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How This Dentist Saved $161,842 Buying A Practice
Description
📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdf
I recently helped a dentist save $161,000 on their dental practice acquisition. In this video, I walk through exactly how we did it, from negotiating $100,000 off the purchase price to saving over $60,000 on financing. When you're spending a million dollars, small decisions can make a massive difference.
What we cover:
- How we found the right practice after 3-4 months of looking
- Why we offered $100K below asking price (and the seller accepted)
- How time on market gives you negotiating power
- Saving $60,000 by switching to the right bank
- Why you should never just use one lender
- A separate client who saved $500,000 on their purchase price
- Why you need someone on your side during this process
💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.
📬 Questions? Reach out directly: chris@practiceown.com
0:00 Intro
0:21 How the Process Started
1:20 Looking at the Broker Packet
2:48 Local Market Knowledge and Fair Pricing
3:28 Offering $100K Below Asking Price
5:40 Saving $60K by Switching Banks
7:33 This Is Extremely Common
8:07 A Client Who Saved $500,000
9:22 Don't Do This Alone