Services
and Pricing
Learn if we’re a good fit to work together. See exactly how our process is different, and how we can charge less than 1/2 the typical broker.
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Services and Pricing
- As coaches, we DON’T charge a percentage of the deal price. We big fans of knowing how much you’re going to pay BEFORE going into an engagement.
- The maximum you’ll pay is a capped flat rate with an hourly rate up to that amount.
Our clients tend to need help with:
1.
Valuing the Practice
2.
Finding a Buyer
3.
Negotiating and closing the deal
Choose 1 or all 3 ala carte options:
Valuing the Practice
Includes
- Create a 35-40 page buyer-facing document to show the practice in it’s best light including photos, demographics, strengths, weaknesses and opportunities for a buyer. Show a valuation and show
- Full valuation for the practice using multiple valuation methods.
- Cash flow projections for a buyer to highlight how much annual income a buyer will make buying your practice.
Timing
-
Roughly 2 weeks to complete
Payment Structure
-
Payment of 1/2 upfront, 1/2 upon completion
Payment Amount
- $5,000 Total
Finding a buyer
Includes
-
Posting the practice online in best places to find buyers
-
Filtering buyers & sending applicable NDAs
-
First-line of defense on phone calls with buyers. Answering buyer process questions. Schedule in-person visits.
- Ensuring confidentiality
Timing
-
6 Month Exclusive Contract
Payment Structure
-
Billed upon receipt of LOI or termination of contract
Payment Amount
- $200/hr capped at $15,000
Negotiating and Closing the Deal
Includes
-
Creation of and negotiations around the official offer and letter of intent
-
Hand holding buyer through due diligence
-
Protection for pitfalls, mistakes legal issues
- Ensuring tax savings and education to all parties, including seller’s CPA/lawyer
- Bringing right experts to the table at the right time – lawyers, bankers, insurance specialists, equipment reps, etc
- Coaching staff and seller through transition, including timing and messaging
Timing
-
Typically about 60 days, but as long as it needed.
Payment Structure
-
Billed at closing
Payment Amount
- $200/hr capped at $15,000
Who We Work With
We’re able to charge far less than the going rate for brokerage/coaching services because we’re selective about whom we work with. Do you fit our client criteria?
- We work anywhere in the USA – all 50 states.
- We only work with sellers who meet the following criteria:
- Selling a single location
- Collect $750,000+ per year
- Are selling 100% or 50% of their business (to a future partner)
- Will work with a dental-specific attorney
Who We DON’T Work With
We’re not a perfect fit for everyone. We’ve found we can offer the best service and pricing for clients who fit our business model. Those who don’t fit our business model well include:
- Practices collecting less than $750,000 per year
- Multi-location sales
- Jerks
Why We Charge This Way
We allow our clients the choice and flexibility to only pay for what they need.
By limiting the types of clients we take on, we can streamline our processes and pass the value on to you.
By being selective about our clientele, buyers know that our listings are for “good” practices. Buyers tend to want to pay more and negotiate less for practices listed with us due to our reputation.
We charge a flat, capped, hourly rate because that’s how we’d want to pay if we were in your shoes. If YOU make our job easy by being prepared and organized with an easy business to value, match and sell, you shouldn’t be penalized with higher fees because WE zoomed through the work.
Our maximum fee is $35,000 – that’s 4.67% of our minimum practice size of $750,000, much less than the going rate in the dental transitions community.
By working nationwide, we expand the pool of potential buyers for your practice
By working nationwide, we can price your practice more effectively through exposure to national pricing trends and comparable practices similar to yours in other parts of the country.
Frequently Asked Questions
Q: Can I just hire you for one or two of the phases?
A: Absolutely. Hire us only for what you need.
Q: What if hire you for only one or two services, but then need more or less later?
A: You’ll only pay for the services you use. If you don’t use a service, you won’t pay for it. If you need more help than you originally thought, you can add it on later.
Q: I really want to hire you, but my practice doesn’t collect your minimum $750,000. Will you still take me as a client?
A: No. We know several great brokers that would be a better fit to help you sell your practice and we’ll be happy to get you to the best person in your area.
Q: Do you only work with GPs? I’m a Specialist – can you help me?
A: Absolutely. We’ve helped all different types of specialists sell their practices and would be honored to help.
Schedule a Call
We want you to feel confident as we guide you through the process of selling your dental practice faster and for a better value. Don't waste time and money - let us show you how to sell your dental practice today.
(801) 304-3302 Schedule a call