Selling Dental Practice - Sell My Dental Practice

Preparing for the sale of your practice requires gathering together pertinent information on your practice. Below is a general outline of what you will need to gather together to take the practice to market and to properly assess it for a sale. Be sure to contact Casey Grimes at 1-501-575-7215 or by email at casey.grimes@cbiteam.com so he can answer any questions pertaining to this material and the process.

To prepare your practice for sale:

Have an initial, free, no-obligation meeting with Casey Grimes of the CBI Team.
Assemble the below necessary information:
- 3 years of tax returns for the practice
- 3 years of Profit and Loss (P&Ls) statements for the practice
- A current balance sheet
- A year to date profit and loss statement with results for the same period of the previous year. The comparison helps understand practice trends in collections and profitability.
- A list of Equipment used in the practice with approximate Fair Market Value estimate for each piece.
- Dollar amount of on-hand, sellable inventory at your cost
- Copies of any certified business appraisals and/or real estate appraisals
- Copies of any real estate or equipment leases
- A list of key employees with information about each one

When you have this information gathered for Casey, he will review it in detail and meet with his team to generate some initial questions for you in order to best understand and assess your practice. A time will then be set to meet with and interview you about your practice. Once the interview is complete, Casey will help you make the best decision about your practice and show you how the CBI TEAM can best help you. This initial review of your practice is a free service provided by Casey Grimes and the CBI TEAM.

Good planning for the sale of your practice can maximize the sales price but, even more importantly, can you help you keep more of the money from the sale.

Dr. Blaine Leeds

“The CBI Team made our business sale and transition as painless as possible. Everything was well organized and spelled out from the beginning regarding our arrangement and they got us in front of many more potential buyers than any other group with which I've worked. They were prompt, quick to help, and always communicated well throughout the process.”
Dr. Dee Tucker

“It was a pleasure working with the CBI Team on selling my practice. They got us organized right away with a list of information needed, found a buyer quicker than expected and I got the deal I needed. They are friendly, professional and is on the job from day one.”
Dr. Tim Kauffman

“Everyone on the CBI Team were excellent to work with. I highly recommend anyone selling a dental practice to use the CBI TEAM to help them accomplish this goal.”
Dr.Joe Barker

“It took lots of hard work to make it all happen and you were very professional. Thank you to you and your team.”
Dr. Jerry Sparrow

“I was fortunate to find CBI Team. They were instrumental in finding the right professional for my area and allowed me to retire with the satisfaction of knowing that my practice and patients are in good hands. My wife and I highly recommend the CBI TEAM”
Dr. Paul Fitzgerald

“Everything was taken care of very completely and very timely. It couldn’t have been any easier for us.”
Dr. Brittany Stroope

“The CBI Team did a great job of answering all of my questions and helping me through the process.”
Dr. Scott Taylor

“I believe our money was well-spent in hiring the CBI Team—people who knew what they were doing from the outset and were eager to get the task accomplished.”
Dr. Stacey Swilling

“If you are thinking about selling your dental practice, look no further than CBI Team. From day one of working with them they were responsive, hard-working and got quick results in helping me sell my dental practice.”
Dr. Peter Jeppsen

“I can’t recommend The CBI Team enough. Not only did they talk the talk, they walked the walk. I was under contract within three days with a qualified buyer and we sold it for more than asking price.”