Rhode Island Dental Practices For Sale
The process of making any changes within your dental practice can seem overwhelming but that all changes when you have an experienced partner by your side to simplify the entire transition. At PARAGON Dental Practice Transitions, our team has decades of combined experience in helping dentists navigate the transition process successfully. Our priority is to help you obtain optimal results from your practice transaction, and that starts right here with us sharing some key considerations when it comes to buying or selling a dental practice in Rhode Island.
Statewide
PARAGON typically has several practices throughout the state (and especially in the major metro areas) seeking to add an equity associate. Equity associateships lead to either practice co-ownership or practice full ownership and contractually allow "sweat-equity" to the associate dur...
Selling A Dental Practice in Rhode Island
When it comes to selling your practice, it’s important to be realistic about what your dental practice is worth and the amount of time it will take to find a buyer. The benefit of choosing us as your local dental practice broker is that we provide connections to a network of potential buyers who are ready to take action. Plus, when you work with PARAGON, there is no one-size-fits-all approach when it comes to how you transition out of your practice. We have a wide range of programs available and your personal consultant can help you personalize your options. From a simple Walkaway Program to a Progressive Ownership Program, you choose how your transition will proceed and we’ll work to make it all a reality!
Buying A Rhode Island Dental Practice
Investing in a dental practice is an exciting venture but also one that requires considerable planning and research. By working with a PARAGON Rhode Island consultant for dental practice purchases, your process will be simplified. Your consultant will research and bring to you such factors as staff retention rates, available equipment and technology, patient base size and turnover rate, taxes, insurance coverage requirements, legal obligations, cash flow projections, preferred transition program, and so on. These details provide invaluable insight into whether or not purchasing a particular practice is right for you. Our experienced dental practice brokers can help guide you through this process, as well as provide guidance on any technical questions so that you can make wise decisions about which practices are worth pursuing.
Rhode Island Dental Practice Appraisals & Valuing Your Practice
Whether you are buying or selling a dental practice, it’s important to understand what factors affect its value. When valuing a dental practice for sale, our appraisers consider several components such as size, location, the specialty of services offered, accounts receivable, equipment cost, lease terms, patient demographics, and more. Additionally, understanding current market trends will provide insight into market conditions that may be beneficial for either buyers or sellers. Having an expert PARAGON dental practice appraisal can make the sale or purchase process significantly easier because you’ll know exactly what to expect when it comes time to close.
The Importance of Having a Professional Dental Practice Broker
Having a knowledgeable PARAGON consultant with experience in buying and selling practices in Rhode Island is essential in getting the best outcome for any transaction. Our team works closely with buyers and sellers in our Dual Representation approach, to ensure that everyone navigates through the transition efficiently and effectively. Get started today with PARAGON as your trusted partner for dental practice transactions in Rhode Island.