Each professional healthcare practice is unique. It takes years of hands-on industry experience to uncover the hidden value in your unique practice. An appraisal is only as good as the broker’s ability to bring the value to market and a subsequently to successfully completed sale.
Depending on circumstances, it can take six months to two years to complete the full cycle of a sale transaction. Therefore, it’s wise to contact us well in advance of your anticipated sale so that we may utilize our expert skills in maximizing the potential value of your practice. Buyers and lenders seek financial consistency with an emphasis on twelve to eighteen months prior to listing a practice for sale. Creating wise exit strategies in anticipation of a sale is also an important step in maximizing practice value. Contact us as soon as possible in your decision process for a no obligation pre-sale strategy review.
The ability of a medical practice brokerage consultant to position the practice and successfully market it for sale is a large determinant of a successful outcome. Working with Arizona Medical Practice Brokers assures the highest degree of professionalism, a decade of industry experience, valuation expertise and the highest code of ethics. You will work one-on-one with principals who are devoted to your individual client satisfaction.
We would not attempt to practice medicine or perform surgery. Similarly, we advise our physicians, and medical groups not attempt to negotiate medical practice sales. Your time is much better spent doing what you do best – maintaining and growing your medical practice revenue prior to a sale. Selling a practice can also be an emotional experience. Lifetimes are spent building a healthcare practice. We are able to remove the emotional factor and present clear and factual financial data for you to make informed and profitable financial business decisions.
Because the Arizona medical practices are in demand, a lot of out-of-state business brokers advertise here to try to get listings. There are two problems with this. One, to get the best service possible, you need to hire a local business broker who knows the local market and can be available for face to face meetings with potential buyers. Two, to legally sell a business in Arizona, a business broker is required to have an Arizona Real Estate License (ARS 32-2101, Section 48 (a-f). A lot of out-of-state business brokers are not licensed in Arizona and are therefore breaking the law. How ethical do you think these business brokers will be when dealing with you if they won’t even follow the law?