1) Build Your Team of Advisors: Broker/Consultant, CPA/Accountant and an Attorney and keep them in the look on all topics big and small. Trusted advisors are key to a smooth transition and in the end will save you time and money. 2) Prepare to Transition Clearly outline the goal you have for transitioning your practice with your Broker. Be brutally honest with why your transitioning now and what your concerns are in transitioning your practice. 3) Secure a Practice Valuation from a degreed dental analyst. You need to find out what your practice is worth in the current market environment [...]
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So far ADS Precise has created 17 blog entries.
1. Confidentiality is Key: Telling your staff, your friends, and your patients that you are considering retiring in two years will guarantee that you will have no practice left to sell in two years. Your patients will start looking for a new and younger dentist, and your staff will have their ear to the ground for their next job. There will be plenty of time for your retirement announcement after you have sold your practice and your check has been deposited in the bank. Make sure that your CPA, your significant other, and your children realize the importance of non-disclosure. [...]
We will be proudly exhibiting at the 2019 Colorado Dental Association Annual Meeting on June 6 – 9, 2019 at the Stanley Hotel in beautiful Estes Park. Of course, be sure to stop by our booth in the Exhibit Hall so we can fill you in on the recent happenings in dental transitions and practice valuation trends- a lot is happening! We are offering a 15% discount to any attendees that mention this blog when visiting our booth. […]
What a great time we had at the sold-out "Considering Buying a Practice" Dinner on March 21st, 2019. The Dental practice seminar was geared toward Dentists that are looking to own their own practice. Thank you Ryan Nolan- Bank of America, Nate Woudstra- EOS Healthcare Marketing, and Jed Esposito- ADS Precise. We had a full house of dynamic doctors that gave the event rave reviews. Keep an eye out for future dinners and other events by visiting our site or signing up for our email updates.
Join us on Friday April 12, 2019 at Shanahan’s Steakhouse for a FREE Dinner Seminar “How to Capitalize on the Sale of Your Practice”
Prepare Now to increase the sale of your practice in the future. Presented by Industry Experts from ADS Precise, Bank of America and Patterson Dental. TOPICS OF DISCUSSION • Discover the pros & cons of buyer types • How does Corporate Dentistry impact you? • Key steps on how to prepare to sell if you are 3-5 years away • Corporate dentistry from a lender’s perspective • What does today’s buyer look like and can they actually get financing with all their student debt? • What kind of options are available to buyers to purchase a practice • The high [...]
Presented by a Panel of Experts from ADS Precise, Bank of America and EOS Healthcare Marketing. Topics of Discussion include: Keys to getting your “financial house” in order before you buy, Learn what a bank expects from borrowers today, Discover how much dental practice you can afford, Understand dental practice valuations, Learn the importance of demographics & market analysis, Rebrand or not to rebrand Date: Thursday, March 21, 2019 Location: Colorado Dental Association 8301 East Prentice Avenue Suite 400 Greenwood Village, CO 80111 Registration 6:30 p.m. – 7:00 p.m. Seminar 7:00 p.m. – 9:00 p.m. Dinner & Beverages will be provided [...]
We will be proudly exhibiting at the 111th Rocky Mountain Dental Convention (RMDC) on January 17 – 19, 2019 at the Colorado Convention Center in beautiful downtown Denver. Of course, be sure to stop by our booth #649 so we can fill you in on the recent happenings in dental transitions and area practice valuation trends- a lot is happening! We are offering at 15% discount to any attendees that mention this blog when visiting our booth (#649). You will be able to experience the latest technology and industry trends at the exhibit hall. More than 240 exhibiting companies are [...]
ADS Precise Consultants dental practice listings - New! September 2017 GP Littleton, CO - 3 chairs, 750M GP Lakewood, CO - 6 chairs, 540k collections GP Ken Caryl, CO - 5 chairs, 700k collections GP Aurora (East), CO - 5 chairs, 695k collections GP Aurora (South), CO - 3 chairs, could expand to 6, 650k collections PERIO - south Denver Suburb, 550k, collections If you like the the mountains, rural plains, or metro Denver - with or without commercial real estate - check us out at www.adsprecise.com/listings
New! Two "shell" dental office locations available 8 and 10 ops. Northern Colorado Springs and Central Denver, respectively fully equipped with no patient base choice location great option for startup or second location New! (1723) PERIO: South Denver Suburb very nicely equipped, 3 op 550k collection 55%+ profit doc retiring New! (1720) Centennial, CO 550k collections with historical 800+ revenue 5 op General family practice highly desireable location doc retiring New! (1722) Littleton, CO 750k collections - General family practice 3 ops, well equipped, choice location doc retiring
"As I mark my 40th year as a Colorado dentist, I reflect back on the past year of uncertainty and anxiety. I was faced with the sale of my building (where I leased space) and would need to vacate within eight months! The realization came fast and hard that I was faced with the prospect of either opening a new office or the equally difficult prospect of trying to sell my practice to a new dentist with the knowledge that he or she would not have a physical office in which to practice. That is when I turned to ADS [...]