Dental Practice Valuation
Dentists require dental practice valuation for a variety of reasons, including:
- Retirement planning—Will the sale of your dental practice, in concert with other assets and annuities, provide you with a comfortable retirement?
- Net worth knowledge—You've worked hard for a long time. What is the financial conclusion of all your hard work?
- Divorce—What is your part in a potential settlement, and what role does your practice's worth play?
- Estate planning—What is your estate worth?
- Expansion planning—Is it financially feasible to open a second location?
- Downsizing—Are you considering selling one location and keeping another?
- Partnership status—Are you considering buying out a partner or adding one?
- Dental practice sale—What is the market value of your dental practice?
The Wiederman, Madurowicz, & Potter team has experience evaluating many types of practices—from single ownerships to partnerships and multi-location clinics. Because we have more than three decades of experience, the valuation process is fast and straightforward.
In the end, we can let you know the market value of your practice as it stands and recommend a sale price should you choose to sell. We are also available throughout the valuation, and after, to answer any questions you may have.
How Dental Practice Valuation in Southern California Works
When valuing your dental practice, we consider the current market and many specifics about your brand.
When it comes to valuing a business, many myths abound, but the starting point will always include:
- Cash flow
- Investment risk
- Buyer return on investment
Of course, these are starting points, but there is far more to consider, including the current market climate and the true definition of investment risk.
There are also different methods for valuing a business, including your dental practice. Examples include income-based valuation, market-based approaches, or net asset models. A member of our team will use the best formula to arrive at an accurate market value for you.
Selling a Dental Practice in Southern California
Selling your dental practice is a big decision, right up there with the resolution to buy your clinic all those years ago. However, once you've dealt with the emotional aspects of retirement or selling, you want to make sure your dental practice is priced right and that it will give you the best potential return.
Unfortunately, dental CPAs and brokers encounter many dental professionals who have a skewed view of their practice's worth. And these views can go either way—from overestimating to underestimating a clinic's market value.
Fortunately, we are here to help!
Contact Wiederman, Madurowicz, & Potter Today
Our dynamic team works exclusively with dentists and can help you through the successful sale of your practice or career transition. So give us a call today at (714) 259-0501 to learn more.
Proudly serving many locations, including but not limited to San Diego, Orange, Riverside, San Bernardino, Ventura, and LA Counties.
