Seminars

Selling your practice is a major decision! You have devoted your time, money and energy to building, running and operating your practice. It may well represent your life’s work. You have decided that now is the right time to sell, and you want the very best professional guidance you can get.

This is when working in tandem with a professional practice broker can make the difference between just getting rid of the practice and selling it for the very best price and terms! Practice brokers are the professionals who will facilitate a successful sale.

As your practice broker we can:

  • Complete all negotiations - saves you valuable time
  • Insure a higher sale price because we know the marketplace
  • Structure the sale so it makes sense for everyone – you and the buyer
  • Find the right buyer
  • Buyers are pre-qualified and we assist in obtaining financing
  • Work with you and the buyer, every step of the way, until the transaction is successfully closed
  • Assist the buyer in all details of the practice buying process

A practice broker is not, however, a magician who can sell an overpriced practice. Most practices are saleable if priced and structured properly. You should understand that only the marketplace can determine the sale price. The amount of the down payment you are willing to accept along with the terms of the seller financing can greatly influence not only the ultimate selling price, but also the success of the sale itself.

"We're in practice to advance your practice."

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What Clients are Saying

After 23 years owning my retail optical dispensary, deciding to sell was no easy decision. That was a 2 year process. But choosing the right broker to represent my interests when the decision was finally made was easy. In the first 15 minutes of meeting with Scott of Practice Concepts, I knew I’d found an experienced professional who would handle the details with heart.  Scott was referred to me by another Optician who also sold his retail dispensary to an OD. He spoke very highly of Scott’s thorough business methods and proven success and how comfortable he felt throughout the entire process.  Scott brought in the perfect buyers; exactly what I’d “envisioned” might see Modern Eyewear into the future and keep my clients satisfied with the change over.  His patience, knowledge and creative solutions for both parties was well appreciated. I’d recommend his services to sellers or buyers only interested in being treated first class.  In fact, I can’t imagine anyone doing a more stellar job than I experienced with Scott and his staff at Practice Concepts. Thanks a million!!
--Colleen Hannegan