If you own a health care business, there may come a time when you decide it’s time to sell. This decision can be triggered by a number of reasons — whatever the reason is, you’ll want to get the best price you can for your business. Placing a dollar value on a health care business is more of an art than a science. For many owners, it can be tough to take an objective look at their company — and put a price tag on it.
MedPros is Ontario’s premier solution for those looking to sell their medical business. We understand you’ve worked tirelessly to build your company, and that you want to get top dollar for all that you’ve worked so hard to build from the ground up. When you’re looking to make the most out of this expenditure, there’s no room for mistakes — you should only trust the experts to give you advice and guide you through the process.
From our initial meeting to the final sales agreement, MedPros can support you throughout the entire sales process. Don’t trust your healthcare business with just any real estate agent or broker. MedPros is a specialized company that knows all the ins and outs of all types of healthcare businesses in Ontario. Our team makes it possible for you to connect with investors and healthcare professionals looking to acquire a business like yours.
MedPros can help you sell:
Medical clinics, including walk-ins
Diagnostic imaging clinics
Physiotherapy clinics
Dental offices
Pharmacies
Multi-specialty clinics
What We Offer
From our rigorous customer service standards to our knowledgeable sales expertise, client satisfaction is our top priority. Here’s what you can count on when you have the MedPros team working for you:
Confidentiality
From the moment you arrive in our office, we promise to practice the utmost discretion. Our team takes confidentiality very seriously; each of our clients signs a confidentiality agreement, designed to protect their interests. This also holds MedPros to a higher standard of conduct when speaking to potential buyers on the client’s behalf.
Valuation
Our team has the expertise to handle business valuations, which can be a detailed and complicated process. We have the skills to build a valid case behind your organization’s estimated value. Potential buyers want to see solid financial records to justify your company’s worth. MedPros can help you prepare these documents, and present your business at its best.
Thorough Preparation
We do our homework. When you hire MedPros to sell your business, you can be confident we’ve put in a lot of effort to prepare. This includes learning about your business, identifying your goals, and putting together an attractive buyer’s brochure. We spend countless hours making sure your business is positioned to sell.
Serious Buyers
MedPros does not advertise on multiple listing sites (MLS). We use our own well-established private networks to get the word out about your business. This ensures your company is not exposed publicly. It also prevents ‘window shoppers’ from taking up too much of your valuable time. If someone is interested in learning more about your business, we do our best to ensure they are serious inquiries only. Each prospective buyer is also required to sign a non-disclosure agreement. This contract keeps them from sharing confidential information about your business with others.
With You Every Step of the Way
MedPros is the only company in Ontario that provides a one-stop turnkey solution for our clients. We have the skills necessary to not only guide you through the process, but ensure that you’ll get the best price for your business. From reviewing your business, providing you with a professional appraisal, and establishing a fair selling price, we’ll be with you every step of the way.
When you work with MedPros, you can also count on us to:
Manage offers and negotiate sales price with interested buyers
Help buyers secure funding or obtain a bank loan
Assist with inventory counts and equipment valuation
Manage the transition/training period upon closing; includes transferring all licenses, software agreements and any other contracts to the new owner
The MedPros Advantage
We specialize in selling health care businesses and can help you get the best return when selling your practice. From drafting asset or share purchase agreements, to negotiating a fair sales price, and creating business plans to ensure longevity, we can assist with all aspects of your sale. With our team in your corner, you can be confident knowing your business is being marketed to the right people — and you’ll never feel like you have to navigate the sales process alone. Allow us to position your business as an attractive investment, and bring you one step closer to finding that perfect buyer.
Count on MedPros to help you sell your business stress-free, and for a price you’ll be content with. To learn more, or for a free consultation, call MedPros at 416-479-0077 or contact us here.