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Exclusive Representation Services for Extraordinary Practices

Get the elite service + marketing essential for a successful upmarket clinic sale
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You’ve built one of the most successful clinics in the chiropractic profession. And your timing is impeccable – there is significant investor interest in clinics like yours. But selling an Extraordinary practice (generally one that collects over $2 million in revenue annually) is not simple or straightforward. While selling to an investor can be very lucrative, it’s also a much more complicated exit strategy than most chiropractors expect. Investors utilize complex sale structures + meticulous “quality of earnings” reviews that leave the selling doctor’s confused + overwhelmed. This transaction will likely be one of the largest + most complex transactions you are involved in, and it will also be a significant investment for your buyer. Progressive Practice Sales (PPS) is the most accomplished brokerage firm in the chiropractic space, and we have the experience to help you to successfully + comfortably navigate this complex sale:

  • Elite Packaging :: A first-class practice presentation is essential to justify + support elite pricing strategies
  • Superior Buyer Exposure :: You need access to the select group of chiropractors + investors that have the resources + vision to take on an acquisition of this size
  • Unrivaled Sale Preparation :: Thorough practice presentation is a must to smooth your sale process + overcome the treacherous due diligence process, where 50% of sales guided by an average broker are lost
  • Intentional Sale Strategy :: Your complex sale requires a brokerage team focusing on intentionally designing your sale strategy at each step of your listing to fully optimize your sale outcomes
  • Exceptional Support :: Your sale demands access to the most experienced members of the best sale team in the industry to advise + guide you through every decision during your sale

Not just any broker will be able to provide the support required to close a high-end, complex sale like yours. Inadvertently choosing a hands-off or discount broker could cost you hundreds of thousands of dollars and years of lost time. The Platinum program has been specially designed to meet the rigorous needs of a upmarket sale like yours so you can achieve the best sale terms, structure + price at closing.

Don’t Risk Costly Sale Mistakes

Get the insights you need to make the best decisions for your practice sale.
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Why Sell Your Practice with the PPS Platinum Program?

Built for Clinics Like Yours

Platinum is designed to serve the unique needs of an Extraordinary practice sale – which are very different from a standard practice sale. Get elite, exacting preparation + analysis to optimize your listing. Benefit from our experience shepherding large + complex sales to investors. And rest assured that your sale is benefiting from thorough strategic planning with consulting + guidance throughout your listing from our Lead Broker and the entire PPS advisory team.

Maximize Your Sale

The need for thorough data preparation can’t be overstated in the high-stakes sale of an Extraordinary practice. 50% of business sales fall apart when the buyer examines the practice data in due diligence, + the vetting will be intense in a sale of this size. Platinum protects your sale price + probability by conducting our elite, proprietary data analysis so the practice data is spotless before the buyer is ever procured.

Seize Key Opportunities

Your clinic has uniquely lucrative sale opportunities in today’s marketplace, but these sales are not simple or easy to navigate. The unsupported doctor can invest hundreds of hours of time – and tens of thousands of dollars – in these sales, only to walk away with nothing. The Platinum program is the most thorough resource you need to support + guide you to the most successful sale outcome.

Superior Marketing + Sale Exposure

PPS is the trusted resource for elite listings that are of interest to the chiropractic + investor buyers qualified to make purchases of this size. These high-end buyers love our detailed prospectuses, making us their broker of choice. And we are constantly expanding our upmarket buyer network, as PPS is the #1 ranked website for chiropractic practice for sale searches, averaging up to FOUR TIMES the practice sale traffic of any other chiropractic broker!

Listing Insights

Do you know what your broker is doing for you? At PPS you get a dashboard that provides real-time insight into your practice listing. Platinum clients can always call + talk to a member of our Client Concierge team during business hours, and have text, phone + email access to connect with our Lead Broker for sale + practice management guidance throughout their sale. This transparency and support makes a world of difference when navigating this life-changing event.

Protect Your Practice Value

You’ve sacrificed years (maybe decades!) of your life building this practice. Now that it’s time to sell, you owe it to your family, your patients + yourself to protect your investment and continue your practice legacy with expert sale support + guidance. Your Extraordinary practice deserves the Platinum program’s exclusive presentation + Lead Broker sale support. It will shine in the marketplace.

What You’ll Get in the Platinum Package

Expert guidance throughout your listing + sale

Avoid costly missteps with advice on your sale AND managing your practice while selling

Investor-focused sale strategy**

Avoid costly missteps with advice on your sale AND managing your practice while selling

Proprietary data analysis + organization**

Thorough data preparation + presentation so clinic can achieve maximum value pricing at closing

Beautiful, professional presentation of your practice**

Comprehensive prospectus builds value + speeds the sale by clarifying practice operations + benefits

Data-driven pricing recommendations

Meet sale goals with our in-depth market analysis to maximize your sale value or timeline

Professionally written + designed marketing collateral**

Beautiful + aspirational marketing stands among standard, boring practice sale advertising

Nationwide marketing campaign with top buyer exposure**

Get up to FOUR TIMES the web traffic + the most aggressive advertising of any chiropractic broker

