the appraisal process. They will look at the practice’s cash flow, marketability, equipment, transferability of staff and patients, and other factors to determine its current market value. An accurate appraisal eliminates the guesswork of establishing an asking price and gets dentists the greatest value for their practice.

USDT Advises Dentists All Across Alabama

USDT helps dentists sell their practices all across the state of Alabama, including:

  • Birmingham
  • Montgomery
  • Huntsville
  • Mobile
  • Tuscaloosa
  • Hoover
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
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  • Start Here
  • Seller Contacts USDT
  • On-site Visit
  • Valuation Process
  • Co-Author & Advertising
  • NDA for Potential Buyer
  • Location Tour & Buyer/Seller
    Introduction
  • Closing & Transitioning

USDT ROADMAP
TO SUCCESS

Guiding Your Transition

Selling your dental practice is a life-changing, emotional event, and the process isn't as simple as posting a "For Sale" sign. The experts at USDT have 20+ years of experience guiding dentists through the complexities of selling their practices. Learn about our process.

Seller Contacts USDT

Initial information is gathered from the seller so we know which Transition Advisor to assign. The Advisor schedules a 30-minute consultation to discuss market conditions, what the doctor can expect the value of their practice to be, and what to expect after the sale. We will send the doctor a valuation packet and a sample listing agreement. This will prepare the doctor for the on-site visit.

On-site Visit

The on-site visit allows the doctor and the Transition Advisor an opportunity to meet so that the Advisor can tour the office, take photos of the practice, answer any questions the doctor may have, and discuss and review the practice valuation packet. This is an important time for the doctor to explain their treatment and practice philosophy, as well as staff management.

Valuation Process

US Dental Transitions requires a signed listing agreement and a completed Practice Valuation Data Packet, 3 years of Tax Returns, and Production by Procedure Code reports. Once we receive this information, it will take approximately 10 days to complete the core components of the practice valuation.

Co-author & Advertising

Your Transition Advisor will draft the advertisement and you will approve the ad prior to it being published. Ads are published on approximately 10 sites/journals. In addition, we will contact doctors who have previously requested information for the area via email, phone calls, and other marketing efforts. We have a database of over 100,000 dentists and we have the ability to contact 5,000 dentists at one time.

NDA for Potential Buyer

All buyers are required to sign a non-disclosure agreement prior to seeing any practice data. Buyers need bank pre-approval prior to meeting the seller.

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. 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 situation. 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 selling a dental practice!
Check out our dental practice sellers’ checklist!

View Sellers Checklist
  View Dental Practices For Sale
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