Practice Transition for Sellers : KLAS Solutions

Selling

Why partner with KLAS for your transition?

Experience, Integrity, Process & Results
  • We have a team of dental industry professionals who have the experience and network reach to get your practice sold
  • We concentrate on a Fair Market Transition where buyer/seller have like minded philosophy, and business values
  • We strive for a transparency in order to have a non-negotiated and stress free transition
  • We make sure that seller/buyer’s emotional, personal and financial needs are met with the transition
  • We provide multiple types of valuations.
Sold!

Why partner with KLAS for your transition?

Experience, Integrity, Process & Results
  • We have a team of dental industry professionals who have the experience and network reach to get your practice sold
  • We concentrate on a Fair Market Transition where buyer/seller have like minded philosophy, and business values
  • We strive for a transparency in order to have a non-negotiated and stress free transition
  • We make sure that seller/buyer’s emotional, personal and financial needs are met with the transition
  • We provide multiple types of valuations.

THE KLAS Difference

We are results Driven.  Here is what sets us apart from the rest...

  • You will be surrounded by trusted experts with integrity
    We work with partners in all facets of dental practice transitions and management to ensure we are able to support you whenever you need us
    Some transition companies are solely focused on the real estate side and really do not understand the business of dentistry and how that plays into the process of finding the right buyer and getting the most out of the time and investment you've made
  • We engage in respectable deals only
    We want Seller and Buyer to have long lasting rapport and trust through transparency. We encourage Buyers to have good due diligence to mitigate dismay at the 11th hour
    The Industry norm is to push deals through quickly without Buyer’s proper due diligence or even legal representation. This can create tremendous liability for both Seller and Buyer; not to mention Buyer’s “cold feet” at the final hour.
  • Lower fee structure than our competitors
    Our fee is 8% for the practice, 6% if buyer is in place. KLAS provides the most favorable and fair fee structure in the industry. Equating to tens of thousands in savings to you.
    Industry standard is to receive referral points; however, his obscures judgement of matching the appropriate expert for the Seller or Buyer’s needs.
  • Zero retainer or deposit fees
    Put simply, more money in your pocket when you partner with KLAS when buying your practice
    The industry often charges $3k-$5k and up to as much as $10k just to engage Practice Transition services on the front end. Many will keep the retainer if a transaction does not occur.
  • We operate with integrity and do not accept payment from any vendor
    All referral partners are cautiously vetted for expertise and service related value add only
    It is unlawful to accept payment without disclosure. We choose not to engage in such practices and perform all of our transactions with integrity and get the job done using our knowledge of the industry and trusted partners with the same core values as us
  • We market our practice to qualified buyers only
    We vet and then interview qualified buyers to ensure the right match and minimize risk of the deal not going through
    Some competitors just want to close deals fast to get the commission regardless if it is a right fit for both sides
  • 100% of the transition process is managed by our team
    We offer white glove service and will guide you through the process from start to finish
    Trust us with helping you purchase a practice and you will not be disappointed with the results
  • You will be surrounded by trusted experts with integrity
    We work with partners in all facets of dental practice transitions and management to ensure we are able to support you whenever you need us
  • We engage in respectable deals only
    We want Seller and Buyer to have long lasting rapport and trust through transparency. We encourage Buyers to have good due diligence to mitigate dismay at the 11th hour
  • Lower fee structure than our competitors
    Our fee is 8% for the practice, 6% if buyer is in place. KLAS provides the most favorable and fair fee structure in the industry. Equating to tens of thousands in savings to you.
  • Zero retainer or deposit fees
    Put simply, more money in your pocket when you partner with KLAS when buying your practice
  • We operate with integrity and do not accept payment from any vendor
    All referral partners are cautiously vetted for expertise and service related value add only
  • We market our practice to qualified buyers only
    We vet and then interview qualified buyers to ensure the right match and minimize risk of the deal not going through
  • 100% of the transition process is managed by our team
    We offer white glove service and will guide you through the process from start to finish

