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Seller Questions

As a Seller:

  • How do I start the process of selling my optometry practice?
  • What are all of the steps, from initial decision to sell, to closing on the sale of the transaction?
  • What is the fair market value of my practice?
  • How do I increase the fair market value of my practice before I sell?
  • How do I know whether the buyer is “real”?
  • How do I make sure that I am getting a fair deal?
  • What are all of the important terms that I should negotiate to sell my practice?
  • How long will it take to sell my practice?
  • When do I tell the employees?
  • What documents do I need to collect in order to sell my practice?
  • How long should I keep my malpractice insurance in place?
  • What do I do about my lease?
  • If I own my building, what do I do about my building?
  • Should I stay on and practice part-time after the closing?
  • How much is all of this going to cost me?