To both the seller and the buyer, the practice valuation (or, appraisal) is perhaps the first important step in the practice transition process. Our knowledge and experience make the difference in the end result.
Marketing Your Practice
Pricing the practice is just the beginning. When warranted, The Almonte Fallago Group can provide you with recommendations about what steps may be needed to make your practice more marketable.
Negotiating & Facilitating Your Practice Sale
The Almonte Fallago Group attorneys work as facilitators to assist you and your advisors in structuring the terms of the transaction.
Real Estate Sale
We are licensed real estate professionals and Realtors and can assist you in the selling of your real estate. We will discuss with you the best approach to take on the sale of your real estate and whether it makes sense to sell the real estate as part of the practice sale or to enter into a lease. Our knowledge of the loan process for real estate and in-depth experience enables us to guide both the buyer and seller.
Our knowledge of the loan process and in-depth experience enables us to guide buyers to the right lender to fit their needs. And also allows us to assist an established practice with refinancing options.
Legal Representation (sellers)
We provide legal representation in transitions where we are not acting as a broker. We have extensive legal experience respecting partnership buy-in or buy-out, as well as outright sales or purchases.
Pre-death And Disability Transition
Once you turn the age of 50, it is highly recommended that you do pre-death and disability planning to assure your family of the stability of your practice and it’s value.
From the moment we bring a buyer and seller together, we begin to work closely with the seller and buyer on the transition process to ensure that it is smooth and successful for everyone involved.
We provide an opportunity for employers to meet an associate candidate through our job postings. You are free to review the positions posted or post a position wanted and we will put the parties in contact with each other. All identities remain confidential pending authorization by the respective parties. There is no fee charged for placement of an associate.
It is fortunate that today bank financing is widely available for both practice acquisitions and real estate purchases. It is a good idea to get PREQUALIFIED for your purchase in advance as many sellers will not entertain an offer without a pre-approval.
You should ask the lender if the credit pull is a ‘hard’ pull or a ‘soft pull’. A hard pull can negatively affect your credit score, whereas a soft pull on your credit will not.
"Selling a dental practice is at times a stressful, emotional rollercoaster ride. Jean and Paul Fallago provided the expertise and hand holding that was critical during the entire process. I highly recommend them for anybody considering this phase of their professional career."Ernest Corner, DMDWarwick RI
Jean made what we had anticipated to be a very stressful event totally stress free. She was accessible 7 days a week and guided us every step of the way. She is a true professional.John Carrocia, DDS & Elizabeth Carrocia DDSCranston RI
Peter Almonte was highly professional. They did not treat me as a number but as a valued client. They are very knowledgeable about practice transitions, and were attentive, and prompt to respond to all my concerns. I feel like I have made new friends. It was a pleasure working with them.Marc J. Franks DMDNorwalk, Connecticut
Looking to buy, sell, or partner in a dental practice?
Benefit from the experience and expertise of The Almonte Fallago Group.