Simple + confidential sale reporting**

See real-time insight into your listing performance + marketing

Management of prospective buyer inquiries

We receive initial calls, emails, web chats + social media inquiries to protect your time + privacy

Cultivation of buyer NDAs for your review

Get insight into a buyer’s background + stated ability to buy your practice

Industry-leading responsiveness to buyer inquiries for your prospectus

Rapid responses to prospectus inquiries keeps potential sales moving

Sale management

Serve as primary contact for buyers to guide, negotiate + manage your sale

Collect buyer feedback on the prospectus

Get valuable insight into how prospective buyers are viewing your listing

Keep marketing + listing fresh

Update ads weekly + practice data semi-annually to keep the practice listing relevant + timely

Collect buyer feedback on the prospectus

Save lost time + heartache by avoiding sale efforts with unqualified buyers***

Sale Management by Lead Broker

Our award-winning Lead Broker will guide your sale from listing to closing, optimizing sale strategy + outcomes

**Exclusive service available only at PPS

Platinum Program Costs

The Platinum Program’s exclusive level of support results in the smoothest sale experience for sizable + complex transactions.

LISTING FEE

  • $4,000

FEE UPON SUCCESSFUL SALE

  • 10%

CONTRACT TERM

  • 12-18 months
FAQs (Frequently Asked Questions)

The Platinum package is designed to meet the unique needs of the Extraordinary practice. These clinics typically generate over $2 million in annual gross collections and are in the top 1% of chiropractic clinics and business models. Clinics of this stature and complexity have a sale process that looks completely different, and the Platinum program is built to meet these unique needs from start to finish. The Platinum program packages your practice to support interest + best sale return from larger investors. The decisions made during the listing are also more consequential, so the Platinum program includes more access and support from the Lead Broker and Lead Business Analyst for the entire sale cycle. The Platinum program also includes a elite marketing package, with a higher marketing investment from the PPS team to promote your practice effectively to these uniquely qualified buyers.

Sales to investors are formal + complex business transactions that look very different from a sale to another chiropractor. Here are a few of the differences that surprise many doctors: -Investors require much more extensive due diligence which requires active management -Board approval for every aspect of the sale can draw out timeline -Investors often require seller to retain minority ownership position -Seller is required to stay active in the practice after closing -The investor is typically looking for a seller excited to grow the business, not leave it -A larger investor may be focused on buying the opportunity to learn what made you successful and replicate it -Buyer may not be an expert in the chiropractic field, which can create unique challenges during the sale and transition -Sales take much longer due to through nature of the investor acquisition process, which creates more opportunities for the sale to get off-track without extensive sales management

We specialize in chiropractic clinics, including integrative + multidisciplinary clinics. This is where we have the specialized expertise, and also the best market exposure. However sometimes we do take on other listings, such as physical therapy, acupuncture or naturopathic clinics, as they have a similar and often shared audience in this marketplace.

Our success rate has ranged annually between 80-85% of our listings. The number one reason that clinics that don’t sell is the seller gets too burned out and either closes the door before a buyer can be found or reduces their hours in a way that results in a declining business trend that renders the clinic unsellable.

Industry-wide chiropractic practice sales average between 12-18 months. At PPS our average sale timeline is 7.9 months from listing to close. While our sale program is designed to sell practices in a year or less, larger clinics do often take longer to sell due to the intensive sale process involved in an investment of this size. Additional challenges like a lower-interest location or highly specialized clinic model can also impact the sale timeline. 99% of our practices sell in two years or less.

It takes most doctors about 1 – 2 hours to fill out the initial form. Once we have confirmed the information provided for the Clinic Review is complete then it generally takes the PPS team approximately two weeks to complete the Clinic Review, depending on how many other Clinic Reviews are in process at that time, your responsiveness to any follow up inquires, and the quality of the initial information received.

If the clinic has fully rebounded to pre-covid numbers, then buyers and lenders are typically granting a lot of grace for covid-related declines. However, if the clinic is still down based on monthly patient visits or revenue , then those lower numbers will likely factor heavily into valuation. That is one of the benefits of the Clinic Review, is it can help you to identify if it makes sense to list the practice now based on the clinic’s current status.

We do require a Clinic Review before starting a Full-Service or Platinum listing package. This process allows you to be sure you are comfortable with the estimated range of pricing in which we can likely list the practice before you make the investment in the upfront fee and data submission required for a full listing package. The Clinic Review also allows us to identify which listing package(s) would be the optimal fit for your practice, and allows you to “test drive” working with PPS to be sure that we will be a good fit as your partner through the sale process. However, if you prefer the High-Value package then a Clinic Review is not required.

We do utilize an exclusive contract for Platinum listings, which we find is in our client’s best interest. Working with multiple brokers exposes you to the risk of owing multiple commissions if a buyer works with both brokers without communicating that to anyone. Having multiple brokers also fragments sale efforts on your behalf, as lack of knowledge of all buyers and offers eliminates the ability to strategically move the sale forward with each buyer.

