Selling A DSO or Group Practice

Sell My DSO/Group Practice

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Selling A DSO or Group Dental Practice

Are You Looking To Sell Your DSO or Group Dental Practice?

At 1st Med Transitions, we understand that Selling A DSO or Group Dental Practice on your own can be a difficult and time consuming task. Are you asking yourself... Is now the time to sell my DSO or Group Dental Practice? Whether you are ready to sell or just starting to entertain the idea, our transition advisors are happy to discuss your options.

We know that you have invested years of hard work and sweat equity into building your DSO / Group Practice. When it comes time to sell, you want to have the right team in place to support you every step of the way. At 1st Med Transitions, we have the deep industry knowledge and direct contacts with both corporate and independent buyers of DSO and Group Dental Practices needed to bring your practice to market.

Step 1: Determining the selling criteria

This is the first and most important step in the process. We will discus your goals, objectives and timeline for sale. We will asses your current situation and provide you with our opinion of value for your DSO or Group Dental Practice.

Step 2: Building The perfect offering memo

The Practice Offering Memo is the primary document we use to develop buyer's interest. More important than just detailed financial numbers, the Offering Memo focuses on the intangible factors of the practice such as Market Trends, Staff Strengths, Patient Base, Production & Collection Sources and many more items that justify the value of the practice.

Step 3: Marketing the practice

Our goal is to maximize the pool of buyers who have a chance to review your DSO / Group Practice. The more competition and interest we can generate, the higher the potential for a successful sale. We accomplish this by utilyzing our extensive Marketing Verticals including our Industry Contats, Paid Search, SEO, Email, Social Media, Industry Web sites & Forums, Direct Mail to Home and our always growing database of Corporate and Independent buyers.

Step 4: Negotiating the sale

One of the most overlooked part of the 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 a successful transition process. One single event does not typically lead to the successful sale of your DSO / Group Practice. It is a combination of the presentation, offering memo, timely communications and direct industry knowledge that lead to a win-win transition.

Step 5 : Closing the sale!

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 6 : post close 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 Clost Transition Period. There are many factors to consider, indcluding credentialing, procedures and systems training, employee management, insurance transfer, etc. Our Transition Advisors make sure both parties are comfortbable with the plan and are always available to help execute it.

Our dedicated DSO / Group Practice Transition Advisors are always on-hand and ready to assist. Our goal is for you to achieve your sale faster and more efficiently, all while having someone by your side who you know you can trust.

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

Sell Your DSO or Group Dental Practice With 1st Med


25 Years Of
Industry Experience
145+ Satisfied Clients $115M+ IN Closed
Practice Transactions

Why Sell With 1st Med?


  Direct Industry Knowledge
  Save With 5% Commission
  Free Practice Valuations
  Flexible Listing Agreements
  DSO & Independent Buyers List

Recent Dental Closings

Jun

25

2018

Fort Worth, TX
General Dental Practice

SOLD for $515K! - click for details...
Mar

05

2018

Houston, TX
General Dental Practice

SOLD for $300K! - click for details...
Feb

09

2018

Rockville, MD
Specialty Dental Practice

SOLD for $535K! - CLICK FOR DETAILS...

What Our Clients Have To Say

Selling a dental practice is no easy task, and this was the second time I was doing it within the last three years. I have to tell you that whole experience this time was a hundred times better than last time.

I really appreciate all the hard work you put in and all the hand holding you did when I needed it. If ever any of my peers or colleagues need to buy or sell a practice, you will come highly recommended from me for the wonderful job you have done.

Dr. Namrita Singh, DMD

Your Transition Advisor


Michael S. Furlong
Senior Transition Advisor

Call Me: (800) 815-0590 x 201
Email:
mfurlong@1stmedtransitions.com
 

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