Specialty Dental Practice

Date:
February 09, 2018
Practice Type:
Dental Practice
Scenario:
The seller of a this General Dentistry practice in Rockville, MD contacted 1st Med Transitions looking to sell her practice.

The practice was only started up 3+ years ago, but experienced nice growth year over year.

The question was how to accurately price this practice. Due to the year over year growth, it was tough to value the practice solely of tax returns. We determined that a trailing 12-month financial statement would better reflect the true value of the practice.

After creating a marketing buzz and reviewing the practice with over 30 potential buyers, we were able to find the perfect fit.

- Practice Listed for $575K - Practice Sold for $535K - Close Date: 2/9/2018

Contact one of our experienced Transition Advisors at (800) 815-0590.