Sellers often ask the same questions so here are the answers to the most asked questions:
How long will it take to sell my dental practice?
The time it takes to sell a dental practice is based upon several factors.
- The asking Price
- Location
- Income from the practice
- The lease terms
At The Dilwith Group we spend time with the seller discussing what the market value is for their practice. If the practice is price too high many buyers will not even consider looking into the practice. In regards to the location some buyers will not consider medical buildings in only one high visibility locations. In addition there are cities in California that are less desirable, sellers in these areas need to understand that their practice may take longer to sell. In regards to the income that is produced from the practice lower grossing practices will often take longer to sell. The lease terms may also be a problem if the seller did not take their time when negotiating their lease. If the lease is higher than market value many buyers will not look at those practices.
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