Expansive Wyoming General Practice for Sale

New to the market is an exciting practice in Northeast WY for sale. The practice is located in a free-standing building with over 4,600 square feet to work with. Additionally, the real estate is also for sale. The current doctor has practiced in the community for over a decade and therefore is open to affiliating with a group or a straight buy-out to an individual. The practice is well established and has a strong patient base with over 50 new patients per month!

For an overview of this excellent practice, read below: 

  • 8 fully equipped operatories
  • Collections over $2.4 million
  • Adjusted EBITDA of $540,000
  • Nearly 3,000 active patients
  • Real estate opportunity

Northeast Wyoming is a destination of outdoor enthusiasts of all kinds. The area has great access to the rest of the world via Interstates 90 and 25. This is a land of wide open spaces, abundant wildlife, brilliant blue skies and some of the friendliest people you could ever hope to meet. Additionally, the area is ideally situated near some of nation’s most popular monuments. Devil’s Tower National Monument, Yellowstone National Park and Mount Rushmore are all easy trips. Finally, WY is among the best funded and supported K-12 schools in the nation.

Ready to learn more and review the prospectus? Contact Kaile Vierstra with Professional Transition Strategies via email: kaile@professionaltransition.com or give us a call: 719.694.8320. We look forward to hearing from you!

 

Robust Pittsburgh, PA Endodontic Practice for Sale

New to the market is a solid endodontic practice just outside Pittsburgh, PA! This practice is prime for growth and has a strong patient base with 1,500 active patients. Located in a multi-story office building with over 2,200 square feet. The practice is located in a neighborhood just minutes from downtown. The current doctor has practiced in the community for over four decades and is ready to retire; passing the torch of great goodwill to the next dentist.

To learn more about this endo practice in Western PA, read below: 

  • 6 operatories
  • Collections of nearly $800,000
  • Adjusted EBITDA of $75,000
  • Great location in greater Pittsburgh neighborhood
  • Robust referral base and strong growth opportunity

Pittsburgh is experiencing an influx of young families. Affordable living, low crime, easy commutes, top-tier schools and sporting events- all reasons to call Western PA home! It’s research hospitals, educational institutions and cultural attractions provide a high quality of life. Local parks, open spaces and green architectural sites contribute to a variety of outdoor recreation. Walk-able and bike friendly, with a welcoming sense of community, Pittsburgh is one of the best places to live and work!

Pittsburgh, PA is experiencing a revitalization with it’s passionate sports fans, influx of tech companies and outstanding foodie scene- don’t wait on this practice! To learn more, contact Kaile Vierstra with Professional Transition Strategies. Email anytime: kaile@professionaltransition.com or give us a call: 719.694.8320. We look forward to hearing from you!

Premier Greater San Diego General Practice (Offer Pending)

New to the market is a premier general practice in Southern California. The practice is based in a highly desirable community north of San Diego. Located in professional office park, the practice has been recently remodeled. The current doctor is interested in affiliating with a group and continuing to practice, long term.

For an overview of this top notch practice, read below: 

  • 7 fully equipped operatories
  • Collections of $2.7 million
  • Adjusted EBITDA $440,000
  • 4,200 active patients
  • 50-60 new patients per month

San Diego’s mild climate, miles of beaches, fun attractions and great schools make the city one of America’s best places to live. This is a practice you won’t want to miss! To learn more and receive a copy of the prospectus, please email: kaile@professionaltransition.com or call: 719.694.8320. We look forward to speaking with you!

General Practice for Sale in Ozarks of Southwest MO (Offer Pending!)

New to the market is a top notch general practice in the southwest region of Missouri. The current doctor is interested in bringing on a partner or affiliating with a group to maintain the long term, continued growth of the practice. With nearly 5,000 active patients, the practice is only growing year after year! Additionally, the expansive real estate in a professional office park is for sale.

For an overview of this excellent practice in Missouri, read below: 

  • 8 fully equipped operatories
  • Expansion opportunity for additional op
  • Collections of $1.7 million
  • Adjusted EBITDA $250,000
  • SDE $600,000
  • Real estate opportunity

The southwest region of Missouri is known for it’s low cost of living and highest bang-for-your-buck. Springfield is major draw for the region and is rooted in the celebration of family and friends. You’re never far from one of Missouri’s many lakes or rivers for water sports and fishing. The Ozarks are quickly becoming one of the premier mountain biking destinations in the country. There is always an adventure to find in the area!

Ready to learn more about this general practice in SW Missouri? Email Kaile Vierstra with Professional Transition Strategies: kaile@professionaltransition.com or give us a call: 719.694.8320. We look forward to hearing from you!

Dallas Fort Worth, TX General Practice (Under Contract!)

New to the market is an excellent general dental practice in the the greater DFW area. The practice is located in a popular retail center with easy access and parking. Additionally, the practice is gorgeous with a recent remodel in 2018. The current doctor is open to staying on for a smooth transition. With twenty to thirty new patients per month, you’ll be busy from day one!

