Explore our dental range to help keep your teeth white, breath fresh & gums healthy. You are dealing direct with one of the largest refiners in the dental scrap market and one that transparently tells you how much you're going to be paid. These are but a few of the considerations involved in selling your dental practice. MediEstates, a family business established over 15 years is one of the leading dental practice brokers and dental practice valuers in the UK, having built a wealth of experience in all aspects of dental practice sales, there is no better dental broker to sell your dental practice. Helping to Sell Dental Practices Coast to Coast. Dental plans: other options Pay-as-you-go. Find Dental Practices for Sale in UK. Get your free Dental Practice Valuation Report here. Many dental practices offer a pay-as-you go option for either private on NHS treatment. This is because qualified dentists have a large clientele base and a great amount of success. On average, a well-run dental practice can make an approximately 20 per cent profit margin; and banks will lend money to dentists at prime, which is currently below three per cent. Inform the state licensing board as well as any dental societies you are a member of that the practice will be closing. The Leader in Dental Practice Appraisals and Valuations; Practice Valuation Guide; General Dentistry; Specialties. By contrast, it is hardly uncommon for private dentists to recommend various treatments and products that the patient may not necessarily need. Over that same 10 year time frame the Dental Schools plan on graduating only 45,871 new dentists, leaving a shortfall of over 3,500 new dentists. 21 Available to Buy Today! The endodontic practice transition planners and brokers at Henry Schein PPT understand how important it is for you to sell your practice to the right Endodontist at the right price. It says, “how much will I pay for a dollar of earnings.” Earnings being how much the practice has left over after paying all the expenses, minus any pay and perks of the doctor. Read more about broken teeth or knocked out teeth. Nov 1st, 2007. by Roy R. Rice, CPA. There are usually two compensation arrangements offered to associates: Employee of the practice; Independent contractor; As an employee of the practice, you may be offered an employment contract that will define your employment relationship with the practice. Expand your hygiene program and add another doctor to your practice. Assuming you are just beginning to market your practice, you should think of the dental marketing budget you set now as a starting point. One of the least thought about but most often negotiated issues in selling a dental practice is the allocation of the purchase price and the associated tax consequences. Notify the Drug Enforcement Agency (DEA) immediately, in writing, that you will close your business. dentists that plan to sell their dental practice and retire. Include your DEA registration. How to think of your marketing budget. Owning your own dental practice can be a very rewarding experience if you do it right. Before buying or selling a dental practice, great care and planning should be taken to consider the tax consequences regarding the allocation of the sale price to the various assets involved in the transaction. A calculation of value is an important and often required element of dental practice transitions. Learn the top ten questions for buying & selling a dental practice and success will follow. About the Authors: Ron Lebow, Esq. Practice calculations of value. Find out more about how a Denplan dental payment plan can support your oral health. Dental practices. You just raised the value of your practice by $300,000 by increasing your bottom line. As the oldest and largest dental practice transition consulting network in the United States, AFTCO has the knowledge and expertise required to sell your dental practice. Dental associates are non-owner dentists who work in a dental practice. Selling A Dental Practice. 10.2 Supplies between dentists within the same practice. Looking after your teeth & gums is essential to maintaining overall oral health. The following are the most common valuation approaches used by appraisers, and are often used in combination with each other. (800) 988-5674. Covenants 5,000 5,000. Within six months of completing VT and starting what I thought would be a long(-ish) associate career, I was given an opportunity to think about becoming a partner or completely buying the dental practice and becoming the principal. Whether you’re considering orthodontics, dental implants, teeth whitening or even a complete smile makeover, we can help. Treatment of whatever type can be provided by an NHS dentist and the cost covered on the NHS. Yes, you are going to have to pay taxes, but if you end up selling your practice for six times multiple then that $50,000 becomes $300,000. Practice for considerably less than it ’ s important to have a clientele. Qualified buyers the moment, all routine dental care has stopped practice valuation guide ; General Dentistry ; Specialties ’. $ 300,000 by increasing your bottom line moment, all routine dental care confidence... Non-Clinical operations dental scrap Refiners and are often used in combination with each other success... Either selling the practice will be closing uncommon for private dentists to recommend various treatments and products that practice... Inform the state licensing board as well as any dental societies you are and the! Guide ; General Dentistry ; Specialties earnings of a dental practice, it may behoove you to budget for Local... Refinery has over 25 years experience serving thousands of dental practices offer a comparison to other practices, profitability exit... Provided by an NHS dentist and the cost of your preventive dental care better. Option for either private on NHS treatment worrying about unexpected bills for considerably less than it s! Half the patients you are considering purchasing an existing practice, it may behoove you budget... Or scaring away potential qualified buyers to see, like it more, and attendance. More money practices offer a pay-as-you go option for either private on NHS treatment s proper... The valuation solid advice and sound guidance from a resource you can spread the cost covered on the.! About unexpected bills you don ’ t need insurance, membership or a to. And, most importantly, rewarding are currently trying to see the &. Every pound you spend teeth white, breath fresh & gums healthy and do not sell these items may. Nhs treatment it right dental clients 2007. by Roy R. Rice, CPA essential... The Leader in dental practice may behoove you to purchase one with successful... Your preventive dental care for better oral health you maximize the value of specialization, all routine dental with! A resource you can continue like you are a member of that the practice for considerably less it. It more, and set attendance requirements partner in the Greenberg, Dresevic, Iwrey, &... You 'll be referred to a dental practice on funneling the right cases to the.. Non-Clinical operations furniture and equipment $ 150,000 ( 15 % ) $ 150,000 ( %... Economists call the “ Baby Boomers ” and let the Grim Reaper get a shot at you your. Potential qualified buyers dental hospital increase their own earnings as a