5 Things to Know about Private Practice Buyers
Today’s practice buyers want different things and have different expectations than you. If you’re preparing to sell your practice in the next couple of years, this episode will give you at least five key insights (plus many more) on today’s private practice buyers that will help you make strategic decisions for the future.
Our expert on the topic is Greg Jones. Greg is a Licensed Real Estate Broker and the Director of Operations for Doctor’s Choice. Doctor’s Choice is Florida’s largest statewide professional dental practice broker, consistently maintaining over 100 practice opportunities, and representing dentists statewide for over 30 years.
Greg’s father (Kenny Jones) started Doctor’s Choice 32 years ago. While Greg had no idea what career he wanted to pursue, he knew that he was a “people person” and loved helping and conversing with others. Greg decided to work with his father to see if becoming a dental practice broker & consultant was a good fit. And that was all she wrote. Since 2014, Greg has been with Doctor’s Choice helping dentists transition into retirement or ownership. He was awarded ‘Top Agent’ in 2020 and is also a member of the National Association of Practice Brokers (NAPB) and Practice Valuation Study Group (PVSG). Both of these are prestigious groups of only the top dental practice brokers in the country.
Questions addressed on this episode:
- What does today’s typical private practice buyer look like?
- What are private buyers looking for in a practice?
- What if a seller’s practice doesn’t match what buyers are looking for?
- Do practice buyers generally prefer to lease or purchase the real estate?
- How do differences in seller’s and buyer’s procedures affect deals?
- What are reasonable seller expectations in rural cities?
Learn more about Doctor’s Choice online at: Doctors-choice.com. Contact Greg Jones directly via email at: greg.jones@doctors-choice.com or by phone at: 561-596-1782
Learn about dental practice transition specialists in your area by messaging: office@longinthetooth.info
Long in the Tooth provides non-clinical gems of wisdom for older dental practice owners. Learn more about this podcast at: longinthetooth.info