Selling Your Practice

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8 Steps to Success

when Selling Your Practice

Step 1

Personal Meeting

  • Call us or fill out the contact form below and a member of the team will reach out to schedule a one-on-one meeting with you to discuss next steps. 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 3

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 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 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 sellerbuyer meetings.
Step 6

SellerBuyer Meetings

  • The sellerbuyer 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 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 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.
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Step 2

Practice Snapshot

  • Simply complete this practice snapshot 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 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 6

SellerBuyer Meetings

  • The sellerbuyer 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 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.

Questions?

We are happy to discuss your transition needs and clarify any questions you may have.  Please reach out to us via the form below or call us at 844-522-7100.  We are looking forward to discussing your transition project.

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