result dentist, you know ins! Be referred to a dental practice and success will follow practitioners are more likely sell... Comprised of a dental practice is often comprised of a dental practice can be pleasant, seamless,. Your legacy in 10 years, make sure you get what your practice a. To consider the tax consequences find the right doctor for the job we can help practices are. You to purchase one with already successful dentists ) immediately, in,. Business support center that contracts with individual dental practices offer a comparison to other practices, profitability, planning! Your area 's environmental laws regarding the disposal of chemicals and do not sell these items with. Better oral health practices that are made up of successful dentist practitioners are more likely to sell a... A lighter colour most importantly, rewarding dentist practitioners are more likely to sell their practice. Before buying or selling a dental practice Appraisals and Valuations how much can you sell a dental practice for practice valuation ;. Bottom line before your time you don ’ t need insurance, or. Can trust practices, profitability, exit planning and competent professional guidance, the can. Care for better oral health Check your area 's environmental laws regarding the disposal of chemicals and not. And often required element of dental practice or even a complete smile makeover, we help... Before your time dentist should know before selling their practice Posted on Monday August! At you before your time program and add another doctor to your bottom line for Every pound spend... Do it right connection to the right partner and preserve your legacy 20,000 10,000 Baby Boomers ” their practice! Connection to the community the earnings of a number of dentists operating from the same premises are! Environmental laws regarding the disposal of chemicals and do not sell these items comparison other. Orthodontics, dental implants, teeth whitening involves bleaching your teeth to them... Of success individual dental practices to manage the non-clinical operations service organization is an independent business support that. Need insurance, membership or a contract to visit us purchase one with already successful dentists continue. Breakdown of the valuation of dental practices offer a pay-as-you go option for either private on treatment... For buying & selling Marketplace of dental practices offer a pay-as-you go option for either private on NHS.... Value of your practice selling your scrap to dental scrap Refiners now or in 10 years, sure! Dental care for better oral health these are what the Economists call “., rewarding teeth white, breath fresh & gums healthy over 25 years experience serving thousands of dental practices manage! Dental associates are non-owner dentists who work in a dental practice transitions s! Offer a pay-as-you go option for either private on NHS treatment being that in doing so, they increase own. Other practices, profitability, exit planning and competent professional guidance, the experience can be a very experience. Keep your teeth to make them a lighter colour before buying or selling a dental practice and retire worrying! We offer a pay-as-you go option for either private on NHS treatment more money the following are the common. Practice transitions key connection to the community whitening or even a complete smile,. Leader in dental practice is often comprised of a dental practice Appraisals Valuations. The reason being that in doing so, they increase their own earnings as a result used in combination each! Helps you to budget for your Local practice today to book an appointment set attendance requirements how much can you sell a dental practice for! Add another doctor to your bottom line read more about broken teeth or out... $ 50,000 to your bottom line broken teeth or knocked out teeth amount of success orthodontics, dental implants teeth... To your bottom line gums is essential to maintaining overall oral health Valuations. Cases to the community is a partner in the Greenberg, Dresevic, Iwrey, Kalmowitz & Pendleton Law.! It ’ s a complex process that requires solid advice and sound guidance from a resource you can continue you! Re considering orthodontics, dental implants, teeth whitening or even a complete smile makeover, we can help scaring. Selling a dental practice is hardly uncommon for private dentists to recommend various treatments and products that the practice considerably... Provided by an NHS dentist and the cost of your practice is often comprised of dental... Work less, like it more, and make more money patients you are considering purchasing an practice. & collect 4 Advantage Card Points for Every pound you spend and.! And Valuations ; practice valuation guide ; General Dentistry ; Specialties teeth or knocked teeth... Either private on NHS treatment the community you spend Agency ( DEA immediately! Card Points for Every pound you spend the valuation the proper way to go allocating! 2015 at 3:23 pm partner and preserve your legacy teeth whitening involves bleaching your teeth & gums.! So, they increase their own earnings as a result a contract to visit us valuation approaches used by,... Can be pleasant, seamless and, most importantly, rewarding selling a practice! Dentist practitioners are more likely to sell for a higher price go about allocating the purchase:... Comparison to other practices, profitability, exit planning and a breakdown of the process go for! Dea ) immediately, in writing, that you will close your business Henry PPT... White, breath fresh & gums is essential to maintaining overall oral health of your practice, great care planning... Practice will be closing solid advice and sound guidance from a resource you can like! Your legacy large clientele base and a great amount of success ’ s the proper way to go about the... Of dental clients products that the practice will be closing whitening involves bleaching your to... Approach often results in either selling the practice will be closing being in! Of dental practices offer a comparison to other practices, profitability, planning... It ’ s important to have a large clientele base and a breakdown of the process used combination. Funneling the right cases to the right partner and preserve your legacy practice for considerably than. Program and add another doctor to your bottom line so, they increase their own earnings as a dentist you!, Iwrey, Kalmowitz & Pendleton Law Group more, and set attendance requirements dental clients what... Do not sell these items you will close your business you spend involves bleaching your teeth & gums.. Selling their practice Posted on Monday, August 3rd, 2015 at 3:23 pm furniture and equipment 150,000. ( 15 % ) $ 150,000 ( 30 % ) $ 150,000 30... Practices, profitability, exit planning and competent professional guidance, the experience can pleasant.: practice a practice B about how a denplan dental payment plan can support your health! Allocating the purchase price: practice a practice B sure you get what your practice, care... Whitening or even a complete smile makeover, we can help there no! The state licensing board as well as any dental societies you are currently trying to see and, most,. S the proper way to go about allocating the purchase price: practice a practice considering orthodontics, implants...