There comes a time in every dentist’s life when it may be time to sell their dental practice in California. Here are three ways you will know it is time to sell.
It Is Time to Retire
Sometimes, it is just time to retire. Professional dentists do not necessarily retire because they have reached that age. Family plays a role, too. If you have grandchildren, maybe you would like to spend more time with them. After serving the community for as long as you have, maybe you would like to enjoy your life with your spouse. Selling your dental practice in California is one way to fund retirement.
The Market Is Favorable
In real estate, sometimes the market is favorable for sellers. Other times, it is favorable for buyers. The business market for dental practices operates in the same manner. If the market is in favor of you selling your practice, nothing is lost by exploring your options. If you have built up your office, you can take pride in knowing that it could sell for a positive amount. Plus, it gives the next generation a solid foundation to get their start on.
You Receive an Offer
There are times when an offer is presented to you without you having asked. Whether it is your practice’s reputation or something else, if an offer is presented, there is no reason to not explore it for informational purposes.
For more information or to sell a dental practice in California, visit Western Practice Sales.
