Seller Frequently Asked Questions
ADS South wants to ensure you're prepared to the fullest extent before deciding on selling your practice. We've answered a few common questions sellers frequently ask. If you have a question that isn't found in this list, please click the "Ask a Question" button and ask away.
How long will it take to sell my practice from the time I list?
I have read that dental practices are worth 70% of their gross receipts averaged over the past three years. Is that true?
When ADS South lists my practice for sale, how will it be marketed?
Will my patients accept a new dentist?
Will I have to carry a note in the sale of my practice?
How can I make my practice more valuable?
The old adage, "Location, location, location" does have an impact on a sale/transition. In a good area, the transaction can happen in as few as 6-12 weeks from the time the valuation is completed. In a rural or an area in less demand it can typically take longer. In that type of situation it is realistic to assume it could be 2-5 years---if indeed it does sell. However, the length of time depends not only on the practice location but also on many other variables.
While three years of financial information is important to determine the value of an office, rules of thumbs are simplistic and don't usually provide the correct value. To find out the true value of a dental office an expert in transitions should be consulted to conduct an evaluation or full appraisal on the practice.
In addition to the ADS South website, ADS South has an exclusive relationship with Dental Economics which publishes all listings on a monthly basis. Additionally, many brokers through the network publish and distributed newsletters to dentists.
Your patients will accept a new doctor if the introduction and transition are handled the right way. Your endorsement, coupled with staff acceptance and enthusiasm, is the key.
In nearly all cases it is possible for the buyer to secure 100% financing so you will be paid in cash at closing.
We utilize four different methods which we weigh and average in order to determine fair market value.
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Testimonial from a Satistfied Dentist
"One year out of dental school, I wasn't sure if I was ready or capable of owning my own dental practice. With his honesty and sincerity, Dr. Douglas not only convinced me that I could operate my own practice, but also found the perfect practice for me. Dr. Douglas secured me a lender and guided me smoothly through the acquisition. All I had to do was sign the papers and begin caring for patients. Now, I am a 28 year old dentist with a million dollar practice."
Jake Henderson, DDS
Seller Frequently Asked Questions
ADS South wants to ensure you're prepared to the fullest extent before deciding on selling your practice. We've answered a few common questions sellers frequently ask. If you have a question that isn't found in this list, please click the "Ask a Question" button and ask away.
How long will it take to sell my practice from the time I list?
I have read that dental practices are worth 70% of their gross receipts averaged over the past three years. Is that true?
When ADS South lists my practice for sale, how will it be marketed?
Will my patients accept a new dentist?
Will I have to carry a note in the sale of my practice?
How can I make my practice more valuable?
The old adage, "Location, location, location" does have an impact on a sale/transition. In a good area, the transaction can happen in as few as 6-12 weeks from the time the valuation is completed. In a rural or an area in less demand it can typically take longer. In that type of situation it is realistic to assume it could be 2-5 years---if indeed it does sell. However, the length of time depends not only on the practice location but also on many other variables.
While three years of financial information is important to determine the value of an office, rules of thumbs are simplistic and don't usually provide the correct value. To find out the true value of a dental office an expert in transitions should be consulted to conduct an evaluation or full appraisal on the practice.
In addition to the ADS South website, ADS South has an exclusive relationship with Dental Economics which publishes all listings on a monthly basis. Additionally, many brokers through the network publish and distributed newsletters to dentists.
Your patients will accept a new doctor if the introduction and transition are handled the right way. Your endorsement, coupled with staff acceptance and enthusiasm, is the key.
In nearly all cases it is possible for the buyer to secure 100% financing so you will be paid in cash at closing.
We utilize four different methods which we weigh and average in order to determine fair market value.
ADS South
Testimonial from a Satistfied Dentist
"Dr. Howard,
I can’t thank you enough for your help in the sale of my practice.
Everything went smoothly.
Chris Nunally, the attorney you referred me to, is brilliant.
He made everything easy and gave me great advice.
It will be very easy to recommend both you and Mr. Nunnally to anyone who wants to sell their practice.
Thanks for all your prayers!"
Larry Hemby, DDS