Dental Practice Transition Consultants

To many patients, a tooth filling seems like a quick, easy, and uncomplicated process, but dentists know it’s not so simple. The process of selling and transitioning a dental practice is much the same — it’s more complicated than it looks to the untrained eye. That’s why USDT is here to help you navigate the process.

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Advantages of Working With a Dental Transition Company

If you’re ready to sell your dental practice, don’t do it alone! You need an experienced dental practice transition consultant on your side to help navigate this important and life changing decision. Dentists are experts at providing outstanding dental care, while dental practice brokers are experts at selling and transitioning practices. The following are just a few advantages of having a dental transition company help you through the selling process.

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Dental Transition Consultants Protect Your Privacy

It’s important that your patients and staff learn about the sale of your practice from you, and not through rumors or the idle chatter of an interested buyer. Dental practice transition consultants protect your identity and ensure your privacy through anonymous listings that don’t give away the name of your practice or its exact location.

This confidentiality ensures your staff is not needlessly worried and that you don’t risk losing patients. By working with a broker, any potential buyer must first sign a non-disclosure agreement that enables them to view anonymous volumes of financial information relating to your practice without disclosing your identity.

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Accurate Appraisals Garner the Greatest Value for Your Practice

A dental practice appraisal evaluates what a practice is worth based on several sets of criteria, which helps determine the best asking price for selling the dental practice. A dental transition company looks 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 gives dentists the greatest value for their practice. Doing so allows dentists to establish realistic goals and expectations for selling their practice. Without a practice appraisal, selling is a frustrating experience for both the buyer and seller due to setting unattainable goals.

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Extensive Market Knowledge for a Faster Sale

Once a dentist has made the decision to sell a practice, they don’t want to see it languish on the market for an excessive amount of time. Dental practice transition consultants know the ins and outs of the market, including what it takes to sell the practice at the best possible price.

They will prequalify all prospective buyers, eliminating tire-kickers who aren’t serious about or capable of making a purchase. Sifting through potential buyers to identify the most qualified prospects saves you time and helps you get the best price for selling your practice. When it’s time to close the deal, dental brokers ensure the sale closes on time at the agreed-upon price, and sees to it that both parties are satisfied with the exchange.

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Dental Transition Companies Guide the Selling Process

Just like a realtor streamlines the progression of selling a home, dental practice transition companies help make selling your dental practice an efficient process. There are difficult but critical items of sale to navigate before signing, including allocation of purchased assets, division of hygiene production, accounts receivables, and the post-sale provider agreements. Once negotiations begin, the dental transition company guides both parties through the process to ensure everything goes smoothly.

From a legal aspect, dental transition consultants help both parties avoid lawsuits by advising language that should be included or avoided in contracts, offsetting the risk of costly disputes. They’ll also support your accountant and attorney with suggestions on how to structure the best tax-advantaged sales, which helps with tax liability.

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Experience the US Dental Transitions Difference

The experienced dental transition advisors at US Dental Transitions are both business consultants and dentists, giving you access to unparalleled industry and market insights. We combine our first-hand awareness of the dental profession with keen business savvy to bring expertise on all aspects of a practice sale.

US Dental Transitions specializes in working alongside both buyers and sellers to preserve the unique culture and philosophy of each individual dental practice. This ensures the smoothest possible transition from the seller to the buyer, where both parties are satisfied by the sale. If you’re ready to pass on your legacy to the next generation, get in touch with the team at US Dental Transitions today.

Why Choose USDT to Help Guide Your Transition?

  • Founded by a dentist who practiced for over 25 years
  • 20+ years of experience in dental transitions
  • We align buyers who share similar values and philosophies
  • Over 600 successful dental office transitions brokered
  • USDT only represents sellers and never charges buyers
  • Data-driven market analysis to maximize sale value
  • Highly reliable proprietary practice valuation software

Why US Dental Transitions

Why US Dental Transitions

How USDT Delivers Results for your sale & transition

  1. Market your practice to a pool of qualified buyers
  2. Qualify prospective buyers
  3. Show your practice only to qualified candidates
  4. Manage the purchase offer process
  5. Negotiate the terms and conditions of the sale on your behalf (price, AR, change of control, work-back period, etc.)
  6. Facilitate the closing
  7. Deliver your check
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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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