Sell a Dental Practice in South Carolina

For over 20 years, the dental transition advisors at US Dental Transitions have consulted over 6,000 dentists, building a reputation as one of the most successful dental practice brokers in South Carolina and throughout the country.

Sell Your South Carolina Dental Practice with USDT

For dentists based in South Carolina, selling a dental practice can be an overwhelming and daunting task, but we are here to help. US Dental Transitions is a team of skilled professionals who can help guide you through the process so you are able to keep risks low and achieve your desired goals. Our dental transition advisors offer over 23 years of experience and have brokered more than 600 successful dental transitions.

Key Considerations Before Selling Your South Carolina Dental Practice

Before selling your South Carolina dental practice, there are a few key factors to consider. First, we recommend sitting down and thinking about your goals as well as discussing those goals with your family. Ask yourself the questions below to see if you’re really ready to sell your dental practice. If you’re struggling, you can always reach out to our dental practice sales professionals who can answer any questions you may have and start a dialogue to help you better understand your desires and goals.

  • 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 South Carolina Dental Practice

We know you want to ensure a smooth transition for your practice, your staff, and your patients, so it’s best to start working with our dental transition advisors sooner rather than later. Our team will work closely with you to determine your goals for the sale and the best way to market your South Carolina practice.

Get a South Carolina Dental Practice Appraisal

Conducting dental practice valuations in South Carolina are based on several components:

  • Practice Productivity: What are past and present practice figures, and how marketable is your practice?
  • Area Desirability: How many dental practices are nearby, and is this a high-growth area?
  • Transferability: How easily can staff and patients be transferred to new ownership?
  • Years in Practice in the Area: How long has your practice been open and what sort of reputation does it have?
  • Equipment: How old is the dental equipment at your practice?

The experienced dental practice sales experts at US Dental Transitions use highly reliable practice valuation software to appraise your dental practice. Our transition advisors can guide you through each of these components so you have a better understanding of your valuation and how you can improve your practice so we can help meet your financial goals.

USDT Advises Dentists Across South Carolina

US Dental Transitions can advise dentists throughout South Carolina, including these metropolitan areas:

  • Charleston
  • Columbia
  • Greenville
  • Myrtle Beach
  • Spartanburg
  • Hilton Head Island
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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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