Fair Price when buying a medical practice?

I know there are many details which are required and I plan to hire a Lawyer and use my CPA for lots of the work, but I have heard there may be some ways to get a rough idea as to a good listing price of the practice. I need to weed out some practices and focus on just the best values ---- is there a way to use gross or net income of a practice over the past few years and multiply or divide by a number to find if the practice's asking price is work negotiating or best to avoid fully? Any advice that can be offered would be a huge help, thanks!
In Buying Property - Asked by Brian K. - Mar 4, 2013
Report Abuse
Answer this Question


Mark H.
Concord, NC

I dont think your question is about Real estate - Is it?

Mar 6, 2013
Report Abuse
Annette M.
Mechanicsburg, PA

Why are you looking to buy a medical practice? Are you a physician? If you're not a physician, are you a practice manager? One doesn't decide to buy a medical practice like one may decide to buy an investment property. There are many more (human) factors in this type of purchase.

Mar 20, 2013
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question