Randon has been wonderful to work with. He has been the ultimate professional all the way. He has been available for advice the whole time. His breadth of experience in this field of business has been comforting. Because of that experience I have felt confident that I was being represented one hundred per cent. I sold the practice to a friend, however, so I have been very concerned through the whole process that what we were doing has been a winner for both of us. He has certainly filled that expectation even better than I had hoped for.
I cannot recommend Randon enough. If you are looking for any sort of transition in your practice, I would start with CTC associates. Randon and his associate, Larry Chatterley, will do it right. They will guide the process and do everything possible to see that it is all handled with the highest ethics and expectations. I have tried this with three other companies over the years. I could have saved a lot of angst, stress, and ultimately a lot of money if I had known about and used CTC from the beginning. If you would like to discuss this in person, please contact me at firstname.lastname@example.org.
“I am glad to have the opportunity to give my impressions of the marketing and sale of my practice by Larry Chatterley of CTC Associates. It was a painless and well-planned transition.
Larry has developed a plan for the sale of a dental practice that eliminates the frustration of a dentist trying to recognize all the complexity of the marketing, interviewing and ultimately selling the pride and joy you spent years nurturing.
With Larry’s help you will feel involved but not overwhelmed. He has a calm and patient approach to the whole process.
“Mr Chatterley of CTC Associates was incredible in how quickly he found a buyer, taking most of the stress off of me with coming in to do appraisal, helping out with all the paperwork, and putting out little fires that came up along the way.”
“Don’t list your practice with CTC if you are just “testing the waters.” My practice was sold before it was even listed publicly. Be ready to sell and move out. I was, I did, and it is fantastic!
Michael M. Gorsky, D.D.S.
“Talk about a tough sale. Durango, Colorado, a small mountain town loaded with dentists. Add to the challenge a limited restorative practice with only 600 active patients. Larry told me it would not be easy and might take over a year to find the right buyer. He knew what he was talking about! He evaluated my practice honestly and thoroughly and advised me along the way. Larry found a superb buyer and we went from “letter of intent” to “completed sale” in about 4 months. Larry was very accessible, even at odd hours when I needed feedback or information.
I was purchasing a practice in Oregon which did not involve a broker. In stark contrast to working with Larry in Durango, my Oregon purchase was a pain in the a–! Most likely, the seller spent a hefty sum anyway on attorney, bookkeeper and accountant fees, while negotiating our contract. Even though Larry was not involved with my Oregon purchase, he kindly offered generous advice and resources to help me.
I have know Larry for nearly a decade. I’ve seen him handle some difficult situations in practice sales, and he has done so with integrity, honesty and care. If you are considering a broker (and you should!) I highly recommend him.
Matt Falkenstein DDS
“It is with great pleasure that I write this letter of endorsement for CTC Associates, and particularly for Randon J. Jensen, the broker who facilitated my dental office transition.
I practiced for 27 years and when I started entertaining the possibility of retiring, I contacted Randon for advice on how to transition my practice. He gave me advice but more importantly, as I look back, he came to know my practice philosophy and temperament, which are two major factors in finding the right person to purchase a practice. Transitions are much easier when buyer and seller think somewhat alike.
Even after the closing of the transition I have asked Randon’s advice; he graciously tutors me and intervenes if requested. This transition has been easier than I would have ever imagined. In fact, I might have retired earlier if I had known that it would be such a smooth transition. Life is good!
Our practice had been on the market for 18 months with another broker. We were frustrated and discouraged about the prospects of selling it. When we began working with Randon Jensen at CTC Associates we were impressed with his ability to ease our minds. His level-headed approach of going over all of our options gave us a better idea of what we were really looking at.
A buyer was shortly located. Randon handled every detail. The new Dr. seemed to be a perfect match, we never imagined that it would turn out so well. We are confident that Randon could manage any situation that may arise in selling a practice. His confidence and experience are invaluable.
How might we improve our services to make the transition process better, smoother and easier for future selling dentists?
Other than finding a buyer like Call & Harr sooner, can’t think of a thing.
What one thing did you appreciate most about the service we provided? What was most valuable to you?
Your prompt response to phone calls. Your integrity.
How would you summarize your dental practice transition experience?
What would you say to an inquiring colleague, if anything, by way of endorsement of our services?
The fact that you strive for a win-win outcome for both the seller & the buyer. That your recommendations are based with professionalism.
“We would like to take the opportunity to thank Larry Chatterley for his dedication, professionalism and arduous nature. Selling a practice requires much more than simply listing production numbers and a price tag, and Larry helped us with every aspect of our sale.
Larry spent a lot of time making sure that every detail was handled. We did not have to worry about “loose ends.”
What an A+ operation. We would highly recommend Larry to anybody who has a dental practice they’d like to sell.”
“CTC Associates proved to be an invaluable asset in my practice transition. They were knowledgeable in various types of practie structures and helped me find a situation best suited to my needs. They have been readily accessible to answer any questions and concerns not only during the transition process but even now a year and a half later. I appreciated their efforts to make it a fair and equitable transaction for both parties involved. The knowledge and experience that CTC Associates brings to the table made for a smooth and low-stress transaction. I feel very confident with the service I received and would wholeheartedly recommend their services to a fellow colleague.”
“Thank you so much for the excellent way you facilitated the sale of my practice. You were able to sell it much faster than I expected. The price was fair and what I anticipated. The entire process was extremely smooth.
I enjoyed working with you. I will highly recommend you to anyone who is considering a transition of their practice.”
