Sell a Texas Dental Practice

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

Sell Your Texas Dental Practice with USDT

Selling your Texas dental practice isn’t as simple as putting up a “For Sale” sign. It requires the help of skilled professionals to ensure you get the value your practice is worth. There are many steps and considerations that go into selling your practice, and US Dental Transitions can help guide you through this process. We know how stressful selling your dental practice can be, so we’ll work closely with you to ensure that your sale goes smoothly.

Key Considerations Before Selling Your Texas Dental Practice

When you start thinking about selling your dental practice in Texas, there are a number of factors you should take into consideration. First of all, you should discuss your decision with your family since choosing to sell your practice will affect them, too. However, this discussion should stay between you and your family. You don’t want word getting out that you plan to retire only to have your patients and staff leave your office and make it more difficult to sell.

Below are some additional factors you should consider and discuss with your family. If you’re having a difficult time starting this conversation, the dental transition sales consultants at US Dental Transitions can help facilitate that discussion.

  • 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 Texas Dental Practice

One of our goals is to help you market and package your Texas dental practice so you are able to maximize your sale value. In order for us to help you with that, there are several considerations you should make about your practice. Below are the areas that our dental transition advisors will work closely with you on so that you are ready to sell your practice at the right time.

Get a Dental Practice Appraisal in Texas

Your Texas dental practice appraisal should be performed by an experienced dental transition consultant. Our dental transition brokers use data-driven market analysis and proprietary valuation software to maximize sale value. Below are some of the considerations we factor into your dental practice appraisal:

  • 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 All Across Texas

The US Dental Transitions team advises dentists all across the US and Texas, including:

  • Houston
  • San Antonio
  • Dallas
  • Fort Worth
  • Austin
  • El Paso
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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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