Brokers sell businesses, focusing on the transaction of selling your practice. They meet a need in the dental practice sales marketplace.
At DDSmatch, we understand that selling your dental practice in Michigan is something you will likely only do once. It’s emotional, it’s high stakes, and can be overwhelming. Yes, we help you with the actual transaction, but our Professionals go beyond brokering to focus on all steps of the transition. In doing so, your dental practice sale in Michigan emerges from a comprehensive and cohesive process that focuses on your goals. It matters to us that you are able to transition on your terms.
The DDSmatch distinction means:
- We only represent the seller
- We have decades of dental industry expertise
- We are local, active in 48 states with a nationwide network
- We utilize an independent, third-party valuation conducted by certified valuation analysts
- We have processes in place to guide you through every step
- We help you proactively plan for your dental practice sale in Michigan.
The proactive planning component is key and is guided by The Practice Optimizer Experience™. Planning for the eventual sale of your dental practice helps protect your best interests by allowing you to take a strategic, well-informed approach to maximize its value. By starting early, you can improve the practice’s financial health, streamline operations, make cost-effective improvements, and address any potential issues that might affect its sale price. Ultimately, it gives you control over the timing and terms.
Our DDSmatch Professionals shared some scenarios where the POE detected important details that could affect the terms and sale of the practice. While these issues were not insurmountable in the hands of an experienced Professional, they are items that are easier to “fix” on the front end.
The POE Addresses the True Practice Value Considerations
“We have to rely on a true practice value. A dentist might share with you they have had great production at their practice, with $1.5 million for several years. That sets an expectation in her mind, as it should. But as the details of practice metrics and the valuation analysis unfold, it becomes clear that production has been significantly lower the last three years, as she has been taking 2-3 months off in anticipation of retirement. In her head, it’s still the bigger number, but to a buyer, the value looks different. Planning ahead gives us time to be informed and make modifications.”
The POE Addresses Estate Preparedness Considerations
“Sadly, from time to time, a dentist passes away unexpectedly. Without a will and a succession plan in place, the practice could be tied up in probate, and depending on local laws, that practice could be prevented from seeing patients, devaluing the practice at the very time it needs to be on the market to provide for the family left behind.” *
DDSmatch Professionals can help you navigate these scenarios and more, from reviewing real estate terms to finding organic growth opportunities within your practice. If you are looking to sell your dental practice in Michigan, our Practice Optimizer Experience and the expertise of our Professionals can make a tremendous impact as you look for strategies to protect and enhance the future sale of your dental practice.
If you are searching for dental practices for sale in Michigan or need assistance with selling your dental office in Michigan, our team is here to support you. While brokers often focus solely on the final transaction, DDSmatch Professionals place emphasis on the entire transition from start to finish so every aspect of the sale—from practice valuation and financial health to the smooth handover of ownership—is thoughtfully managed. This proactive, all-encompassing strategy helps you transition on your own terms. That matters.
DDSmatch is not an attorney and does not provide legal advice. Please consult with an attorney in your area for legal advice.