“Larry was absolutely indispensable in the recent purchase of our practice. He had been working with us for about 3 months to try to identify the best fit for our clinical and management style. Although he was contracted by the seller, I felt he represented both of us fairly. At one point he suggested we start a practice from scratch. Later he found a particular practice that would be perfect for us. His extensive and detailed analysis of this practice allowed us to immediately identify it as one that had enormous future potential. His tact and diplomacy allowed both sides to come to terms in a minimum amount of time and with maximum benefit for both parties. In our first three months, we have averaged of 65 percent increase negotiation period and we truly believe that we are in the best possible situation because of his dedication and commitment. He continued to be available to answer all questions in a timely fashio. When I sell my practice, or should I choose to purchase an additional practice, I would go to no one other than Larry. Please feel free to ask Larry for my number if I can be of any assistance to you when considering him as your transition consultant…”
“Having both bought and sold practices over the past several years, I am familiar with the complex process involved. From the practice appraisal and choosing the right buyer/asociate to assembling the closing documents and addressing tax issues, I would have been lost without professional guidance. But more importantly, I needed to know that I could trust the person I was seeking guidance from.
Fortunately, I found Mr. Larry Chatterley of CTC Associates.
In addition to his vast knowledge and experience with practice sales, I appreciated his level of integrity and sense of fairness to both parties involved. He was easily accessible and very responsive to me, my questions and my needs.
I have been so impressed with him, the quality of his service and the outcomes of my practice transition, that I felt compelled to write and share my experience with you.”
“I am happy to see CTC Associates is partNEERing with the Crown Council. I have used CTC to sell a practice and buy a practice. They are honest, hard working, and they got the job done. I am in the process of putting together another deal and Larry will be involved with this process.”
“I would like to recommend Larry Chatterley’s services to those in need of a practice broker. I have done several deals through Larry. First, a partnership buy-in. Second, a patient base acquisition from a local retiring doctor. Third, a practice move. Fourth, a new practice purchase. Every time Larry has been attentive and made difficult financial situations happen positively. Every time, the deal was a win-win for me and the other dentist. Larry has enormous resources and contacts throughout Colorado that allow any dental business need to be met.”
“I have known Larry for over 10 years. He is a man that has won my respect and I think highly of his opinion. Many individuals might say that his abilities and skills as a broker are his greatest assets. He has sold my dental practice and created a win-win situation for both the purchasing party and myself. He fulfilled my expectations and then went the extra mile.”
“We were impressed by Larry’s thorough, honest and pressional services. I would highly recommend Larry and CTC Associates to any of my colleagues considering a practice purchase, sale or associateship.
“I would like to thank you for your excellent advice and help with the practice transition between Dad and I. We could not have had a more smooth transition thanks to your work. If you ever need a reference or would like for me to speak with one of your clients, please do not hesitate to call.”
“Larry Chatterley did a superb job of transitioning my 31-year practice to Andrew Fiscus. His mutual representation without attorneys and accountants plus his wise staff counseling were key elements of our success. His thorough set of transition documents covered all of the legal and accounting considerations we could imagine. The entire process is wrapped into his program. I highly recommend CTC Associates.”
“I have been most happy with your service. From finding a prospective buyer to closing with all the innumerable transition issues in between, I have found your help and experience invaluable and would recommend to prospective purchasers and sellers alike to enlist your service.
Selling or buying a dental practice is not a do-it-yourself job. I probably wasted1 to 1 1/2 years and endlesss weekends and evenings in the process.
You may gladly use my name as a referral.”
“I cannot express how unbelievably well Randon handled every single aspect of our goals, concerns and details of this successful endeavor. Without Randon, the end result we are both happy with would likely not have happened.
Looking back, I would consider myself totally unwise if I had tried to do all that was necessary without the expertise of Randon from the very beginning.
“CTC was very helpful in finding a buyer for my practice. All of the steps from practice analysis, negotiating, through to the sale closing were handled well. I would certainly use them again if I needed their type of services.
“I was very pleased with the professional service I received from CTC in the sale and transition of my dental practice. The transition took place extremely smooth. When I decided to sell, I felt like I needed professional guidance to determine the worth of my practice. The fee from CTC for the appraisal was very nominal and I soon sensed that Randon Jensen had the experience and the integrity to be fair with both me and my buyer. We both trusted him.
“I found Randon to be exceptionally helpful in all phases of the sales transaction as well as the steps of transition to a new owner/dentist. Even though he was not my broker, I found myself turning to Randon numerous times for advice that I found quite helpful not only in the sale of this practice but also in the purchase of my new practice. He was honest ad full of great ideas. I am happy to recommend Mr. Jensen and CTC Associates to ayone who would benefit from their services.
“I was very apprehensive when my would-be partner said ther is a practice broker involved and would help with negotiations, contracts and transition. I met and dealt with four or five of these brokers before and never felt that my best interests were being considered or that they even mattered. Larry and Randon single-handedly changed my negative view of brokers. They were honest. They were willing to go to bat for me as a buyer and were dedicated throughout the process to make sure a successful transition was made. A year after the transition I am still in contact with them and have referred friends and colleagues to CTC because I know they can be trusted.
“Thank you for such a smooth transition! I think Dr. Chandler is doing fine and enjoying it. I know I am!”
“I am not being paid to endorse Larry. I would just like to see you transition your practice as easily and painlessly as I did. If you are considering some type of transition in the near future, I encourage you to give him a call at (720) 232-3044.
Bruce Lambson, D.D.S.