Practice Solutions has over 30 years of experience selling dental practices in Canada. We work hard to know and understand your practice so we can accurately represent it. At the same time we recognize that it’s your practice and must be sold your way and on your terms.
Here’s what we offer to help you realize a successful sale:
Financial information and practice identification remain confidential and available only to serous and qualified buyers. Similarly, buyer information is also kept strictly confidential. A “confidentiality agreement” must be signed before the full details about a practice will be divulged.
We maintain exclusive listings of all dental practices. No other agency has the same practices listed for sale. We make it our business to target the buying market and actively promote exclusive listings in professional journals to gain maximum awareness.
We have our own standardized contract for dental practice brokerage transactions that has been vetted by many lawyers and lenders over the years. Utilizing our contract will reduce the legal costs of both the buyer and the seller. We will work with your legal counsel to ensure the contract meets all of the seller’s needs. We’ll also work with your accountant to minimize taxes where entitled.
Qualify Potential Buyers
We will qualify the buyer to ensure they have the financial resources, and we will look for a buyer who is a good fit for your patients. Our screening of potential buyers eliminates unnecessary daily distractions to you and helps in maintaining confidentiality.
We have worked with many dentists who have sold off a portion of their practice. We will help negotiate the terms of the partnership and set up a partnership contract, using our standardized form as a starting point, to reduce the legal costs and quicken the close.
We bring together and represent the buyer and seller of dental practices in Canada. Dual-agent representation is the core of our brokerage service, and it’s our job to achieve a “win-win” outcome for both parties. We will negotiate terms that best meet the needs of both buyers and sellers to bring about a quick close and smooth transition.
Some of the services we provide to aid in the sale of a practice are: after-hours service, full-colour unabbreviated reports, next-day courier service, associate contracts, premise lease consulting, legal and accounting referrals and financing referrals.