Note to Buyers: If you are interested in purchasing a practice listed with us, you are not obligated to retain us for transition services. Likewise, you are not obligated to pay us any fee unless you choose to hire us to assist you with the transition. Choosing not to retain us will in no way affect your ability to review and purchase a practice listed with us.

Fee and Options Schedule for Buyers

Practice / Associate Locating

Finding practice acquisition and/or advertising mediums, such as direct mail solicitations & journal classified listings

Compensation:  Direct Reimbursement of associated costs (any amount paid is credited toward transition consulting fee)

Practice Transition Consulting

  • Review of Existing Practice Appraisal (if any)
  • Complete a cash flow analysis of the practice and generate a financial proforma statement
  • Provide guidelines for due diligence evaluations Negotiate terms of sale with seller
  • Draft letter of intent (offer to purchase)
  • Line up financing options
  • Arrange for required insurance
  • Provide agenda and instructions for transition meeting with staff
  • Draft patient transition letter
  • Produce transition contracts
  • Negotiate terms of transition contracts
  • Consult with your accountant regarding tax implications, strategy and business entity selection
  • Assist with business identity organization
  • Arrange for assignment of office lease or establish new office lease agreement
  • Provide transition guidebook and closing checklist
  • Produce closing settlement statement

Compensation Option 1:  Hourly

Rate is $275 per hour, based on time spent relative to the transition.  Fee paid regardless of transition’s closure.

 

Compensation Option 2: Flat Fee

  • Total is $10,000 or $15,000 if practice is self-listed.
  • Paid at time of closing, and contingent upon completion of the sale

All services are included (from finding through transition consulting)

Post-Transition Practice Management Consulting

  • Internal Marketing
  • External Marketing and advertising
  • Patient financial policy
  • Staff relations, office morale and inventive programs
  • Scheduling
  • Re-care and retention
  • Statistics tracking

Compensation Option 1:  Hourly

Rate is $275 per hour, based on time spent consulting.

Compensation Option 2:  Flat Fee

Total is $10,000, and includes up to one year of post-transition management consulting.

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Success Stories

"After dealing with several different brokerages I can say CTC has been the best by far to deal with. They take the time, makes sure everyone is informed, and are fair to both sides.

– Donald W. Ririe, DDS


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