The professional move to buy a private dental practice is life-changing. The heavy recruiting done by corporate dental facilities shortly before graduation has decreased the number of young dentists seeking private practice. Another barrier is fear that student loan debt will be a challenge if private practice is started too early. In actuality, private practice can lead to paying off debt early for the owner.
Selecting the Right Practice
Success depends on what type of practice is purchased, where the practice is located, and who makes up the existing client base. General practice in a small town, for example, is perfect for a family dentist. This may not be an excellent fit for a cosmetic dentist. Knowing what equipment is included in the practice, average revenues for the past five years, and whether support staff are interested in staying are also determining factors.
A comprehensive data base of all dental offices for sale in California can help a young dentist make decisions regarding which offices to view and which ones to disregard. Narrowing down the possibilities will keep the process from getting overwhelming. If California is not the place desired, the data base also includes practices in Arizona, Nevada, and Utah. Dentists interested in beginning to explore what is available can start at website.
What to Expect
In addition to access to all dental offices for sale in California, buyers and sellers benefit from the fact that the owners and most brokers for the agency are, or were, dentists. For thirty-years the agency has worked with lawyers, accounts, to provide services from the beginning of the process to the closing of the property. Guidance, advise, and answers to questions are offered at each stage.
Dentists who are buying or selling a practice are most likely doing it for the first time. It is reassuring to have experienced professionals who understand how dental offices operate by your side at that crucial time. Compare the credentials and success rates of general commercial real estate agents to these brokers to determine where to go for access to complete services. The decision is an important one.
