The Dentist Freedom Blueprint Podcast

Dentist Freedom Blueprint Podcast - financial freedom - dentists - Freedom FoundersThinking about selling your dental practice? Whether you’re considering a private buyer, a DSO, or planning ahead for your practice exit, this episode is for you! Brannon Moncrief, CEO of Dental Transitions Group, and a dental transition expert, joins me in discussing dental practice transitions, and the growing influence of DSOs and private equity in the market.

With DSOs increasingly focused on acquiring larger, multi-doctor practices with strong revenue growth and operational infrastructure, Brannon discusses key risks involved in practice sales, such as minority owners affecting transactions and other agreement structures. We also break down what Brannon’s company does to vet DSOs, the top considerations before you sell, and more!

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Minute Markers:

  • 02:50 – The past year of practice transitions.
  • 05:32 – What Brannon’s clients evaluate to make a decision.
  • 07:11 – Pros and cons of selling to a private clinician vs selling to a DSO.
  • 8:20 – How interest rates are changing what DSOs are looking for.
  • 10:17 – The kinds of practices that are getting the higher multiples.
  • 16:00 – How having different runways as partners can cause problems in selling to a DSO.
  • 18:08 – A viable alternative to selling equity to associates: Profit share
  • 24:49 – What Brannon’s company does to vet DSOs.
  • 28:01 – The importance of getting educated before making your decision.
  • 34:01 – DSO’s have realized that they’ve been overpaying for dental practices.
  • 36:04 – The catch of selling the real estate of your practice.

If you like this episode, here are more episodes we think you’ll enjoy:

  1. Ep #522 – Dr. Mauricio Dardano – An Inside Look At a Dentistry Consolidator – The Success of MB2 Dental
  2. Ep #510 – Brannon Moncrief – Planning for Your Practice Exit – What You Need to Know

Featured on the Show:

#brannonmoncrief #sellingyourdentalpractice #dentaltransitions #dentist #dentistry #sellingmypractice #DSO #businessowner

Watch full length Interviews on video!

Watch full length interviews on David’s YouTube channel by going to www.DentistFreedomBlueprint.com/YouTube. Don’t forget to subscribe to David’s YouTube Channel for more content on maximizing your business, wealth, and creating a financial blueprint to reach your Freedom faster!

Join the tribe of dentists ditching Wall Street. Get more insights, resources and inspiration for creating asset based income and Freedom. Follow us on Facebook here.

P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think):

1. Schedule a Call with My Team:

If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest.

2. Become a Full-Cycle Investor:

There are many self-proclaimed genius investors today who think everything they touch turns to gold. But they’re about to learn the hard way what others have gained through “expensive” experience. I’m offering a free report on how to become a full-cycle investor, who knows how to preserve and grow capital in Up and Down markets. Will you be prepared when the inevitable recession hits? Get your free report here.

3. Get Your Free Retirement Scorecard:

Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.

Want to know more about David and schedule him as a speaker or podcast guest? Go to doctorphelps.com to book David now.

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