Selling a medical practice in California comes with more complications than selling a regular business, This is in no small part because it often indicates the closing act of your career. Get it done successfully with an experienced medical practice broker who will facilitate the sale of your medical practice in California properly.
Is now a good time to sell your medical practice? If the sale of your medical practice will support your retirement, a change in career, or the opening of another practice, you’ll want to ensure you have all your ducks in a row before you sell. If your practice isn’t perfectly optimized for sale, the next step in your 5-year plan may not be sturdy enough to hold you, which is the last thing you want.
When you work with us, we determine precisely what you hope to get from selling your medical practice and plans. Then, we will complete a valuation of your medical practice to determine whether selling now will support those plans or if we need to add more value to your practice before you look for a Buyer.
We’ll advise you on the timing of the sale, the advisability of Seller financing, and even what to expect regarding tax costs. Furthermore, we’ll handle all the complex research and paperwork on your behalf, allowing you to continue running your practice and ensuring its value for eventual sale.
As part of our sales process, we create a comprehensive summary that explains every step, including what you can expect when establishing the proper value for your practice.
You wouldn’t want to hand your practice over to just anyone. You spent years creating it, and while you may no longer wish to run it yourself, you’d probably like to think of it thriving and continuing to help people after you sell. We work to find the ideal buyer for your practice, from vetting to ensure a personalized fit and determining the potential buyer’s financial means.
We’ll also motivate the buyer to act on this opportunity by showcasing the benefits of your practice, facilitating the negotiations, and guiding you through every step of the sale to ensure the best possible outcome.
You can begin the next part of your life’s plans without stress, hassle, or endless paperwork. You will feel confident that your practice is in good hands and ready to take on what’s next for you – and you’ll have the assurance that you’re financially ready to carry those plans through.
Get in touch today for a free consultation with Andrew Rogerson. Andrew is an experienced medical practice broker in California. Let’s discuss your desire to sell and how we can best assist you in making it an easy and profitable process.
We can assist you in selling your medical practice throughout California, including Southern California, Northern California, San Diego County, Orange County, Los Angeles County, the California Central Valley, the San Francisco Bay Area, Sacramento County, and the Sierra Nevada.
By taking a thoughtful and thorough approach to selling your medical practice in California, you can increase your chances of a successful sale.
Selling a medical practice in California is a complex and specialized task, and possibly one of the most important decisions of your life. Establishing a proper price, marketing the practice for sale, helping find qualified buyers, negotiating leases and finance are just a few areas of expertise that we offer.
Also, most accounting is done to minimize tax obligations and may therefore not portray the practice in the best light. Rogerson Business Services deals with challenges like these every day.
One of the secrets to selling a practice is for the owner to maintain their focus on its operation and keep it at its optimum level, ensuring it generates the same or higher profits.
We can then focus our energy on attracting them, allowing them to work through the transaction and minimize their finances, legal, accounting, tax, and related issues, without displacing employees, customers, landlords, or involving other parties in the transaction.
Unlike most business brokers, medical practice sales are part of our specialty. In California, the Bureau of Real Estate requires a representative of a seller or buyer to have a Real Estate license. Andrew’s license is Cal BRE #01757166.
The type of practices that we can assist you with include:
To provide you with the highest level of service and meet your specific needs, we can help you as follows:
Get in touch today for a free consult
Let’s talk about your desires to sell, and how we can best help make it an easy, profitable process for you.
Selling a business, or indeed a medical practice, comes with no guarantee that it can or will be sold. Buyers generally have some choices, including sometimes the most compelling choice, which is either to do nothing or keep looking until they find “their perfect practice.”
To increase the chances of successfully selling a medical practice, a lot of work is done at the start. When a qualified buyer comes along with the necessary motivation, the process flows as smoothly as possible.
If you own a medical practice and are ready to sell, the following documents may help you better prepare and understand how we would work together to sell your practice successfully.
The information above covers the main steps to sell a practice, but there is more to it. As your broker, we work with you to take care of these steps, and if you would like more details, this link provides a one-page document with an overview of the many steps to sell a practice successfully.A
By taking a thoughtful and thorough approach to commercial property sales with a business in California, you can increase your chances of a successful sale.
If you own or operate a medical practice or facility and need an accurate value of your medical or scientific equipment, the valuation must be accurate. Just as critical as the value is the appraisal report, as you want it to comply with the highest standards. If there is a disagreement or the value is challenged, the issue does not become the quality of the written report.
All our appraisals for medical and scientific equipment comply with the standards and rules of the Uniform Standards of Professional Appraisal Practice (USPAP) and are prepared and signed by an Expert Equipment Certified Appraiser (EECA)
Our certified appraisals can be a single piece of equipment or a fully equipped practice, clinic, imaging center, nursing home, assisted living center, or entire hospital.
If you have questions or would like more information about a certified appraisal, Andrew Rogerson, a certified business broker based in Sacramento, California, is available to assist you. Call Toll-Free at (844) 414-9700. If you prefer, email him at support@rogersonbusinessservices.com. Andrew services the whole state of California.
We offer a wide range of practice valuation and assessment services tailored to your specific needs. To provide additional information, we categorize this into three distinct categories.
If you are looking to sell your medical practice and negotiate the final purchase price and terms with a buyer, you will more than likely want an Opinion of Value. An Opinion of Value examines the last full three years of trading for the practice, as well as the current year-to-date profit and loss statement and the most recent balance sheet.
If the valuation is to meet a more complex need such as divorce, partnership buyout, third-party loan such as an SBA lender, dispute with the IRS, and/or where the valuation needs to provide more profound and more complex analysis, a Certified Appraisal is required and needs to conform to USPAP or the Universal Standards of Professional Appraisal Practice.
Regardless of your valuation needs, we can provide the correct valuation report. For more information, please contact Andrew Rogerson, a certified business broker based in Sacramento, California. Call Toll-Free at (844) 414-9700. If you prefer, email him at support@rogersonbusinessservices.com. Andrew services the whole state of California.
Buying any business is typically a complex and challenging task, as there are numerous moving parts. These moving parts include negotiations with the seller, the landlord, suppliers, third-party lenders and a business broker, to name a few. Buying a medical practice may involve not only these parties but also an attorney, accountant, health insurance provider, government medical administrative agency, and more. Like any complex activity, it takes specialized training, experience, and knowledge in a diverse number of areas, including valuation, marketing, real estate, negotiation, and advertising, to get a deal done.
Teaming with a professional broker to act as an intermediary and guide is one of the best ways to avoid potentially expensive missteps. Buying a medical practice may be the most significant financial decision in your life.
In addition to standard brokerage and valuation services, medical practice brokers offer hourly consulting and advice. Areas for consulting services include, but are not limited to:
Andrew Rogerson is a Lifetime Certified Business Broker based in Sacramento, California. Call Toll-Free at (844) 414-9700. If you prefer, email him at support@rogersonbusinessservices.com. Andrew services the whole state of California.
Rogerson Business Services is a business brokerage service based in California.
If you are ready to sell your California business, let us know if you have any questions. Whether you are selling a medical practice, an HVAC business, a landscaping business, or any other business with gross revenue greater than $2 million, contact us today to learn about our successful selling your business program.
We’re happy to discuss the process of selling your business with you. Give us a call or contact us when you are ready.
