How To Buy A Dental Practice Info

Have the seller stay on for a few weeks to introduce you personally.

Dental practices are considered very safe bets for banks. Most lenders offer 100% financing plus working capital. They will look at: Your credit score. Your production history as an associate. The practice’s debt coverage ratio. 5. Negotiate the Purchase Agreement how to buy a dental practice

Is there room for more chairs or specialty services? 3. Financial Due Diligence Have the seller stay on for a few

This is the "binding" part of the deal. Key elements include: Usually 60%–80% of annual collections. how to buy a dental practice

Reassure the team that their jobs are secure.

Ensure patients actually pay their bills. 4. Secure Financing

You shouldn't do this alone. Specialized advisors ensure you don't overpay or inherit legal headaches. You’ll need: