Healthcare professionals often have a goal to own the real estate that houses their practice. If you have achieved this target and are now looking to sell your practice, you may be wondering how owning the real estate factors into the transaction.
Determining the best fit for your upcoming practice transition. Have you hit a stride in your practice and are in the first-rate category of being able to consider selling your dental practice? You should know that such a practice transition requires working through priorities and values that are often deeply personal. In this article, we …
Looking for the best way to sell a dental practice? Our most experienced advisors at Practice Transitions Group would say the best way to sell a dental practice is to be prepared.
As a medical entrepreneur, investing in real estate for your office is likely to be the most crucial decision you’ll make during your career. After years of balancing school and life decisions, making another enormous investment in yourself is a huge accomplishment that also comes with a lot of stress.
While not often discussed explicitly when searching for a location, the real estate you choose for your practice can have a significant impact on the value of your practice in a sale. Real Estate is One of Your Largest Fixed Costs Real Estate is Typically the second or third largest cost for a practice behind …
How Your Real Estate Choices Affect Your Practice Value Read More »
You put your practice on the market, found a buyer, negotiated a proposal, and signed a purchase agreement. A win-win for the buyer and seller. But wait, the landlord must agree to the whole deal? Yes, as frustrating as that sounds, a totally uninvolved 3rd party must consent to your lease being assigned to the …
Being smart about your commercial lease can save a lot of headaches and money later, and open up easy-to-miss opportunities. We recommend an easy, four-part strategy: Track Important Lease Dates Many people make the mistake of assuming the only dates that matter in a commercial real estate lease are the start and end date. However, …