We frequently receive phone calls from dentists seeking assistance in purchasing their dental practices. We have put together the follow series of videos to outline the process. Send your questions to Tim Lott, CPA, CVA at tlott@dentalcpas.com For more information or to sign up for our newsletter, please contact info@dentalcpas.com Follow us on Twitter, Facebook and Pinterest
Tag: how to buy a dental pratcice
Two Options for Dental Pratice Purchase
I’ve been searching for a practice to purchase for quite some time. I’ve narrowed it down to two options. I’d appreciate some input on these. Option1: 2008 gross 703k overhead is 70 percent 1 full time hygiene, 1 part time(paid 30 and 33 percent of production respectively) staff overhead is 205k hygiene is assisted and…Read More→
Overpaying a Little for a Dental Practice Pays Off in the Long Run – With the Right Advice
I worked with a buyer back in 2005 looking at a small practice doing $540k in collections, appraised by broker at $400k, asking price was $422k (go figure, ask for more than appraised value). I calculated the “range of value” to be between $325k-$360k & suggested that the buyer counter @ $350k. He did and…Read More→