Dental Clinic Sales & Dental Practice Brokers – Brisbane
Brisbane is also home to a significant number of dental clinic sales. As specialist dental clinic brokers, we have transacted a significant number of dental clinic sales across Brisbane and QLD. Since 2014, our firm has assisted in the transition between dental clinic buyers and sellers of small solo sites to major practices located across multiple locations with significant staffing levels clinical offerings. Brisbane offers a significant opportunity for both dental clinic buyers and dental clinic sellers in an active market. If you are looking to sell a dental clinic in Brisbane contact us for a confidential conversation.
Licenced and Registered Dental Clinic Brokers in Brisbane
As licenced dental clinic brokers and corporate licencees in QLD, we can undertake dental clinic sales on behalf of our clients in Brisbane and surrounds. We are also members of the Australian Institute of Business Brokers (AIBB) where we undertake ongoing CPD activity and training. This also ensures that we are at the forefront of legislation changes and laws around all dental clinic sales for our clients in Brisbane. If you are looking for experienced Brisbane dental clinic brokers, please contact us.
Dental Clinic Valuers in Brisbane
Our firm also conducts dental clinic valuations in Brisbane. Having sold a significant number of clinic, we hold a wide range of specific market evidence of Brisbane dental clinic sales. As registered business valuers (RBV) we are qualified and experienced to be able to produce these reports for a wide variety of reasons including family law, partner buy in / out, sale, tax reasons. For more specific information on clinic valuations in dental, please read here.
Determining a Value For Dental Clinic Sales
How do we determine what your dental clinic is worth? Dental clinics transact in the market under a multiple (number) x adjusted EBITDA or profit. A lot of factors go into determining both the multiple number and also the adjustments or normalisations of the financial accounts. A comparative approach is used to benchmark your clinic against a whole range of similar clinics that have actually transacted or sold in the market in Brisbane or other capital cities. This is information that we hold from transacting dental clinic sales in Brisbane and other capitals since 2014. This data forms part of the evidence base in the determination of value of dental practices. Some factors assessed include
- number of full time dentists
- hygienists and other clinical staff
- reliance on owner and impact of their departure
- gross billings among practitioners
- assets – chairs, OPG, CBCT
- location – suburb, shopfront, exposure, branding etc
- breakdown of funding streams
- age of business
- database of patients
- systems and processes
- profit
- rent and lease terms
- personal drawings
- non business related expenses
- scope for growth
All the above factors go into the calculation and comparative process in order to determine a dental clinic “market value” in Brisbane. If a brokerage or accounting firm does not have this sales history, then how can they calculate an accurate price?
Why use an Experienced Dental Clinic Broker?
As specialist dental clinic brokers with significant experience in dental clinic sales we understand the intricacies of your business. Non specialist or generic business brokers do not have the same level of understanding but more importantly do not hold the historical market evidence upon which to be able to accurately determine the value of your Brisbane dental clinic. Having an incorrect value can either undersell your dental clinic or see it passed over by dental clinic buyers who move onto the next opportunity. Non specialist brokerages also do not have an active database of vetted dental clinic buyers in Brisbane or indeed the rest of Australia. Sometimes buyers might be interstate but looking to move to Brisbane and watching the market, we have been building our database constantly since 2014.
How Do We Work With Dental Clinic Sales in Brisbane
Medical Business Brokers run a traditional brokerage service that includes a small upfront preparation, representation and marketing fee at the time of listing. This is followed by a fee at the point of sale of the dental clinic. We are paid on results, those being the sale of your clinic for the best possible price and the most amenable exit terms. Our final fee is invoiced when your practice is sold and you have the cash in the bank. We do not charge monthly ongoing fees for no result.
Selling Your Brisbane based Dental Clinic?
If you are a practice owner and seeking specific confidential information on dental clinic sales in Brisbane or surrounding areas, we welcome you to contact us for further information on dental clinic sales. For more detail on the sale process, read here
