Sell a Dental Practice in Tennessee

For over 20 years, 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 Tennessee and throughout the country.

Sell Your Tennessee Dental Practice with USDT

If you’re thinking about selling your Tennessee dental practice, US Dental Transitions can help you navigate the process. In order to achieve your goals with the least possible risk, you’ll need experienced professionals that can counsel you on how to get the most from your practice and connect you with the right buyers. For over two decades, US Dental Transitions has built a reputation as one of the most successful dental transition companies serving Tennessee and the United States.

Key Considerations Before Selling Your Tennessee Dental Practice

We understand that no two dental practices are exactly the same and that you will have unique goals for your sale. Before you sell your Tennessee dental practice, you’ll want to have a clear understanding of what those goals are. When you’re ready, our dental transition sales advisers will help you further this conversation.

  • Retirement FundedIs Your Retirement Funded?
  • Sell Dental Practice TN: Nashville, Knoxville, Memphis & MoreHow is Your Health & Desire to Work?
  • Goals for Selling a Dental Practice in TennesseeWhat are Your Goals for the Sale?
  • Staying Active after Selling your Tennessee Dental PracticeWhat are Your Plans After Selling?

Preparing to Sell Your Tennessee Dental Practice

One of the first steps to selling your Tennessee dental practice is putting together a practice valuation or appraisal. Our Tennessee dental transition brokers will discuss with you the factors that contribute to this valuation and use data-driven market analysis to ensure we maximize sales value.

Get a Dental Practice Appraisal in Tennessee

At US Dental Transitions, we know you want a smooth transition for your patients and staff. We’ll simplify the process of getting an appraisal for your dental practice so you can focus on practicing dentistry while we do the work of selling your business. Tennessee dental practice appraisals are based on several key 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?

USDT Advises Dentists Across Tennessee

US Dental Transitions work with dentists throughout the state of Tennessee, including:

  • Nashville
  • Knoxville
  • Chattanooga
  • Clarkesville
  • Murfreesboro
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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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