Associate Dentist to Owner Podcast
๐ Free Download: Practice Evaluation Checklist https://practiceown.com/pdf [https://practiceown.com/pdf] I recently helped a dentist save $161,000 on their dental practice acquisition. In this video, I walk through exactly how we did it, from negotiating $100,000 off the purchase price to saving over $60,000 on financing. When you're spending a million dollars, small decisions can make a massive difference. What we cover: - How we found the right practice after 3-4 months of looking - Why we offered $100K below asking price (and the seller accepted) - How time on market gives you negotiating power - Saving $60,000 by switching to the right bank - Why you should never just use one lender - A separate client who saved $500,000 on their purchase price - Why you need someone on your side during this process ๐ผ Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations. https://practiceown.com [https://practiceown.com] ๐ฌ Questions? Reach out directly: chris@practiceown.com [chris@practiceown.com] 0:00 Intro 0:21 How the Process Started 1:20 Looking at the Broker Packet 2:48 Local Market Knowledge and Fair Pricing 3:28 Offering $100K Below Asking Price 5:40 Saving $60K by Switching Banks 7:33 This Is Extremely Common 8:07 A Client Who Saved $500,000 9:22 Don't Do This Alone
83 episodes
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