ARE YOU PREPARING FOR
RETIREMENT OR CONSIDERING A PRACTICE SALE IN THE NEXT 1-5 YEARS?
Did you
know buyers and banks review the past 3 years financials to determine the
viability of a practice?
Doctors that prepare for a transition will almost always have a higher
valuation and are in a much stronger position to CHOOSE the buyer for
their practice and not have to settle for someone just willing to pay the
price.
Between financials,
equipment, renovations, facility layout, staffing, benefits, and many other
factors, these can all have a significant impact on the quality of buyer you
attract and what the market value is for an office.
What
transition options are available for you and your practice?
AFTCO has created hundreds of transition options over the
last 60 years that are utilized to create the optimal transition strategy for
you, your team, and your practice. We've achieved thousands of successful
transitions due to our many decades of serving the dental community. It's
our mission to create a win-win transition that not only achieves your goals
but also the goals of the buyer. This is the foundation of a smooth and
successful transition.
Do you
know what to look for in a buyer?
In today’s market there are a significant number of buyers in
Arizona. However, the challenge lies in finding a suitable match that will work
long term. Even in a short-term transition it's key to find the right heir
apparent. Think about it, this doctor will carry on your legacy for many
years to come.
Your team will expect
them to treat them with the same respect and care you've given them all these
years. Picking the right dentist will ensure your team and patients are well
taken care of. Choosing the wrong dentist can cause your staff to lose
their jobs and your patients to be treated with sub-par dentistry or horrible
chair side manner.
These may not affect your financials once you sell your
office, but they will impact your reputation. If your goal is to maintain your
legacy, then it's crucial to find the right buyer for your office.
The Analysts
and Staff here at Aftco Southwest look forward to hearing from you and helping
you achieve your goals. Please email us
at info@aftcosw.org or call our office at 480-634-4803 to set up a time
to speak with us.
Sincerely,
AFTCO Southwest Analysts