How much can a dentist sell their practice for? It depends on a number of factors: your dental practice valuation, existing patient base, potential interest from a DSO, to name just a few. When you are ready to sell your dental practice can feel like a daunting task, but with the right support, you can transition smoothly and efficiently. And it doesn’t have to take years!
With the right strategy, you can prepare to sell in just 90 days—without stress or uncertainty. Our proven 90-Day Practice Sale Program at NextLevel Practice is designed to help dentists quickly and profitably prepare to exit their practice, no matter if they’re selling to a DSO or a private buyer.
So, whether you’re retiring, pursuing a new opportunity, or simply ready to move on, following a structured process can help you manage your dental practice sale in as little as 90 days. Here’s a simple dental practice sale checklist to help you make it happen.
Step 1 – Get an Accurate Dental Practice Valuation
Before you list your practice for sale, you need to understand its true market value. An accurate valuation sets the foundation for a fair and profitable transaction.
Why Does Dental Practice Valuation Matter?
- Determines the best listing price to attract buyers
- Avoids undervaluing or overpricing the practice
- Helps negotiate with DSOs and private buyers
Key valuation factors include:
- EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): The most common profitability metric used in dental practice sales.
- Revenue and Collections: Consistent revenue trends make your practice more attractive to buyers.
- Patient Base and Retention Rate: A loyal patient base increases practice value.
- Location and Office Equipment: Modern, well-maintained facilities can boost practice appeal.
Working with a dental practice valuation coach at NextLevel can help you get a precise figure that reflects your practice’s true worth when you are ready to sell your dental practice..
How the 90-Day Program Helps
- Offers a data-backed valuation process
- Helps you understand EBITDA & how it impacts pricing
- Ensures your practice is positioned for maximum value
Question: How do I calculate my dental practice’s worth?
Answer: EBITDA x industry multiple = Estimated Value. Learn more about our valuation process in the 90-Day Practice Sale Program.
Step 2 – Work with a Dental Practice Coach for a Smooth Sale
A dental practice coach can provide expert guidance throughout the selling process, ensuring you avoid common pitfalls and maximize your sale price.
Benefits of Working with a Dental Practice Coach:
- Streamlined sales process with clear steps and timelines.
- Expert negotiation support to secure the best deal.
- Assistance with marketing your practice to the right buyers.
- Strategic advice on transitioning staff and patients smoothly.
How the 90-Day Program Helps
- Dedicated coaching from dental practice sale experts
- Guidance on handling offers & closing deals quickly
- Ensures you avoid common mistakes that delay sales
Question: Do I need a coach if I have a broker?
Answer: A broker finds buyers, but a coach maximizes your profit & speed. See how our dental business coaching helps speed up sales in the 90-Day Practice Sale Program.
Step 3 – Follow a Checklist Designed For Selling a Dental Practice
A step-by-step checklist keeps you organized and ensures you don’t miss critical details.
A sell your dental practice checklist should include:
- Gathering financial statements and tax returns (at least the past three years)
- Conducting an office and equipment assessment.
- Reviewing existing contracts (leases, vendor agreements, staff contracts)
- Preparing legal and regulatory documents
- Optimize practice branding & marketing
- Developing a transition plan for staff and patients
Download NextLevel Practice’s Sale Readiness Checklist to get started.
How the 90-Day Program Helps
- Provides a custom Selling a Dental Practice Checklist
- Handles all key preparations for a smooth sale
- Avoids common pitfalls that delay transactions
Question: What’s the Biggest Mistake Dentists Make when Selling?
Answer: Failing to prepare financials & transition plans ahead of time. Avoid time wasting pitfalls: download your personalized checklist inside the 90-Day Practice Sale Program.
Step 4 – Find the Right Buyer (DSO vs. Private Sale)
The right buyer will depend on your goals, whether you want a quick sale, maximum value, or a smooth transition for your staff and patients.
What Are the Buyer Options for My Dental Practice Sale?
- Dental Service Organizations (DSOs): Typically offer higher purchase prices and quicker closings but may require a post-sale work commitment.
- Private Buyers (Individual Dentists): Can be a good fit for preserving your practice’s culture but may take longer to secure financing.
Consider the pros and cons of each option and work with your dental practice coach to identify the best fit for your needs.
How the 90-Day Program Helps Sell Your Dental Practice
- Connects you with the best DSO & private buyers
- Prepares you for strong negotiations
- Reduces selling time with targeted buyer outreach
Question: Should I sell to a DSO or a private buyer?
Answer: It depends on your goals. Learn more about finding buyers and identifying the best option for you in the 90-Day Practice Sale Program.
Step 5 – Close the Sale with Expert Support
Once you’ve secured a buyer, the final step is closing the deal efficiently to sell your dental practice.
How to Close Your Dental Practice Sale
- Work with a dental-specific attorney to handle contracts and legalities.
- Ensure all financial and tax considerations are addressed.
- Develop a transition plan for patient care and staff handover.
- Celebrate your successful sale and plan your next steps!
How the 90-Day Program Helps
- Handles final negotiations & legal steps
- Ensures a seamless sale & transition
- Gets you to the finish line in just 90 days
Question: How Long Does it Take to Finalize a Sale?
Answer: With our structured program, most dentists close in 90 days. See how we ensure a smooth closing in the 90-Day Practice Sale Program.
H2: Sell Your Dental Practice in 90 Days – Apply Today!
Selling your dental practice doesn’t have to be overwhelming. With the right valuation, expert coaching, and a clear roadmap, you can close your sale in just 90 days.
The 90-Day Practice Sale Program was built for dentists who want a fast, stress-free exit. With expert coaching, valuation services, and direct access to buyers, you can sell with confidence.If you’re ready to sell your practice quickly and profitably, connect with NextLevel dental practice coaches and apply for the 90-Day Practice Sale program today! Get the expert guidance you need to secure the best deal and transition with confidence.
The post How to Sell Your Dental Practice in 90 Days or Less first appeared on NextLevel Practice.