We just listed another dental practice for sale. This one is in Olympia, WA.
This Olympia practice has 3 operatories with a couple of pulse oximeters, x-rays and more; everything a practice needs. Chairs are older but in good shape. There are “thousands of patients”, but the doctor estimates the active count to be around 2,000. No financials on the practice will be provided by the doctor,...Read More
A couple of years ago, in 2010, banks that financed buyers in a practice transition, tightened their credit requirements. They began requiring dentists to be out of school for at least 2 years, they would only finance up to 80% of the last 12 months’ production or they would require the seller to take a note back for part of the loan. In addition, they would absolutely not finance a new...Read More
With the economy somewhat improving I’ve had an increase in Washington and Oregon from dentists asking about practice transitions or a practice sale. While as a broker, I can easily just suggest they do a practice transition, but as someone who wants to have a long career, it’s in my best interest to give existing and potential practice transition clients the best possible advice and tools...Read More
I keep running into well-tenured dentists who have enough money to retire, they’re old enough to do a transition (past 65) and they love what they do, but they don’t want to sell their practice. Commonly, tenured dentists have not updated their technology and they’re losing patients as a result; their practice is floundering and they ask me what they should do.
Howard Farran from Dental...Read More
Omni Practice Group is now a proud member of the National Association of Practice Brokers (NAPB).
We are the exclusive NAPB member for Dental Practice Transition Brokers for Washington and Oregon. NAPB is a national organization of practice brokers that is focused on holding a higher standard for Dental Practice Transition Brokers. The NAPB is involved in educating brokers on the laws,...Read More
