BUYING A DENTAL PRACTICE:
OWN YOUR NEXT CHAPTER
Buying a dental practice is one of the biggest financial decisions you will make and a proactive step in maximizing your career. With a lot at stake and a range of emotions on the line, it’s important to be aware of the various pieces that go into this process.
BUYER CONSULTING OPTIONS FOR YOUR UNIQUE NEEDS
Buying a dental practice is an intricate process, comprised of several pieces and variables that make each situation unique. Whether you’re purchasing your first practice, buying into a partnership, or growing a multi-location business, we can meet you where you are and provide guidance for a smooth and confident transition.
Our buyer consulting service provides the following:
- Facilitation and guidance of the process from the letter of intent through close.
- Full financial review of the practice opportunity that focuses on the past three years. The analysis gives you insight into the practice’s cash flow and financial performance, and it also provides an estimate of the market price.
- Guidance and support during the legal process, including participation in legal calls, to ensure business terms remained aligned from offer to formal documentation.
- Introductions to lenders and navigation of lending requirements.
- Guidance through the operational aspects of a transition, including patient/referral notification and clinical due diligence.
COMPLIMENTARY RESOURCE:
BUYERS CHECKLIST
The idea of ownership can feel both overwhelming and exciting. To prepare for the journey of buying a dental practice, our complimentary Buyers Checklist can be your starting off point. This tool helps you identify 95 things to consider when assessing a purchase opportunity.
GAIN AN UNDERSTANDING OF WHAT YOU CAN AFFORD
Getting prequalified for lending can help give you a good idea of your borrowing capacity for a practice, provide you with leverage over non-qualified buyers and speed up the negotiation and sales process.
NDP partners with the top lenders in the dental industry and can help you navigate your lending options to get the prequalification process started. Fill out the form through the link below, and we’ll reach out, learn about your unique situation and connect you with a dental-specific lender regardless of where you are in the transition process.
YOUR PRACTICE OPPORTUNITY
Ensure you find not just a practice, but the right practice for you.
YOUR ADVOCATE THROUGH
THE PURCHASE PROCESS
NDP ensures you have confidence to tackle every aspect of buying a dental practice. We work in your corner, providing the education and detailed consulting needed to successfully close on your ideal practice.
