Buy Your Dental Practice Hassle-Free with Henry Schein Dental Practice Sales
Buy Your Dream Dental Practice Hassle-Free with Henry Schein Dental Practice Sales!
Are you on the hunt for a dental practice to buy? Look no further! Henry Schein Dental Practice Sales, formerly MediEstates, brings you the same exceptional service with a brand-new name. Discover a seamless and transparent process to help you acquire the dental practice of your dreams. Whether it's your first or twentieth practice, our expert consultants are here to guide you through every step of the way.
View Dental Practices for SaleDiscover Our Buying Tiers
There are 3 Buying Tiers available with Henry Schein Dental Practice Sales, formerly MediEstates, each having its own benefits to the buyer:
General Market Buyers
- No membership fees
- Email and text alerts for new practices to market
- Buyer-seller viewings arranged
- Access to Henry Schein Finanical Services for practice funding
Priority Tier Buyers
- Enjoy all the benefits of a general market buyer plus…
- Early access to practice particulars
- Priority viewing slots
- Opportunity to secure purchase opportunities before they reach the open market
Premier Tier Buyers
- Enjoy all the benefits of a Priority Tier Buyer plus…
- Closed-market buying pool
- Opportunity to secure larger practices suited to corporate ownership
- Fast-tracked practice marketing documents
- Opportunity to purchase practice groups
- Account manager offering network of Henry Schein Services
Why Choose Henry Schein Dental Practice Sales for Buying a Dental Practice?
Our team of consultants possess in-depth knowledge of each dental practice they market, enabling them to address all your queries and specific accounting questions regarding the practices for sale. We can even highlight areas for growth or development as we benchmark each practice for sale against industry averages. With our assistance, you can rest assured that you'll find the perfect practice that aligns with your needs and goals.
Explore the Best Dental Practices for Sale - Expert Consultation Included!
Frequently Asked Questions
Find answers to our most frequently asked questions from our clients.
I’m interested in a practice and the lease states it only has 2 years left to run, what can I do?
We would suggest that your instructed solicitors negotiate a new lease which will be agreed and prepared, ready to start on completion. The lenders will consider the length of the lease when confirming the lending term. For example, if a lease of 10 years is agreed, the term of the loan will likely be over 10 years. For most banks, the maximum term for a goodwill (business) loan is 15 years, however, some banks can agree longer goodwill terms based on their healthcare lending policy. Please note, the funder would perform affordability calculations to confirm that the loan can be serviced over the lending term; it is therefore key to ensure that you have a suitable lease term. We will discuss your requirements and preferences so that we secure funding with the bank most fitting to you.
What are the current dental market trends?
Dental practices continue to be appealing purchases for both independent and corporate buyers with the banks and private equity investors keen to lend within the sector. As the market is fluid it is best to reach out to us for a valuation. Each practice is unique and our regional Business Development Managers will be able to advise you on the current market trends that will impact your particular practice and when the best time is to sell.
Do I need to be a Dentist to buy a practice?
An important factor to bear in mind when acquiring a dental practice involves adhering to the regulatory standards set by the Care Quality Commission (CQC) and the NHS, particularly for those participating in the purchase. It's essential to have at least one partner or clinical lead registered with the General Dental Council (GDC) to legally own a dental practice.
Do I need a dental specialist solicitor?
We strongly advise engaging a solicitor specialising in dental law, as they possess a nuanced understanding of the industry. This expertise frequently leads to efficiencies that can save both time and money. We have selected a panel of Dental Specialist solicitor’s that we can share with you to support you in selecting the firm for you.
What is an EBITDA?
EBITDA is an acronym for earnings before interest, taxes, depreciation, and amortisation. It provides a clearer picture of a company's operating profitability based on the exclusion of non-operating expenses such as interest and taxes, as well as non-cash expenses like depreciation and amortisation. Historically practices were often valued at percentage of turnover, however the EBITDA method is a much more accurate representation of the profitability of the business. While EBITDA can be a useful measure for assessing operating performance, it's important to note that it does not represent a company's actual cash flow and should be interpreted alongside other financial metrics for a comprehensive analysis of a company's financial health.
