Chiropractic Business Broker Preps Clinics For Sale With Detailed Valuation

Posted by PRC Agency
12
Jul 21, 2024
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Don't Leave Money on the Table at Your Practice!

If you don’t know the value of your chiropractic business, it could cost you – to the tune of tens, or hundreds, of thousands of dollars. If you’re ready to head into retirement or start life’s next adventure, you can’t afford to miss out on that much!

Progressive Practice Sales (PPS) will make sure your clinic is valued at every dollar it’s worth, using the most up-to-date data, including market conditions, comparable sales and transactions, industry trends, local market dynamics, and much more. Check out their range of valuation services here: https://www.progressivepracticesales.com/

Valuations Suited to Different Seller Needs

If your chiropractic clinic is small and has simple operations and financials, PPS' abbreviated clinic reviews might be a good choice for you. These valuations are based on smaller data packages, reducing the expense and time required.

If you've only recently started thinking about selling your practice, this service might be a cost-effective first step on your practice transition.

The "Secret Sauce" of the Valuation Process

How do you know you'll be getting the best possible value for your practice?

Here's how: The company’s valuation team uses proprietary data reconciliation protocols to produce valuations based on current sale and lending conditions. Your valuation from PPS' expert valuators, who participate in chiropractic sales on a monthly basis, will be much more advantageous than the one you'd get if you hired a generalist evaluator.

The generalist's results might be based on outdated or incomplete data that could skew your valuation by many thousands of dollars.

Comprehensive Data Analysis

After data reconciliation, PPS will examine your data using an in-depth, 500-point analysis procedure to evaluate your clinic’s valuation readiness and deliver an opinion on its value, as well as outline the strengths you could leverage and the challenges you'd face in a future sale.

This last part of the valuation will help you make smart choices when you strategize and plan for your final sale.

Other Valuation Types for Your Needs

If you own a large, operationally complex clinic, you can take advantage of either of PPS' two other valuation services: Certified Appraisals, the company's gold standard for establishing a practice's value, and Clinic Valuations, its most popular valuation procedure, which is based on comprehensive pre-valuation analyses.

Quickly Transition Your Practice

Considering getting help for other aspects of your clinic's transition, like marketing?

PPS also offers sales support, buyer, and financing services. The company’s expert team is capable of covering every phase of your practice’s transition. On average, they're able to close transitions within 89 days - 50% faster than the industry standard.

About Progressive Practice Sales

PPS has been in the practice sales industry for over nine years, and they've sold 300-plus practices and have had a 99.9% funding success rate. Co-founder Crystal Misenheimer is the winner of the International Business Brokers Association’s (IBBA’s) prestigious Chairman's Circle Award 2023, and she is one of only 28 brokers nationwide to win the Deal Maker Award.

Here's what one happy client had to say about their clinic valuation and sales experience with PPS:

“I couldn't have asked for a better experience! PPS has staff who are professional and friendly, and they answer your questions in a timely manner. They also valued my practice at a higher amount than what I had been considering. I couldn't have sold my practice without them!”

Plan wisely for your post-practice life with Progressive Practice Sales' expert valuation services! Enjoy the benefits of specialist knowledge, the industry's most comprehensive data analyses for high valuation accuracy, and valuable insights into your practice's strengths and challenges to guide your future decisions.

Learn more, and schedule a free consultation, at: https://www.progressivepracticesales.com/

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