- St. Louis, MO
- Kim (314) 805-6257
- Amanda (636) 577-5975
It’s a great honor and responsibility to be selected to place a value on a person’s lifework. We take that responsibility very seriously and do everything we can to make sure your dental practice evaluation reflects the unique business you’ve spent your life building.
But how is such a value determined? While everyone has heard of some “rule of thumb” or simple formula for valuing a dental practice, we think these are dangerous because they reduce a fairly complex valuation question to an overly simplified formula that cannot account for all of the variables in each individual practice.
We refuse to use a “cookbook” or “boiler-plate” approach to placing a value on one’s dental practice. Our commitment is to create valuations which reflect the unique qualities of each individual client. While we as appraisers must make some subjective judgments in the valuation process, our experience and knowledge of the field will make each valuation as accurate as possible.
Kim’s experience as a Certified Valuation Analyst (CVA) provides clients with the most accurate valuation possible. As part of the valuation process, we visit each office before beginning the valuation. We do not think an accurate value can be determined without first visiting the office.
Valuation Plus is for the dentist who will be retiring in the next 3-5 years. We will give you an idea of the present value of the practice PLUS offer recommendations designed to improve the marketability of the practice WHEN the time comes to sell.
Like most small businesses, many dentists fail to plan for the transition of their business. Today there is no longer the large pool of potential buyers as there were a few years ago. Clearly, advanced planning is needed to maximize your chances of finding a buyer willing to pay you what your practice is worth.
In the future, there will not be a buyer for every dental practice that is for sale. So, any steps a dentist takes now to improve the “curb” appeal of his or her practice could turn out to be a very good investment.
We provide guidance and recommendations for those dentists who are preparing to purchase or sell a practice. We can help you find an existing practice or analyze a practice that you have found.
We can value a practice for an incoming associate or for the buyout of a partner. We don’t work “both sides of the street” meaning we don’t place a high value on a practice if we are representing the seller and place a low value on a practice if we are representing a buyer. We want to determine the “fair market” value of a practice regardless of which side we are representing.
Kim with Otten-Rey Dental Sales truly made what I thought would be a stressful process extremely easy and painless. From our first meeting all the way until closing, Kim was always reliably there for me through out the process. I trusted her system and it was simple and seamless. I would definitely choose Kim again for my transition if l had to do it all over again.
When I decided to buy a dental practice, I quickly learned that practice brokers represent the seller. As a buyer, that posed some challenges. Of all the brokers I worked with in St. Louis, Kim was the only one who managed to make me feel that she was actively trying to find a practice for me to buy. Not only did she help me find a practice I loved, but she still represented her seller well and was fair throughout the entire process. Because of her, I am now the owner of a great dental practice that I love and I truly believe she made that happen for me. Thanks Kim.
Thank you both, Kim & Bill. This has been a great adventure. All is going great with the merger of Dr. Berger’s practice. Overall, I would say it is a great success. And I couldn’t have done it without both of you.
I felt my practice purchase went smoothly and efficiently with the help of Otten-Rey Dental Sales. As a buyer, I felt comfortable with the fair appraisal that Otten-Rey put on the practice and both Kim and Bill were very accommodating getting any requested info to help me do my due diligence…Otten-Rey is known in the St. Louis Dental community for being easy to work with and I strongly recommend either buyers or sellers use them in the process of your dental transition. Having their expertise, experience and organization really made things a lot less stressful.
Kim’s understanding of all aspects of a transition was invaluable. She has comprehensive knowledge of both the financial and clinical aspects of a dental office. She also provided the guidance and understanding of the legal aspects necessary to close the transaction. Thanks Kim!
Kim Rey was my broker in representing me when I sold my pediatric dentistry practice. From my standpoint, Kim brought a great amount of stability to the whole process. I appreciate her insight and her levelheaded guidance on what my expectations should be, what the normal accepted practice and standards are when dealing with a buyer. The process was longer than I anticipated, but Kim kept me focused and on the right track until the transaction was completed. Throughout the process, she always made me feel like I could rely on her and that in turn gave me a great deal of comfort. I would highly recommend Kim Rey to anyone looking to buy or sell a dental practice.
Several of my friends used Kim and Bill to sell their practices and had highly recommended them. I was pleased with the thorough process of valuation and the explanation of the report. They provided frequent updates and the guide for printing the necessary reports for the valuation. They found a buyer that fit our needs. I would recommend them to the other dental offices needing the same services.
