Question about buying a dental practice
1. If I would like to buy a dental practice in the Midwest, what services can I expect from ADS Midwest?
Our goal is to train a potential buyer on the proper method of moving through the purchasing process. When you first contact ADS Midwest, you will be paired with a trained and licensed broker who will guide you through a brief telephone interview.
The interview is customized not only to obtain basic contact information, but also to determine your wants and needs. This person will be your personal contact with ADS Midwest. You will be asked to sign a confidentiality form, as we will be sharing privileged information with you regarding our listings.
If you think you might want to buy a dental practice, we would be pleased to keep you advised of your options on an ongoing basis. There is no cost or obligation to be added to our lists or to be kept informed of what is on the market.
2. Is it necessary for me to physically visit an ADS Midwest office?
While not absolutely necessary, we do encourage you to visit your broker in either our Chicago or St. Louis office. The purpose of the visit is to develop the personal relationship side of the process. It also allows the agent or broker to spend one-on-one time with you to go over what to look for in a dental practice and how ADS Midwest develops and provides the information presented to buyers, as well as to answer any and all of your questions. We realize that some of our clients are prohibited by scheduling or distance from physically meeting with us. We are as close as your computer or phone, always available to answer your questions and assist you in your search.
If you think you might like to buy a dental practice, there is absolutely no cost or obligation to meet with us, call us with questions, or secure our services.
3. How do you keep clients informed on your listings?
The quickest and most common way to be alerted to new listings is to provide your broker with an e-mail address. With the busy market for dental practices in the Midwest, e-mail has become the best way to keep you advised of new listings. If you do not have an e-mail address to provide your agent or broker, fax numbers or direct phone calls will be the alternative choices.
We also maintain a complete listing of all current dental practices for sale on this website.
4. What expenses will I need to be prepared for in the purchasing process?
When you have placed an offer through your broker, you will more than likely want to hire an accountant to review the books and records of the practice. You may also want to have a consultant trained on reviewing the business aspects of the office and an attorney to review legal documents. Your broker will work with your tax and legal representatives or can provide names of professionals in each area who are in tune with the transaction process. You can talk to your personal agent or broker about the current costs for each of these entities.
5. What areas do you cover?
ADS Midwest covers dental practices for sale in St. Louis, MO, Central IL, Southern IL, Iowa, and Indiana.