Leasing vs. Buying

A well negotiated lease increases a dentist’s flexibility to sell their practice.

The success of any dental practice depends largely on the decisions made regarding potential for growth and availability of opportunities.

Dentists who purchase real estate property to run their practices acquire a great deal more responsibility and increased costs. As property managers now, dentists deal with increased obligations which inadvertently takes away time and concentration from their core business of dentistry and providing quality patient care.

Particularly at time of retirement, dentists who have purchased the property of their dental office leases either transition into landlords or find it extremely difficult to sell their dental practice (which is already an expensive investment) as well as the real estate property to one buyer.

In the case of dentists who have leased office space, as long as their lease agreements have been well negotiated it provides them with increased flexibility to sell their practice or transition out of it by transferring the practice to another dentist.

Cirrus Consulting Group has over 15 years of experience and has reviewed thousands of dental office lease agreements across North America. Our knowledge and expertise is your best ally when it comes to making sure that your lease is a ‘good’ lease for your practice.

OUR LEASE NEGOTIATION SERVICES INCLUDE:

Critical Dates and Risk Assessment (CDRA)
We review and analyze your dental office lease to flag critical action dates and identify any hidden risks. Next we create a tactical plan on what the ideal lease should look like and how to negotiate for it effectively. Learn more

Professional Lease Negotiation
Cirrus handles the entire lease negotiation process, from start to finish with an aim to increase practice value, reduce risk and secure the best possible lease. Learn more

Still wondering if you should Buy or Lease?
Visit our RESOURCE page to download a complimentary guideline.

To learn how you can benefit from our expertise, click here or call us today at 1.800.459.3413