Buying or Selling a Dental Practice?
NJ’s Trusted Dental Transition Consultants
There’s a lot to consider when transitioning a dental practice. Whether you’re considering:
The process can be complex and time-consuming. If you’re considering the purchase or sale of a dental practice, it’s crucial that you understand the true value of the practice before striking a deal.
What is Dental Practice Valuation?
Dental practice valuation estimates a practice’s fair market value based on an analysis of its tangible and intangible assets and future growth potential.
A seasoned dental accountant with years of immersion in the industry can provide you with a dental valuation that accurately reflects the price you could sell your practice for at a given time.
Why Is Dental Practice Valuation Important?
As a dentist interested in buying an existing practice, you could be considering the largest purchase of your career. As a dentist thinking about selling a practice after years of hard work, the nature of your future financial planning depends in large part on how much money your practice is worth. In either case, you need a trusted team of business consultants that thoroughly understand the dental industry to help you determine the fair market value of the dental practice and coordinate the sales process to ensure a smooth and successful dental practice transition.
Who Can Help Me Value My Dental Practice?
When transitioning your dental practice, you want to be sure you negotiate a deal that reflects all the hard work you put into building it. LLI Advisory Group has vast experience in the dental marketplace that makes us uniquely qualified in the complex area of practice valuations and transitions. Our seasoned practice transition specialists will collaborate with your attorney to help negotiate a sale that protects your financial interests.
Thinking of Buying a Dental Practice?
Get Expert Valuation of the Dental Practice for Sale
If you’re considering purchasing a dental practice, LLI’s dental transition consultants will analyze the financial history of the business that’s for sale and conduct financial due diligence of the practice to make sure that the seller’s information is complete and accurate. Our broad understanding of dental industry benchmarks and current market trends enables us to interpret financial data and determine the health of a dental practice so you can feel confident about pricing your dental practice for sale.
Why Do Dentists Trust LLI Advisory Group for Dental Practice Valuations and Transitions?
Exceeding the Expectations of Dentists
Dentists Love Our Accounting Advisory Services
Our clients know that they can depend on us in their day-to-day operations. Satisfied clients drive our firm, which is a testament to our unparalleled service and attention to detail.
Wonderful team, highly professional and knowledgeable!
I cannot say enough about my experience with Jerry and the rest of the team. I was provided their contact info. by my broker one year ago when I was in the process of searching for a dental practice to purchase. From the outset, Jerry made himself available to me to discuss the process, the pros/cons of prospective practices and has remained available to me even "off hours" when I needed to make a decision relatively quickly. He is extremely grounded and friendly and always takes the time to explain things to me as I learn the ropes of running a business. Wonderful team, highly professional and knowledgeable. I recommend them without reservation!
– Jenny Howell, Dental Practice Purchaser
Start Achieving Sustainability & Growth and Unlock the Potential of Your Practice
Let’s Talk!
Whether you own a dental practice or are just getting started in the field, it’s never too late to start making the critical decisions for your practice that pave the way to reaching your financial goals.
Leverage our Dental CPAs’ experience in dental practice financials, dental office operations, and industry benchmarks by putting our team’s decades of dental accounting advisory experience to work for you! Call or email us today to schedule a consultation with Jerry or Dom to discuss how LLI Advisory Group can help your practice thrive.