Selling a Healthcare Practice
When contemplating selling a healthcare practice, there are many factors to take into account. Like many healthcare professionals, you have put a lot of hard work into building your practice and want to achieve the best possible return when passing it on to the next owner. Providing continuity of care to your patients is also important to you. And ideally, you’d like to minimise the stress and red tape that is inevitable when selling your business.
To give yourself the best chance of achieving this, you need the guidance of a specialist practice broker. It doesn’t matter how big or small your practice is, or whether you operate in general practice, dental, pharmacy, physiotherapy, veterinary or another area of healthcare – The Health Linc can help you when it comes time to sell.
Unmatched industry experience
At The Health Linc, we only sell healthcare and related businesses and have done for two decades. This means we offer unmatched industry expertise to our clients, to guide you through the complicated process of selling your practice as well as negotiating a fair outcome for you.
The pre-qualified buyers on our database are waiting to purchase a practice just like yours. This minimises the time from listing to sale, and often reduces our need to advertise your practice, protecting your confidentiality. We take the time to carefully match healthcare vendors and buyers, to ensure the best outcome for all parties.
As specialist healthcare business brokers, our service extends far beyond the sales transaction. We also assist you with:
- identifying areas that will make your business more saleable
- using our extensive local market knowledge to advise on pricing
- valuing plant and equipment
- identifying and approaching likely buyers
- producing the required business profile
- arranging for assignment of the lease agreements
- assisting in the transfer of all relevant services
Personal, proactive and professional help for sellers
Our understanding of the healthcare and medical industry ensures nothing is overlooked, while we maintain the confidentiality and discretion many practice owners seek during this process. We’ll advise you on the market value of your practice, market it professionally and save you time and costly mistakes.
At The Health Linc, our personal, proactive and professional approach ensures your practice sale takes place smoothly and with the greatest integrity.
Articles on Selling a Healthcare Practice
The best way to asses a business brokers skills is to have a conversation with them.
Understanding their skills and knowledge of your industry is crucial to get your business sold in a timely manner and more importantly the right price.
A good business broker is well known and respected within the profession.
If you are considering the sale of your practice the first burning question to arise in your mind is: How much is your practice worth? After all, you cannot place your practice on the market before you’ve established on asking price! When you take your practice to the market and begin to negotiate with