Many healthcare professionals focus on the value of their practice but overlook one of their most important assets: their real estate.
Whether you own a dental office, medical building, or healthcare suite, your property can play a major role in your overall financial outcome.
Real Estate and Practice Value Go Hand-in-Hand
Understanding Your Options
Healthcare professionals considering a transition may benefit from exploring several options:
• Sell the practice and building together
• Sell the practice while retaining the property
• Lease the building to a new owner
• Utilize the property as a long-term investment asset
• Package the practice and real estate to maximize overall value
Every situation is different, which is why strategic planning is essential.
WHAT CLIENTS SAY
"I highly recommend Karl Frye, principle of Frye Practice Sales, to dentists desiring to sell their practice and transition into retirement. At our initial meeting on June 29th, 2019 I was impressed by Karl's knowledge of the dental profession and his banking background with a decade plus years of experience financing practices and transitions." - Stephen A. Folson, DDS, MS, PC
WHAT CLIENTS SAY
“I would highly recommend Karl Frye and Frye Practice Sales for your practice sale or purchase. I won't work with anyone else moving forward. Karl kept us updated throughout the process, navigated the lenders, landlords, CPAs, attorneys, etc., and even helped us with partners that made the dental practice transition that much easier for us, while saving us money! -Dr. Dan Gilbert
WHAT CLIENTS SAY
I would highly recommend Karl Frye and Frye Practice Sales for your practice sale or purchase. In the past, I have purchased practices without using a broker and I will tell you working with Karl makes the process so much easier and stress free. Karl made himself very available through the whole process. All the needed documents were made available immediately and Karl was incredibly responsive to any questions or concerns. I wholeheartedly recommend Karl Frye and Frye Practice Sales! - Adam Culver, DMD
WHAT CLIENTS SAY
“Karl was a great deal of help in selling my animal hospital. I had been trying to sell it for nearly five years without any success from another broker (it was a difficult sell in a small mountain town). After an initiating phone call, he got the ball rolling and did as promised. He checked out several angles for possible buyers and within a few weeks was able to locate multiple buyers, all with solid interest. From there Karl handled all the gathering of needed information and the negotiations of terms and sales price as well as the closing.
I was glad to have him handling everything for me, it made it very easy. If you are interested in selling your hospital or clinic I would highly recommend Karl.” -Thom Myers DVM
