Dentistry Practice for Sale – North Orange County

General dentistry practice established for over 30 years. Grossing $200,000 on less than 30 hours/week without significant marketing. Low overhead and very reasonable rent. Occupies 1,200 sq. ft. in a professional building with 3 equipped operatories (expandable to 4), sterilization/lab room, reception area and private office. Located in an accessible, high traffic area with plenty of parking. Payor mix includes FFS, PPO, Medi-Cal, Cash. Loyal patient base: 50% Korean-speaking, 50% English-speaking. Great growth potential by increasing hours to meet demand, limiting outside referrals, and implementing a marketing plan. Seller is open to discussions with motivated buyers for a smooth transition. Dental practice financing available for qualified buyer. Call 562-431-2144 for more information.

What is your Dental Practice Worth?

What is your Practice Worth in Today’s Market?

Determining Fair Market Value for your Practice is the first step in Exit Planning. We understand the factors that drive or diminish the marketability of Dental Practices.

Why start Exit-Planning now?
No matter where you are in your practice life... Start working on your transition plan now! Having a plan in place does not mean slowing down or retiring immediately; It means you will have the choice to do so when you are ready. With that choice comes peace of mind and security, and the best possible return on your most valuable asset.

What services does Transition Consultants provide?
We provide full lifecycle transaction advisory, including:
• Establishing a selling strategy
• Valuing the practice
• Positioning the practice for sale
• Preparing effective marketing programs
• Identifying and targeting qualified buyers
• Obtain financing for the practice
• Negotiating and structuring the transaction
• Prepare draft contractual agreements
• Facilitate closing

What factors affect Valuation?
We conduct a thorough site visit and examine the Practice’s financial and clinical data in the context of numerous factors which affect value:

• Dental specialty
• Buyer supply and demand
• Payor mix
• Regional dynamics
• Reimbursement environment
• Risk-premium

Do You Have an Exit Plan?
Contact us for a Complimentary Market Valuation and Pre-sale Consultation

800-416-2055

Dentistry Practice for Sale - West Los Angeles

General dental practice established for 20+ years in a desirable part of West Los Angeles. Priced to sell at $75,000. 3 operatories, 1 sterilization/lab room, 1 reception area, 1 private office. Located in a professional building in a thriving community. Excellent start-up alternative for new grads or expansion opportunity for established dentists. Great potential for growth through increased hours and marketing. Dental practice financing is available for qualified buyers. For details call 800-416-2055.

Leasing space for a dental practice

An important component in the success of a dental practice is the lease agreement for the office space. Occupancy costs can be one of the largest expenses in a dental practice. More importantly, selection of a good location is critical to patient flow and income. Therefore, dentists should consider the lease of an office location not just as a necessary expense, but as an investment. If the location is poorly chosen or if the terms of the lease are overly slanted in the landlord’s favor, it can affect your finances as well as reduce the ability to transfer or sell the practice. A new dental practice buyer is unlikely to assume a highly unfavorable lease and purchase a challenging or unsuitable location.

Running and growing a dental practice is hard enough, and an above-market lease payment can be a drag on growth. New dentists sometimes fall into the trap of associating high-end, high-cost office space with high earning potential. These are not necessarily associated with one another. Be sure to conduct a feasibility study and formulate a detailed business plan before making the site selection.

Also, with the amount of extensive build out and lease-hold improvements done in a dental office, a dental practice cannot be easily moved. Once the build out has started, consider yourself committed to the location. It is important to remember that the property owner’s broker or attorney likely drafted the lease agreement. You should always seek the advice of your own broker or counsel before engaging in such an agreement. Failing to do your due diligence can be a costly mistake!

Charles Kim is a dental practice broker at Transition Consultants, a practice merger and acquisition firm. Mr. Kim provides transaction advisory and dental practice valuation services to dentists and dental groups nationwide. He can be contacted at 800-416-2055 (x224).

Dental Practice Valuations

Dental practice valuations can be a challenging task with many complexities. A professional valuation company can charge thousands of dollars to determine the fair market value of a practice. Before spending that money, it is important to do your homework and choose an appropriate valuation expert, and to properly understand the benefits and limitations of the valuation report.

Unfortunately, there is no standardized universally accepted formula or “rule of thumb” that a valuation company may use to establish the value of a dental practice. There are many objective factors that should be considered to determine the value, and there are as many subjective factors unique to the dental industry (and to each specialty within the dental industry) that are just as important.

In reality, a valuation of a dental practice is closer to providing a subjective opinion rather than using complex formulas or “industry standards”. Be sure to work with someone that understands the dental industry to develop a reasonable and useful dental practice valuation. This valuation should be discussed in further detail with your financial advisors to prepare for the transition process.

Naturally, the valuation will incorporate much of the financial data to analyze the “numbers” of the dental practice. Perhaps more helpful, will be analysis of the key factors of profitability and growth that are unique to the specific practice being evaluated. Each dental specialty has its own attributes that must be considered, such as different standards for reimbursements, payor mix, percentage of patients by referrals, etc.

Charles Kim is a dental practice broker at Transition Consultants, a practice merger and acquisition firm. Mr. Kim provides transaction advisory and dental practice valuation services to dentists and dental groups nationwide. He can be contacted at 800-416-2055 (x224).

Brief Updates

• We can now be found in the American Academy of Dermatology's Buyers Guide under Dermatology Practice Appraisal and Dermatology Practice Sales.
• We'll be listing a new general dental practice in Pennsylvania. Please check our Dental Practices for Sale section for upcoming details.
• Look for us at trade shows and conferences including the California Dental Association meeting.