Dr. Arvin Mehta of Vacaville, California was ready to jump into the new role as an owner dentist by purchasing his first dental practice. He was determined to personally take care of every step involved in setting up his practice, including securing the offer to lease and dental lease agreement.
“I had originally been hesitant to sign up with Cirrus thinking I could do everything myself.”
– Dr. Arvin Mehta
The Problem
After being presented with the office lease agreement and reviewing it, the doctor soon realized that he did not have the time or expertise necessary to work through the tedious details within it, and bear the lease negotiation process alone. There was worry he could potentially be inheriting a bad lease with hidden language and clauses that could cost him hundreds of thousands of dollars in problems, jeopardizing his long-term investment; this was not a risk he was willing to take.
The Challenge
Dental offices are expensive, difficult-to-relocate businesses, therefore it’s the dental office lease that acts as tool to protect a doctor and their practice. Dr. Mehta was looking for the following achievements in his dental office lease negotiation:
The Solution
Dr. Mehta sought out the expertise of the dental office lease negotiators at Cirrus Consulting Group to have his lease professionally analyzed and negotiated before the practice purchase. Cirrus took the doctor through their strategic seven-step lease negotiation process, first by assessing and understanding his practice needs and career goals, and then by reviewing the offer to lease, and subsequent lease agreement.
Cirrus worked with the doctor to create a solid lease negotiation strategy, resulting in the following key “wins”:
“Cirrus has modified, tweaked, and finalized a great new lease for me as I jump into the new role as an owner dentist. In the end, the work that Cirrus was able to complete will pay for itself in a relatively short amount of time, and more importantly, proved to be well beyond my capabilities. I would highly recommend the Cirrus team to anyone needing help with their lease.”
– Dr. Arvin Mehta
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