Articles

The Easiest Way to Get a Dental Broker on the Phone

Brokers are a great source to find a dental practice for sale. But many buyers have trouble getting a response from brokers when they’re looking for more information on an area or specific practice.

I’ll share one near sure-fire way to get a broker to pay attention to you and get back to you. It’s quick and easy.

How Much Does a Dental Practice Cost?

The average dental practice in the U.S. costs about $520K. But I don’t like national averages here, because it’s misleading for your specific situation and practice. There are just too many other factors in the mix. How many operatories does it have? How many doctors? Is it a specialty practice? What city is it in? Which neighborhood? And so on. You get the idea.

So let’s look at it a different way.

Judging a Dental Practice’s Online Presence

A dental practice ought to look good, right? When someone drives past, they might notice the signage, the landscaping, the general look of the practice. Is it inviting? Is it dingy? These things matter!

But as a prospective buyer, you’re probably young enough to understand something instinctively: as much as the physical look of the practice matters, its online presence matters even more.

Who do you trust most in the practice purchase process?

When buying a dental practice, you’re going to assemble a team to help you out. As I’ve said elsewhere, the most important member of your team is your dental-specific attorney. Next is your accountant. But there are others as well. A banker, a broker, equipment reps, insurance agents, and possibly some other consultants as well.

With so many people involved, which voices should you turn to first?