For an overview of this premier dental practice in north DFW, read below: 

  • 5 operatories
  • Collections of $1.45 million
  • Adjusted EBITDA $245,000
  • Over 1,700 active patients
  • ~25 new patients per month

The Dallas Fort Worth suburbs are a family oriented community that pride themselves on maintaining a small town atmosphere, while embracing economic development. Know your neighbors, attend Friday night football games and have the kids attend some of the best schools in the state. All while enjoying quick and convenient access to DFW, the International Airport and countless recreational opportunities.

Ready to learn more? Contact Kaile Vierstra with Professional Transition Strategies via email: kaile@professionaltransition.com or give us a call: 719.694.8320. We look forward to hearing from you!

“Professional Transition Strategies Welcomes Matt Zolfo to Transitions Team”

Zolfo’s Deep Expertise in the Dental and Healthcare Sector Is an Asset for Dentists Who Are Selling Practices

COLORADO SPRINGS, Colo.Oct. 20, 2020 /PRNewswire/ — Professional Transition Strategies (PTS), a company that represents dental practice buyers and sellers and offers brokerage and practice consulting services, today announced that Matt Zolfo has joined the team as a mergers & acquisitions consultant. Zolfo will use his decade and a half of experience in the dental and healthcare sectors to maximize returns for dentists and dental groups that are selling practices.

A graduate of Baylor University who is based in the Dallas-Ft. Worth area, Zolfo began his career helping dentists realize their dream of opening a new practice or expanding operations when he served as a business development, infrastructure and technology consultant at Henry Schein. Over his 14 years with that company, Zolfo was instrumental in setting up approximately 850 practices and gained valuable experience with practice expansions and dental service organization (DSO) operations.

More recently, Zolfo directed strategic initiatives at Simplifeye, driving company growth through healthcare technology and leading product development projects. At both organizations, Zolfo gained insight into how the business of dentistry and healthcare is evolving as well as the skills needed to facilitate growth and maximize value in a landscape increasingly driven by private equity investment and practice consolidation. This experience makes him uniquely qualified for his new role at PTS.

“Matt has proven over his career that he is a force of nature in the dental world by fostering trust with the hundreds of doctors he has worked with,” said Kyle Francis, founder and president of PTS. “I am excited to see him translate that trust and experience into the creative and profitable strategies that PTS offers all of our clients!”

Zolfo notes that heightened private equity interest in the dental industry is driven by the realization that it is a stable and lucrative sector. Although the practice transition industry is growing to match increasing demand, PTS stands out because it was founded on the principle that there’s more to transition than buying and selling. As a full-service practice transition company, PTS partners with dentists to streamline and systemize business operations to maximize practice value.

“I’m excited to join PTS because Kyle has built a truly unique company,” Zolfo said. “I’m focused on making sure dentists get a fair valuation, which requires expertise in investing, and ensuring that the buyer is a great fit for the seller. Having had the joy and privilege of helping dentists and groups open new practices at the beginning of my career, it’s gratifying to assist dentists who are selling practices, a fitting bookend, to maximize practice value for dentists who work with PTS to transition their practices.”

“Professional Transition Strategies Welcomes Matt Zolfo to Transitions Team”

Zolfo’s Deep Expertise in the Dental and Healthcare Sector Is an Asset for Dentists Who Are Selling Practices

COLORADO SPRINGS, Colo.Oct. 20, 2020 /PRNewswire/ — Professional Transition Strategies (PTS), a company that represents dental practice buyers and sellers and offers brokerage and practice consulting services, today announced that Matt Zolfo has joined the team as a mergers & acquisitions consultant. Zolfo will use his decade and a half of experience in the dental and healthcare sectors to maximize returns for dentists and dental groups that are selling practices.

A graduate of Baylor University who is based in the Dallas-Ft. Worth area, Zolfo began his career helping dentists realize their dream of opening a new practice or expanding operations when he served as a business development, infrastructure and technology consultant at Henry Schein. Over his 14 years with that company, Zolfo was instrumental in setting up approximately 850 practices and gained valuable experience with practice expansions and dental service organization (DSO) operations.

More recently, Zolfo directed strategic initiatives at Simplifeye, driving company growth through healthcare technology and leading product development projects. At both organizations, Zolfo gained insight into how the business of dentistry and healthcare is evolving as well as the skills needed to facilitate growth and maximize value in a landscape increasingly driven by private equity investment and practice consolidation. This experience makes him uniquely qualified for his new role at PTS.

“Matt has proven over his career that he is a force of nature in the dental world by fostering trust with the hundreds of doctors he has worked with,” said Kyle Francis, founder and president of PTS. “I am excited to see him translate that trust and experience into the creative and profitable strategies that PTS offers all of our clients!”

Zolfo notes that heightened private equity interest in the dental industry is driven by the realization that it is a stable and lucrative sector. Although the practice transition industry is growing to match increasing demand, PTS stands out because it was founded on the principle that there’s more to transition than buying and selling. As a full-service practice transition company, PTS partners with dentists to streamline and systemize business operations to maximize practice value.