8 Steps to Success

Turning your purpose into prosperity

Step 1
Personal Meeting
Call us or fill out our online contact form and a member of the team will reach out to schedule a one-on-one meeting with you to discuss next steps and answer any questions. Besides finding the perfect buyer for your practice, making the entire process as smooth and stress free for you is our primary goal. We surround you with dental specific partners to help you in all aspects of the transition.
Step 1
Step 2
Complete Practice Snapshot
A link to the practice snapshot form is available at the bottom of this page for your convenience. Simply complete this form and we will review your information and respond promptly. Collecting your practice details is a vital part of the buyer matching process. The more thorough and accurate it is the better the result will be in the end.
Step 2
Step 3

Secure a Practice Valuation
There are several popular methods used to determine the valuation of a practice. It is important to understand all the relevant factors taken into account so you are ensured to get an accurate assessment that maximizes your return while also making sense from a buyer perspective. We will walk you through this process and make sure the proper expectations are set so there are no surprises for you or the buyer.
Step 3
Step 4
List & Market Practice
Once all agreements are in place we will immediately begin the search. Now the fun begins! It is an exciting time for all involved and we will use all of our available resources to find the perfect buyer for your practice!
Step 4
Step 5
NDA & Buyer Interviews
The KLAS team will handle the preliminary buyer interviews and narrow down the list to the optimum potential buyers before scheduling the seller\buyer meetings.
Step 5
Step 6
Seller\Buyer Meetings
The seller\buyer meetings are important to ensure that both parties can get their questions answered, are a good fit for each other and are in lock-step on the way to closing.
Step 6
Step 7
Draft & Review Sale Agreement
Here is where the i's are dotted and the t's are crossed. Final questions are answered, negotiations completed, financials reviewed and legal redlines finalized before the big day.
Step 7
Step 8
Closing & Transitioning
Yes! We made it. Congratulations! See, this is what we mean by being results driven. Here are those results!  The KLAS team manages 100% of the process so you will never feel alone and without answers. We will be there from start to finish and beyond, whenever you need us.
Step 8

Transition Success Stories

Personal Service, Professional Processes, Guaranteed Results

"Thank you is the least I can say for the personal and professional service you have provided to me during this transitional period in my life. Phil, you are definitely a man of integrity, driven to provide professional help in all areas of concern."

Paul L Lewis
D.D.S.

"Phil is always available to answer our questions and guide us through the process. He came back on the day of the practice close and continues to check in with us.
I am are very happy with our decision to work with Phil and highly recommend him."

Stephen A. Novak
D.D.S.

"Thank you for making my retirement dream come true! On the recommendation of several people I contacted you...You gave me reasonable expectations on how long it would take to find a buyer for a small town practice and you delivered."

Karen Gougeon
D.D.S.

(Part 2 of Recommendation) "Selling a practice is stressful...Phil, you handled all aspects of my practice transition with a comprehensive, friendly and professional approach. I recommend Phil Cole with total trust."

Paul L Lewis
D.D.S.

(Part 2 of Recommendation) Within 3 months of making the decision to work with Phil, I had 3 different offers on my practice...he guided us towards the company that offered everything we had asked for..."

Stephen A. Novak
D.D.S.

(Part 2 of Recommendation) "...you kept us informed on a regular basis on marketing strategies, prospective buyers... When you did find the perfect buyer, you worked hard to make sure that both parties were happy with the sale..."

Karen Gougeon
D.D.S.
A message from Phil

Phil Cole, Founder

Thank you for considering KLAS...

Selling a practice can be an emotional time - you have worked so hard to build something you are proud of, you have created jobs for people to earn a living, and you have devoted your service to copious amounts of dental patients. KLAS Solutions realizes that this moment in time may lead to anxious nerves, but our team is here to make the entire process of selling a practice calming and transparent.

We will establish your financial needs, establish your personal needs and offer an extensive valuation in order to establish a fair market value. In order to go above and beyond, we will also help with real estate sales and lease negotiation.

When you work with KLAS Solutions, you can guarantee an invaluable experience from the very beginning to the very end - ensuring that the seller has reached their goals and the buyer has a practice of their dreams.

Let's find a buyer!

Call us at 989-233-4200 or click below

Practice Transition Snapshot

Completing this form is a critical part of the selling process.
The more accurate and complete the information the better we can match you with the perfect buyer.

Access Form
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