Sell a Dental Practice in Florida

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 Florida and throughout the country.

Sell Your Florida Dental Practice with USDT Guiding the Transition

With over two decades of experience, our dental transition brokers understand how life-changing selling your Florida dental practice can be. That’s why we go out of our way to make sure this transition is simple and straightforward for you. We want you to be able to continue doing what you do best, practicing dentistry, while we do the heavy lifting to ensure your goals are met.

Key Considerations Before Selling Your Florida Dental Practice

Before you sell your dental practice, you should ask yourself the questions below to help provide clarity on why you want to sell and what your goals are. Since this decision affects both you and your family, we recommend that your significant other is an integral part of the decision process. If you are having trouble answering these questions, our dental transition advisors can help facilitate the conversation.

  • 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 Florida Dental Practice

A fair amount of planning goes into selling a dental practice and there are numerous factors that can hurt or hinder your sale. Before you sell your practice, there are a few things you should take into consideration to help your US Dental Transitions Advisor package and market your practice. Our dental practice brokers will work closely with you to help you with this preparation so you can get the most out of your practice.

Get a Dental Practice Appraisal

A Florida dental practice appraisal or valuation gives you an idea of what your practice is worth and sets you up for an appropriate asking price when you decide to sell. Not all appraisals are created equal, but at US Dental Transitions, we have been providing formal practice valuations since 1998. We use a very reliable proprietary practice valuation software that helps us get the most accurate value for your dental practice.

Advising Dentists Across Florida

Our dental transition sales team help practices all over the state of Florida, including:

  • Jacksonville
  • Miami
  • Tampa
  • Orlando
  • St. Petersburg
  • Tallahassee
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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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