Answers

How long does it take to buy a dental practice?

From the first conversation with a broker to closing, most buyers take four to nine months. From a signed letter of intent to closing, 60 to 120 days is typical. Financing approval and the lease assignment are the two steps that most often stretch the timeline, and both can be shortened by work done before you ever make an offer.

Phase by phase

PhaseTypicalWhat happens
Getting pre-qualified1–2 weeksLender reviews your credit, experience and production history.
Searching and signing NDAs2 weeks – 6 monthsEntirely dependent on inventory in your market.
Reviewing financials and visiting1–3 weeksTax returns, year-to-date P&L, production by provider, an after-hours walkthrough.
Letter of intent3–10 daysNon-binding; sets price, structure and the diligence window.
Due diligence and financing30–60 daysCharts, equipment, payer mix, staff, and the loan commitment.
Lease assignment2–8 weeks, in parallelLandlord consent runs on the landlord's schedule, not yours.
Purchase agreement and closing2–4 weeksAttorneys draft, escrow closes, transition plan agreed.

What you can do before you find the practice

Get the lender pre-qualification. It costs you nothing, it tells you what is in reach, and it removes weeks from the back half.

Line up an attorney who has closed dental transactions and a CPA who reads dental books. Finding them after a letter of intent is signed is how a 60-day window becomes 120.

Sign confidentiality agreements early with the brokers covering your market. Being on their list is how you see a practice in week one instead of week six.

What actually runs long

Financing. A clean approval moves in about a week once the package is in. Past that, something is unresolved and it is usually easier to find out by phone than by sending the file to another bank.

The lease. The landlord is not a party to your purchase and has no deadline of their own. Their consent to an assignment is on their schedule, which is why it gets started early rather than at signing.

See the listings

Transition timeline toolBuyer tools

Related questions

How do I buy a dental practice?What documents do I need to review before buying a dental practice?

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