Episode Details

Today we're going to talk about all the steps that go into buying a dental practice by using a real-life example of a practice that was purchased recently. The buyer is doing very well already, just 6 months in.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

00:00 new owner

01:17 the first practice evaluation

02:20 seller out of network

07:38 calculating buyer's expected revenue

08:51 take your time, do this right

09:43 accountants don't always understand dental transitions

10:35 finding more practices for sale

12:23 the perfect practice

13:34 letter of intent

14:57 how long does it take?

15:16 getting a loan to buy a practice

17:27 hiring a lawyer

18:13 everything else

19:35 is it worth it?