Unpacking Practice Valuations with Brannon Moncrief

Text ‘bulletproof’ to 345345 to stay in the know about all things Bulletproof, and buy the book HERE!   Bulletproof Dental Practice Podcast Episode 94 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guest: Brannon Moncrief   Watch full video of the interview by clicking here!    Key Takeaways:   Starting Dentappraisal Background of Brannon When did the 75% - 85% of topline revenue become the practice valuation? Easy metrics Specialty Practices Buy-ins and margins are substantial High profitability Level of vulnerability What portion of sales are from people wanting to sell their practices vs those looking to onboard a partner Reviving management burden Moving locations EBITDA or subjective valuations 7 key factors for valuation Revenue level and trends Profitability level and trends Type and size of patient base Hygiene production and service mix Facilities and equipment Location Opportunities for growth Average profitability of practices of 1.5 million and above Definition of EBITDA What is the average payment the DSO is taking after you sell? How private equity more often that not doesn’t help industries The average days on the market for a practice Options available on the marketplace Advice to the industry Know your revenue Monitor your practice Manage it appropriately What is missing from the market         References:   Dentappraisal