Start-Up Vs. Purchase

Some of the benefits of owning your practice are your independence, more control, and income.

3 Critical Advantages To Purchasing A Practice

3 Critical Advantages To Purchasing A Practice

As dentistry becomes more competitive, more young dentists buy practices, while fewer start practices from scratch. This shift is driven by the many advantages that practice purchases have over start-ups. The 3 most critical are:

1.   Immediate Income

 

Buying a practice should provide immediate income, from day one. Start-ups must weather periods of loss, grow to a breakeven point, and then grow further to begin to generate personal income. You can’t know how long that will take, or be certain it will happen.

2.  Less Financial Risk

 

The risk of financial failure and bankruptcy is far less with a practice purchase. Each year we see or hear of dentists who started practices and ended in bankruptcy. Practice buyers begin with a patient base that has already proven that it can pay operating expenses and provide an income for the owner.


3.  
No Leasehold Improvement Expense

 

A start-up must borrow a large sum of money and then spend it on leasehold improvements. Unless start-up dentists buy the real estate before or when their leases end, these investments are lost. Landlords retain ownership of leasehold improvements. With practice purchases, leasehold improvements already exist.

While You Are Here Take A Look At Our Practices For Sale?

We have several listings in different states.

See What Our Clients Are Saying About Us On Our Client Testimonials Page.

We have listed just a few testimonials below.

“George Stollings made buying a practice enjoyable and as stress free as possible.”
Dean Paxton, DDS (Practice Buyer)
West Virginia

“Dr. Stollings’ services were thorough, legitimate, and essential for our successful transition.”
David Eller, DDS (Practice Buyer)
West Virginia

“George Stollings went above and beyond the call of duty from start to finish.”
Dr. Patrick Cobb (Practice Buyer)
West Virginia

Dental Practice Sales, Dental Practices For Sale

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Phone 304-486-5714

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