Frequently Asked Questions

How do I recognize an especially good dental practice opportunity?

When looking for a good practice, it is important that you consider practice value rather than looking strictly at practice price. Price is the amount that a buyer pays a seller to acquire a practice and the price belongs to the seller. Value is the benefit received by the buyer from the purchase of a dental practice, and in the case of a dental practice, value is your net income. By understanding cash flow, buyers can make much better informed decisions in their best interest because they will know what income they can expect to live on.

What are the advantages to buying a practice rather than building one from scratch?

There are many advantages to buying an established practice. The biggest advantage is the patient base you'll inherit. If you start your practice from scratch, it will take a good deal of time to build a patient base. That means it can also take time for you to start earning income. Another advantage of buying an existing practice is that the systems and the staff are already in place. This allows dentists to focus on patients rather than dedicating endless hours to getting a practice up and running. Another significant advantage of buying an existing practice is that funding is readily available. This is because financing sources recognize that the failure rate for dentists buying an existing practice is extremely low. For information on dental practices for sale in North Carolina, explore the practice listings on our site.

If you have any further questions, don't hesitate to contact us. We facilitate dental practice sales and transitions in North Carolina.