Ready to Sell Your Clinic?
There is a doctor out there who is the perfect fit to buy your practice... And everyday he or she can't find it, it's costing you time and money
The sad truth is that studies have shown anywhere from 70-90% of businesses listed for sale never actually sell. That’s because, much like the years of blood, sweat + tears that you’ve poured into building your chiropractic office, selling a practice is hard work.
Progressive Practice Sales is the industry leader to guide chiropractors through the complex process of selling a practice. Starting with capturing buyer’s attention in an oversaturated marketplace, then procuring qualified buyers, and driving the sale to close in half the time of the industry average, we have the systems, resources + tools to provide you with the optimal clinic sale outcome. That’s why, in an industry where successful sales are the exception, we have a roughly 85% success rate in completing successful practice sales for our clients.
Attention Doctors :: Practices Wanted
We Have Qualified Buyers Seeking Clinics In:
Market Conditions are Ideal for Chiropractic Practice Sales
Whether you’re looking to retire or make a move to increase your quality of life, the marketplace is incredibly hot with both investors + owner-operators looking to acquire chiropractic clinics.
Many factors are driving buyer interest in record numbers:
Government stimulus benefits are forgiving three months of loan payments AND significant loan fees for practice buyers – resulting in savings of tens of thousands of dollars.
Interest rates are at a record low – and stimulus benefits for lenders are expected to loosen lending standards.
Many chiropractic associates experienced a chilling lack of stability during the pandemic’s early wave, resulting in an industry-wide drive to obtain the security of business ownership.
The tax rate on capital gains is at a historically low level allowing you to enjoy a lower tax rate on your sale proceeds.
However, as any economic expert can tell you, today’s favorable conditions won’t last forever. Under the new administration there is already a proposal to dramatically increase capital gains tax rates, which will significantly impact taxes on future business sales. And the stimulus benefits are limited in time - or could even run out of funding. So, if you have been contemplating a sale or retirement, now is the time to list your clinic for top dollar + optimal sale outcomes. Waiting to sell could cost you hundreds of thousands in taxes, and could mean you have to work many more years before experiencing a market this strong again.
How We Can Help
As the premier practice brokerage dedicated exclusively to helping chiropractors to buy and sell clinics, everything we do at PPS is built around an active approach to optimizing your sale so you can focus on your practice, assured that our team is hard at work + your sale is in good hands.
Because our mission is to serve as a resource for the entire chiropractic community, we offer multiple sales models to provide affordable sales support to every clinic, from the part-time doctor to the multi-clinic group:
Full-service model :: premium support from our full-service team who are involved in every step of your sales cycle, from valuing the clinic + marketing your practice so it will stand out in today’s crowded marketplace, to negotiating your deal and walking it through all of the potential pitfalls to a successful close. We can even assist your buyer in procuring financing!
Self-service model :: a consulting + practice packaging service that gives you access to buyers actively looking for clinics and sales support on an as-needed basis, allowing you to pick what you spend money on and optimize your savings.
Both models use our proven PPS clinic sales methodology, starting with our exemplary clinic sale marketing. Our advertising protocol is head and shoulders above what anyone else in the industry is doing, with frequent ad postings, significant investment in online ads, and keyword heavy web pages for each client for maximum exposure. And our web presence is unsurpassed, with organic search placement in the top positions for all related keywords. This, combined with our stellar reputation in the chiropractic community, results in exposure to the marketplace that is unmatched by other brokers. And PPS gets rave reviews from prospective buyers and funding banks – because the information packages we create are the best in the industry, and our focus on service + transparency maximizes success in both the sale and funding of our client's clinics.
Now is the Time to Take the Next Step
Selling your clinic is an exciting milestone, and we’d love to learn more about your clinic sale goals + share how we can help you achieve those goals and move on to the next adventure that life has in store for you! Please schedule a free, confidential consult at a time that is convenient for you.
Ready to get started? The first step with PPS is to Complete a no-obligation Clinic Review. This short + simple process provides you with a range of ballpark pricing and lets PPS put together recommendations for how we can best support your clinic sale goals. We perform an initial analysis of the practice based on last year’s tax return, this year’s profit + loss statement and a one-page practice info form. Results of the analysis are generally provided within a week of receiving all practice data. Click here and get started today!