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Sell My Practice

Save Thousands When Hiring Your Dental Associate

At 1st Med Transitions, we understand that Hiring A New Associate on your own can be a difficult and time consuming task. You may be asking yourself... do I have the time to search and sift through applicants? Or, maybe you don't even know where to start.

When you hire with 1st Med Transitions, you are working with a team that combines industry expertise with entrepreneurial innovation. We will listen to your needs and goals, use data and creativity to optimize the search for a new associate.

Benefit #1  Direct Industry Knowledge

Whether it's for transitions, valuations or financing requests, our advisors are continuosly working with practice owners in your industry. In order to attract a good associate, you need to know the marketplace and the type of opportunities they are looking for. Your Associate Placement Advisor will work with you to deterimine and structure the right job offering.

Benefit #2 Exisiting & New Contact Database

Our unique digital marketing platform has allowed 1st Med Transitions to build a growing database of industry professionals looking to join successful and growing practices just like yours. All of our assocaites candidates have been pre-screened and assessed to determine their qualifications to join a practice.

STEP #3 Contract Negotiations

Although we have compiled a growing database of potential candidates, our allegiance lies with the practice owner and we will always work to negotiate terms that are satisfactory to our clients.

STEP #4 Review Offers

One of the most overlooked part of the Dental Practice Sales process is the sales negotiation. Every contact between buyer, seller and broker, from initial discussion to closing, is an opportunity to lay the groundwork for future negotiations. One single event does not typically lead to the successful sale of your dental practice. It is a combination of the presentation, offering memo, timely communications and direct industry knowledge that lead to a win-win negotiation.

STEP #5 Due Diligence

We've accepted an offer, but our work is not done. The difference between a closed transaction and a failed one, can many times comes down to the attention to details. We will work with the buyer on reviewing the books, practice reports, securing financing (if needed) and sales contract negotiations.

STEP #6 Closing

There are a number of aspects that lead to a successful closing - deal structure, non-competes, escrow, representations and warranties and transitions agreements. We stay on top of every step in the process from the marketing, letter of intent, due-diligence to the purchase & sale agreement and ultimately closing.

STEP #7 Transition

The sale is finally closed, but our job is not yet complete. Perhaps one of the most important, but often overlooked parts of the sales process is the Post Close Transition Period. There are many factors to consider, including credentialing, procedures and systems training, employee management, insurance transfer, etc. Our Transition Advisors make sure both parties are comfortable with the plan and are always available to help execute it.

If you are considering Hiring Your Dental Associate, or just want to get a sense of what your practice would get on the market, we would love to discuss further.

To get started, complete our Dental Practice Sales Consultation Form Here and one of our experienced practice transition advisors will contact you within 24 hours.

Why Hire With 1st Med?
  • Save With Low Fees
  • Non-Exclusive Engagement
  • Direct Industry Knowledge
  • Sample Associate Contracts
  • Growing National Associate List

Have Questions?

Our Transition Advisors are happy to answer any and all of your questions.

Michael S. Furlong

Senior Transition Advisor


(800) 815-0590
All Discussions Are 100% Confidential


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29 +

years of industry experience

255

satisfied clients and counting

$223 Million

in closed practice transactions

What Our Seller's Have To Say

  • Dr. Brian Glover, DDS

    sold his practice in Raleigh, NC

    "I can honestly say that I have zero regrets.

    I can’t imagine why anyone would go with one of the large ‘Old School’ brokers that wanted to charge me twice as 1st Med Transitions."

  • Dr. Najib Adi, DMD

    sold his practice in Gainesville, VA

    "The professionalism, patience and tolerance David demonstrated... was remarkable.

    His commitment to our practice well-being and our professional future well-being was truly unmatched"

  • Dr. Martha Murphy, DDS

    sold her practice in Gaithersburg, MD

    "Mike is proof that you don't need a broker who lives in your immediate area. I would highly recommend him and 1st Med Transitions."

  • Dr. Ricardo Guillen, DDS

    sold his practice in Portland, TX

    "I am very grateful to 1st Med Transitions and, especially, to Mr. David Goldstein for the relentless effort he dedicated in selling my dental practice in a very short amount of time."

  • Dr. Sonia Smith, DDS

    sold her practice in Fort Worth, TX

    "Being my first time selling a dental practice... I'm so glad I chose 1st Med Transitions and would recommend them to anyone who wants to sell their practice"

Our Listing Process Is Simple

GET STARTED
  • 1

    Initial Consultation

    Complete our Sales Consultation Form Here and one of our transition advisors will contact you to discuss your sales goals.

  • 2

    Practice Review & Valuation

    Your Transition Advisor will listen to and discuss your specific professional and sales goals and review the financial and clinical aspects of your practice. With your input, we will determine a reasonable market value and listing price for your practice.

  • 3

    Market Your Listing

    We will market your practice for sale through our multiple marketing channels to reach the maximum potential buyers and generate as much interest as possible!

Why Sell With 1st Med?

1st Med can assist in all of your dental practice sales needs. Let our transaction experience, extensive network of healthcare resources and clear commitment to personalized client service go to work for you.

Questions?

Ask an expert?

To speak with a Transition Advisor Call Us: (800) 815-0590 or

Click Here To Get Started