Sale of Established Practices and Businesses
At Klein Group, Royal LePage Commercial we are specialists in the art of selling established practices. Over many years of selling medical properties, we have learned the best practices to ensure there is a smooth selling process whilst avoiding potential pitfalls.
Our team is able to guide you through the successful sale of your practice to ensure you get the best possible deal. We will ensure you avoid any drawbacks in selling a practice, leasing a space, or even purchasing.
We are able to provide a purchase versus lease analysis and answer the essential questions for you in terms of the renewal of medical leases. Some of these key questions for clients are:
● How much should I pay for the practice?
● What is the current market position?
● What can be negotiated or renegotiated?
● What are my competitors currently doing?
As part of our services, we conduct a demographic report so you are able to understand if your ideal target market is living or working within the area of your medical practice. This report will provide you with insights into age breakdowns, incomes, population, renter/owners, and healthcare expenditures.
As a medical professional if you are looking to sell your practice we will get your property in front of your target buyers thanks to our excellent strategic property marketing. Klein Group, Royal LePage Commercial will be with you every step of the way in the selling of your practice and will guide you through the whole process.