FAQs About Selling A Dental Practice

FAQs About Selling A Dental Practice

Are you considering selling your dental practice? You probably have quite a few questions about the sale of your practice, luckily AFTCO Southwest is always happy to help. AFTCO Southwest has worked with a number of dentists throughout the years, assisting in the successful sale of many dental practices throughout the United States. Here are some of the frequently asked questions we get asked by dentists who are interested in selling their dental office:

What would a reasonable non-compete clause (covenants) be?

Non-compete clauses are often specific depending upon the dental practice in question and typically covers a certain distance. The distance is often correlated to the service area of the practice in question in an attempt to ensure no competition between the practice being sold and the sellers potential new practice. Non-compete clauses may be negotiated depending upon the seller and buyers wishes. AFTCO Southwest would be happy to assist, feel free to call us for any additional questions regarding non-compete clauses.

Can non-compete clauses be enforced?

When properly written, non-compete clauses are most definitely enforceable, however it is important to make sure that the covenants are written correctly. At AFTCO Southwest, we would be happy to help ensure your non-compete covenants clause is written properly and easily enforceable.

How do patients typically react to a new dentist?

In most situations, as long as the transition and introduction of the new dentist is handled correctly, patients have no problems with seeing a new dentist. It can be important to show current patients that they will still be receiving the same level of care.

How long does it take to sell a dental practice?

When it comes to selling a dental practice there are many factors that can go into how quickly a dental practice sells. The location of the practice, profitability of the practice and even number of patients seen are all factored in, along with various other things. We often find that high demand locations can sell in as little as six weeks, whereas an area with less demand could potentially take a few years. AFTCO Southwest would be happy to discuss these various factors about your dental practice to try and establish a timeline.

Can you help me increase the value of my dental practice?

When it comes to selling a dental practice, most dentists want to ensure the most value possible. At AFTCO Southwest, we have the knowledge, experience and passion to help you make strategic investments in your dental office to increase the value when it is time to sell.

How can I talk to a dental practice broker about selling my practice?

Getting ahold of a dental practice broker is actually quite simple, just contact us at 480-634-4803. We would be happy to answer any questions you may have about selling your dental practice.

Still have additional questions about selling your dental office? Feel free to contact the experts at AFTCO Southwest! We would be happy to discuss anything related to our dental support services, from buying, selling to even managing and financing.