Dental Practice Broker Fees. How to choose the right Dental Practice Broker Justin Baumann posted on the topic LinkedIn Selling without a broker is also an option if you want to cut down on those costs, but this doesn't just complicate the process; it sometimes leads to the transaction collapsing, too. Smaller practices that are producing less than $400,000 per year are harder to sell, require a lot of money spent on marketing and require many more hours to get to the closing finish line; therefore, those are typically in the 10% to 12% range.
How Dental Brokers Help with Practice Transitions from personalfinancearticle.net
Broker Fee - If you are using a broker, you pay between 6% and 12% of the sale of your practice In 2011, Bill started as an associate with another dental practice broker.
How Dental Brokers Help with Practice Transitions
When considering a sale of dental practice, many dentists work with a broker to facilitate the transaction He worked as an associate in several different types of practices before starting his own Fee-For-Service practice in Greenpoint, Brooklyn in 1984 In a competitive market with a high demand for dental practices, brokers may be able to justify higher fees as a result of the favorable selling environment
What Are The Essential Roles Of A Dental Practice Broker Nationwide Dental Practice Brokers. This is typically the largest cost associated with selling your practice Dental practice broker fees can also be influenced by the current market conditions
20 More Questions To Ask a Dental Practice Broker Professional Transition Strategies. A dental practice broker can help navigate the complexities of the sale, including valuation, marketing, negotiations, and closing See: Taking the Legal Pain Out of Buying and Selling a Dental Practice