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Practice Transitions

How long does it take to sell a dental practice?

Ian McGinnis, Founder & Financial PlannerPublished 2 min read

Short answer: selling a dental practice usually takes several months to well over a year from decision to closing — and a rushed sale almost always fetches less. Between valuation, finding the right buyer, due diligence, financing, and legal work, there are many steps, each with its own timeline. The dentists who net the most start planning years, not weeks, ahead.

How long does it really take?

For most dentists, expect several months to more than a year from the moment you decide to sell until money changes hands — and longer if you count the preparation that makes a practice sellable at a strong price. The exact timeline depends on your market, the type of buyer, financing, and how ready your practice is.

What are the stages?

  1. 1Preparation — cleaning up financials, boosting profitability, and getting a valuation.
  2. 2Finding a buyer — marketing the opportunity or fielding DSO/individual interest.
  3. 3Letter of intent — agreeing on price and broad terms.
  4. 4Due diligence — the buyer verifies the numbers, charts, and operations.
  5. 5Financing — the buyer secures a loan (or the DSO structures the deal).
  6. 6Legal and closing — contracts, allocations, and the transition plan are finalized.

How do you shorten (and strengthen) the process?

  • Keep clean, current financials and charts so due diligence goes smoothly.
  • Improve profitability before you list — buyers pay for reliable cash flow.
  • Separate the building so real estate doesn’t complicate the deal.
  • Line up the right advisors — CPA, attorney, and financial planner — before you start.
  • Know your after-tax cash-in-hand target so you can move decisively.

How should you plan for it?

Treat the sale as a multi-year project, not an event. Planning ahead lets you improve the practice’s value, time the sale on your terms, and coordinate the tax and retirement picture — turning a transition into a chosen next chapter rather than a scramble. That long runway is exactly what our practice transitions work is built around.

Frequently asked questions

  • Commonly several months to more than a year from decision to closing, depending on your market, buyer type, financing, and how sale-ready your practice is. Counting the preparation that maximizes value, the best outcomes often involve planning years ahead rather than months.

Sources

  1. ADA — Transitions and selling a practice
  2. ADA — Practice management resources

About the author

Ian McGinnis

Founder & Financial Planner · Investment Adviser Representative · Series 63 & 65

Ian McGinnis is the founder of Dental Wealth Partners and a fee-only financial planner dedicated to dentists. As an investment adviser representative (Series 63 and 65), he built the firm to give dentists coordinated, fiduciary advice across their practice, taxes, investments, retirement plans, and long-term goals — the whole picture in one strategy. A graduate of Belhaven University, Ian previously worked at Davis Private Wealth, MML Investors Services, and Northwestern Mutual, and is based in the Jackson, Mississippi area. He is the author of The Wealthy Dentist and hosts the Smiles & Cents podcast.

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