Decide the exit before you decide the buyer
The most useful first question is not what the practice will sell for. It is what you want your life to look like the year after closing. Some owners want a clean exit on a date they set; others want a few more years of clinical work without the administrative load; others want to bring in an associate and step back gradually.
Those answers point to different buyers. An associate who is ready for ownership often means a clean, scheduled exit. A dental group can mean a different structure, sometimes with a continued working role for the seller. Neither is better in the abstract. The choice should be made before the practice goes to market, not after an offer is already on the table.
Keep it confidential for as long as you can
Staff and patients should hear about a sale from you, at a time you choose. A properly run confidential listing shows only the general area and the type of practice. Full financials are released only through a secure vault to a buyer who has signed a non-disclosure agreement and has shown that financing is in place.
In smaller communities, where dentists, hygienists and staff talk to each other, this matters even more. A rumor can cost a practice patients and team members before a deal closes.
The lease usually decides the timeline
Most California dental offices operate under a commercial lease, and a sale of the practice almost always requires the landlord to consent to an assignment. A lease with little remaining term, or a landlord who is slow to respond, is the most common reason a California sale takes longer than expected.
Reading the lease early, before any buyer is involved, lets you plan around its terms instead of discovering them in the middle of a deal.
Why a broker needs to be licensed
In California, brokering the sale of a business that includes a lease is licensed activity, and a licensee's advertising must carry their name and license number. Ask any broker for their license number and verify it with the California Department of Real Estate before you sign a listing agreement. Mine is #01926047, and it is on every page of this site.
What goes wrong most often
Sellers lose months in three common ways: asking for a price before the numbers have been read, telling staff before a plan is in place, and leaving the lease and the records until the end. All three are avoidable, and all three are easier to avoid with someone who has seen them before.