“I’m excited to join PTS because Kyle has built a truly unique company,” Zolfo said. “I’m focused on making sure dentists get a fair valuation, which requires expertise in investing, and ensuring that the buyer is a great fit for the seller. Having had the joy and privilege of helping dentists and groups open new practices at the beginning of my career, it’s gratifying to assist dentists who are selling practices, a fitting bookend, to maximize practice value for dentists who work with PTS to transition their practices.”

Greater Albany, NY General Practice for Sale

If you’ve been considering an eastern New York state practice- this is the practice you’ve been waiting for! The current doctor is highly regarded in the community and has been practicing for 40 years. They are, therefore interested in bringing on a partner or affiliation with a group to continue the growth of the practice. The dental office is located in a charming, free-standing building with 2,800 square feet and ample parking for patients.

For an overview of this busy practice in NY, read below: 

  • 6 fully equipped operatories
  • Collections of $1.02 million
  • Adjusted EBITDA over $250,000
  • Real estate opportunity
  • 4,000 active patients

Albany, NY is known for it’s farm to table, craft breweries and performing arts centers. Located 150 miles north of NYC the city is the state capital and midway point between the Hudson Valley and Adirondack Mountains to the north. The region is a springboard for foodies and outdoor enthusiasts alike, due to it’s proximity to the state’s wine region and the Berkshire Mountains to the east.

Ready to learn more and review the prospectus? Contact Kaile Vierstra with Professional Transition Strategies via email: kaile@professionaltransition.com or 719-694-8320. We look forward to hearing from you!

New feature: book a call directly with the broker, Kyle Francis.

PTS is working with additional practices in the region. See below for other opportunities:

How to Navigate the Negotiation Process of a Dental Practice Transition

A dental practice transition shouldn’t be taken lightly, no matter which side of the contract you’re on. In fact, this is your chance to stand up for what you need in order to move forward with this next phase of your life. After all, you’ll want to set yourself up for success, whether you’re buying your first dental practice or selling your business for the last 20 years. Here’s how to navigate the negotiation process of a dental practice transition.

Representation

As part of the negotiation process, both the buyer and the seller will each have their own broker to act as a fiduciary for the best interest of their party to negotiate on behalf of. Another option is a transaction broker that does not have fiduciary for buyer or seller but instead acts as a neutral resource to help both parties complete a transaction.

Letter of intent

When a letter of intent is reviewed with the seller’s broker, within five days, a response is expected. In addition to the options to accept counter-offer in terms of price, closing date, and more, many sellers will want to include an employment contract as part of the negotiation, though most states won’t allow it. Also, declining the offer doesn’t mean the seller won’t accept another offer but rather they don’t want to negotiate, so think twice before laying those terms on the line.

Negotiation

The negotiation process doesn’t have to include a lot of papers back and forth over the course of five days. Rather, it is a conversation between broker and seller and broker and buyer. The goal is to come up with terms that are amenable to all parties. Once the terms are reached, both parties sign the LOI, and the due diligence process begins.

Contracts

Over the course of 30 days, the buyer and seller will enter into a series of documents detailing the transaction, including the purchase agreement, which goes into the specifics of both hard and soft assets. As part of this agreement, asset allocation is the way the purchase price is divided up as a negotiation between the buyer and the seller.

What’s next?

Contact the experts at Professional Transition Strategies for more information on the negotiation and entire dental practice transition process.

How to Navigate the Negotiation Process of a Dental Practice Transition

A dental practice transition shouldn’t be taken lightly, no matter which side of the contract you’re on. In fact, this is your chance to stand up for what you need in order to move forward with this next phase of your life. After all, you’ll want to set yourself up for success, whether you’re buying your first dental practice or selling your business for the last 20 years. Here’s how to navigate the negotiation process of a dental practice transition.

Representation

As part of the negotiation process, both the buyer and the seller will each have their own broker to act as a fiduciary for the best interest of their party to negotiate on behalf of. Another option is a transaction broker that does not have fiduciary for buyer or seller but instead acts as a neutral resource to help both parties complete a transaction.

Letter of intent

When a letter of intent is reviewed with the seller’s broker, within five days, a response is expected. In addition to the options to accept counter-offer in terms of price, closing date, and more, many sellers will want to include an employment contract as part of the negotiation, though most states won’t allow it. Also, declining the offer doesn’t mean the seller won’t accept another offer but rather they don’t want to negotiate, so think twice before laying those terms on the line.

Negotiation

The negotiation process doesn’t have to include a lot of papers back and forth over the course of five days. Rather, it is a conversation between broker and seller and broker and buyer. The goal is to come up with terms that are amenable to all parties. Once the terms are reached, both parties sign the LOI, and the due diligence process begins.

Contracts

Over the course of 30 days, the buyer and seller will enter into a series of documents detailing the transaction, including the purchase agreement, which goes into the specifics of both hard and soft assets. As part of this agreement, asset allocation is the way the purchase price is divided up as a negotiation between the buyer and the seller.

What’s next?

Contact the experts at Professional Transition Strategies for more information on the negotiation and entire dental practice transition process.