The Impact of Covid-19 on Dental Practice Sales
Another aspect of the dental profession affected by the COVID-19 crisis is the impact it has had on the sale of existing practices. With dentists across Canada either selling or thinking of selling their practice when the pandemic hit, what effect have practice closures had on the market?
Dr. Bernie Dolansky, CDA and ODA past President and Transition Consultant with tierthree.ca, talks to Dr. John O’Keefe, Director of Knowledge Networks CDA, about the dental practice resale market. He reassures dentists that, although deals are not currently closing, buyers are still active in the market and there is every reason to believe that values will withstand the COVID-19 crisis, just as they have withstood other crises in the past.
We hope you you find the conversation helpful. We welcome your thoughts, questions and/or suggestions about this post and other topics. Leave a comment in the box below or send us your feedback by email.
Until next time!
CDA Oasis Team