Archive for October, 2015

Dental Practice Values Around the Country

Tuesday, October 20th, 2015

Oftentimes, potential purchasers refer to articles that they have read, stating that most dental practices that are for sale should not be worth more than 60-65% of last year’s gross revenue. This is an incorrect assumption, in general, as dental practice values can vary anywhere between 40% and 100% of the last year’s gross receipts based on the location of the practice. There are many other factors that can impact a dental practice’s value. In addition to location, other key factors that also influence practice values also include:

  • Area Demographics
  • Practice Facility
  • Patient Base
  • Economic Variables
  • Practice Overhead

 

In the end, the practice’s value is not all about what has been reported on tax returns, but those key factors I have just presented,  especially your practice’s location,  will  have a major influence on what the dental practice is truly worth.

To read the article in its entirety, please visit:  bit.ly/1NeBdlu

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Dr. Thomas L. Snyder is a nationally known speaker, author, consultant and Director of Transition Services of Henry Schein Professional Practice Transitions, who has been advising dentists for more than 30 years in areas relating to practice transitions, strategic planning, practice and financial management. Dr. Snyder received his DMD from the University of Pennsylvania’s School of Dental Medicine and his MBA from The Wharton School of Business.