Our expert dental advisors and are best placed to guide you through the process of selling your dental practice. We understand that when it comes to selling your practice is one of the biggest decisions of your working life. Whether you are selling to a single practice or a group you can rest assured that ProPractices possess the experience and expertise required to guide you through the sale and ultimately obtain the best price and terms for you.
Typically the sale process will involve the following stages:
- Independent Valuation
- Prepare sales and marketing pack
- Targeted marketing phase
- Due diligence of potential ‘finance ready’ buyers
- Negotiation phase
- Sale facilitation through to legal contracts
In terms of timescales preparation is important as is the efficient management of the process and its component parts, namely, the Seller, the buyer, bankers, solicitors etc. The role of ProPractices is to manage the aforementioned process and maintain momentum. A general and realistic guide is between 3-6 months, it can be longer and, in a few cases, shorter.