Are you considering chiropractic practice sales? Maybe you are thinking of moving on to bigger and better things and want to buy or sell a practice. Great news! Our team has years of experience in this area.
You might be confused on where to start. There are so many things to consider. Is this the right choice for you? Where do you want to locate? What about your current practice members?
To help you answers some of the questions you might have about chiropractic practice sales, I have some great tips for the selling and buying of chiropractic practices.
Chiropractic Practice Sales Tips:
1.Tips for Buying a Practice
- Find out the terms of the lease you are assuming
- Considered if it is still fair market value
- What kind of patients does the practice treat? Are these the type of patients you would normally be trying to attract?
- Consider the facilities or the equipment. Will it need upgrading?
- Consider if the purchase price based on an evaluation
2.Tips for Selling a Practice
- Have a practice evaluation completed (Quest can help with this)
- What is the plan for current staff? Has this been communicated
- Have a plan for what will happen once the practice is sold
We are well appointed to offer support to your plans of practice sales and purchases. Our extensive network keeps us in touch with the trends in the profession as well as current practice values. Contact us for a free consultation if you want a hand in chiropractic practice sales
