In Mumbai, our experienced team will help you with an end to end service right from viewing the practice to the day you are handed the keys to your dream practice.
We assist you in understanding the complex facets of buying a practice, including valuation, negotiations, legal due diligence, and financing to help you acquire a practice that’s a perfect fit for your needs and specifications. Find the link to the complete process here
Let us help propel your careers and put you straight into the fifth gear with a safety harness through seamless practice acquisitions.
The Buyers’ Process
Browse through all the practices listed on our website.
On reviewing the prospectus, if the practice appeals to you, you can then request a viewing of the practice through Doctor Estate. You can tour the practice, meet the seller and discuss practice philosophy and finances.
After the viewing, we will contact you for a feedback. If you are interested in the practice, Doctor Estate will help you liaise with the seller, to progress things further.
Once you have narrowed down on your desired practice, you can place an offer to the seller via Doctor Estate. In order to avoid disappointment, we recommend placing a fair offer promptly as multiple buyers maybe interested in the same practice. ALL offers are forward to the seller, and the seller uses his discretion to accept the best offer, which may not necessarily be the highest offer.
The role of Doctor Estate is dual representation of both the buyer and seller interests. Therefore we remain unbiased mediators during any negotiations between the buyer and the seller. If there is any disagreement on the practice value, both parties can avail our valuation services to get a more in-depth analysis of the practice. The report offers you a snapshot of the state of business’ health and finances to derive at a fair market value for the practice.
Once the price and terms of the sale have been accepted by the buyer and the seller, a predecided amount is paid as deposit/ professional fees by the buyer In order to secure the sale and take the practice of the market. A memorandum of understanding consisting of preagreed terms and conditions would have to be signed by both parties to commit to the transition.
You had the option to be referred to our empaneled solicitor to carry out the due diligence for the property and aid you with any legal documentation to help in the seamless transition of the sale or you could also consider hiring your own solicitor for the same.
We can also signpost you to our team of experienced financial advisors who could help you in securing a loan for the purchase.
Your dream practice is ready for you to move into.
Becoming a member with Doctor Estate is quick and simple. There are several benefits of the membership:
Detailed prospectuses of the practices of your choice
Dedicated business development manager who would understand your needs and will guide you through the entire process of practice acquisitions which will include arranging viewings of practices, liaising meetings with practice owners for negotiations, allied service provisions like valuation services, contract lawyers services etc.
Weekly news letters updating you about the latest practices on the market specific to your requirements
Access to free webinars and lectures conducted by house hold names in the dental industry