I’ve joined an established practice as an associate and we are discussing when to place a value on the practice. I was under the impression we’d take the value of practice now, but his attorney is suggesting December of 2011. We are both looking for what is fair and customary. What are your thoughts? And…Read More→
Tag: dental practice purchase price
Dental Practice Purchase Offer.
I have been negotiating with a local dentist for a couple of months and recently, we came to what I feel to be very fair terms for an associateship opportunity with a delayed sale. Associate for 2 years, paid 40% of production. I pay my own lab fees. CE $$ as well. After 2 years,…Read More→
Dental Practice Purchase Question
Gross average: 1.5 million Net: a little over 800k Patient active 12 months: 1800 NP/month: approximately 12 Building owned and for sale separately 8 chair practice 95% C&B, Implant and removable FFS+ Delta premier only Hygiene only generates 280k/year. I believe 8 hygiene days. Very little soft tissue management. Dentist takes a month off a…Read More→
Is $650,000 a Good Price for a Dental Practice?
We have come across a 6-year established office in a shopping strip whose GD and Endodontist are relocating to a professional medical building by the end of this year. They want to sell the current location for $650,000. For the price, all we are getting is the location and the equipment/fixtures. They are taking the…Read More→