We’re often asked how long it takes to sell a dental practice. The honest answer is that the speed of a sale depends on several factors, such as the level of interest we receive once the sale process starts, whether a buyer already has funding in place through to the speed which the seller completes their due diligence.
Some sales more forward quicker than others such as the practice sale we recently handled of a two surgery, leasehold practice in North London – this one literally flew off the shelf!
The sale offered a great business opportunity to potential buyers and as soon as it was launched to the market, we received a significant amount of interest.
As a result of this and the Frank Taylor & Associates model for selling a dental practice, the seller accepted an above asking price offer within just four weeks and was delighted that things were able to move forward so quickly.
It is important to note that each sale is unique and cannot be predicted until it is in progress.
If you want to discuss valuing your practice and selling on the open market, please get in touch.