Valuations & Appraisals
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 can not 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
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.
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.
Transition Assistance, Consulting & Buyer Representation
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.
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Address
402 Unity Crossing Ct.
St. Peters, MO 63376
Fax: (636) 244-0420
Kim Rey
kim@ottenreydentalsales.com
(314) 805-6257
Amanda Greco
amanda@ottenreydentalsales.com
(636) 577-5975
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