Selling Your Chiropractic Clinic and Real Estate: Key Considerations
Dr. Randi Ross delves into the critical considerations when selling a chiropractic clinic and its associated real estate.
In this episode, Dr. Randi Ross, CEO of Premier Practice Consultants, delves into the critical considerations when selling a chiropractic clinic and its associated real estate. Dr. Ross discusses the pros and cons of selling the real estate, the financial and tax implications, and the importance of consulting with financial advisors. The video covers various scenarios where keeping or selling the real estate may be beneficial, the importance of property appraisals, and provides insights into banking programs like SBA loans that offer zero down payments for qualified buyers. Dr. Ross also touches on practical challenges such as maintenance costs and the preferences of potential buyers. This comprehensive guide aims to help chiropractic clinic owners make informed decisions about their real estate when preparing for a sale.
00:00 Introduction to Selling Your Chiropractic Clinic
00:35 Deciding Whether to Sell Your Real Estate
01:07 Understanding Tax Implications
02:03 Evaluating Buyer Potential
03:52 The Role of Real Estate Appraisals
04:45 Negotiating Real Estate Deals
05:13 Client Consultation and Decision Making
07:45 Banking Programs and Financial Incentives
10:27 Final Considerations and Advice
13:15 Conclusion and Contact Information