Business sales require a significant upfront investment from the broker to prepare a practice valuation and marketing package. The broker should invest heavily in time and marketing dollars in the early stages of your listing, as that gives you a strong foundation for a successful sale. At PPS we invest over 100 hours in your Platinum clinic preparation and initial marketing package. To offset this heavy investment upfront, business brokers require an initial fee to offset those initial costs and also get a sign of “good faith” that the seller is committed to the sale. If a broker does not have an initial fee then the data preparation and marketing efforts they invest will be minimal, which will truly hurt your sale timeline and success.

Testimonials

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Rachel Howley
★★★★★
"I cannot thank PPS enough for helping me purchase my practice. These people are incredible. They know absolutely everything about the purchasing process in any state and made the whole thing such an enjoyable and stress free experience. Even better, THEY KNOW CHIROPRACTIC! They know all about the profession, the business, the philosophy, the ins and outs of what we do, unlike traditional lenders, insurances, and so many other entities. I won’t lie I was super skeptical about working with a broker, but they have completely erased all that uncertainty. I literally could not have done this without their knowledge, skills and coaching. Not to mention, everyone is so friendly, communication is fast, and they are motivated to get your deal closed so you can get to work. They are accessible to you practically whenever you need it to answer questions and help every step of the way. I even purchased an addition support package and that may be the best money I have ever spent. I didn’t think I would need it, but I found you are paying for their expertise and experience and that was worth so much more than what I paid for it. Thank you so much Progressive Practice Sales for making my dream of owning my clinic a reality! If I ever decide to sell or even purchase another clinic, you will be my first call. Forever grateful to have had the opportunity to work with you. Seriously, everyone here is incredible in so many ways, you NEED them!"
Jason Matthews
★★★★★
"I cant say enough great things about Progressive Practice Sales! When I was trying to buy my chiropractic clinic, I got denied by multiple different banks due to reasons outside of my control and thought that it was never going to happen. Once I contacted Progressive Practice Sales, they went above and beyond of what was possible and found a way and a bank that would work the practice file and eventually give me the option to buy the practice of my dreams. If it wasn't for Progressive Practice Sales, I wouldn't have my own practice and running my own clinic. Thanks to Stacie for helping me through all of the paperwork and little details to make this happen. If you are looking for a company that goes above and beyond, I would give them a try, as they are a life saver for me! I would recommend them to anyone who has tried to get a loan and have been denied by banks, they will go that extra mile to make it happen...!!!"
Jared Gruhl
★★★★★
"The crew at PPS did a phenomenal job helping me with my practice acquisition. The price I paid was well worth the peace of mind and confidence they gave me throughout the months-long process. I didn't know what I didn't know, and they helped anticipate everything that would happen along the way. In the end, I ended up securing a really great interest rate, saved a lot of money, saved even more time, and got more in working capital than I originally asked for. I was a little hesitant to hire them, since they were representing the seller at the same time. However, at no point did I fear that I was getting taking advantage of in favor of the seller. They were consistently open, honest, helpful, respectful, and great at keeping the communication lines flowing. I'd hire them again for sure, and I plan to if and when I sell in the future!"
David Juratovac
★★★★★
"Stacie and the team at PPS were so great to work with through my clinic acquisition. Any time I had questions or needed to send off some piece of information, I would get an almost immediate response. The process was clearly laid out and it all went as smoothly as I could have hoped. Even with some slow-downs during the sale, Stacie and the team kept me updated as soon as advancements were made, as if I were hearing the information right alongside them. I can't recommend Stacie and the team at Progressive Practice Sales more. I will surely be back to work with them in the future."
Lisa Parissi
★★★★★
"As a Chiropractor, I always knew that I wanted to own my own practice. Thankfully that dream is coming true due to the awesome team at Progressive Practice Sales. Crystal and Kevin were so thorough and helpful throughout the process. They guided me in my decision as to which practice would best fit both my needs and personality as well as the seller’s. I’m literally buying my dream practice. They provide in house financing through Stacie, the broker, who I can’t possibly say enough good things about! She has been amazing! I’m eternally grateful for this opportunity and would highly recommend PPS to any doc who is ready to take their career the next level."
Philip Runge
★★★★★
"Progressive was able to help us find the perfect clinic! They were super helpful in every aspect of purchasing a practice. The whole team at Progressive made it possible for us to move to a new area of the country that we love and get going with an already successful chiropractic office. After unsuccessfully trying to purchase a practice with other brokers, the team at Progressive not only made it possible for us to realize our dream but they also were able to connect us with a seller that was a perfect fit. Thanks again and I will certainly recommend Progressive Practice Sales to all of my other chiropractic colleagues :)"
Damon Noonan
★★★★★
"I highly recommend Stacie and her team for getting my deal done, that I otherwise most likely could not have on my own. When it comes to filling out all the necessary paperwork, communicating with the banks, attorneys, meeting deadlines and keeping everything on track, an experienced, professional broker is extremely helpful. There will always be hiccups and nothing goes as planned so having someone who can assist you and in some aspects take over the process for you is essential. I would have not been able to handle the many facets of the process for getting a loan by my self."
Dr. Nathan Fisher
★★★★★
"Very impressed with their willingness to help and knowledge throughout the entire process. Compared to other practice sales companies they blow them out of the water. Their website is fresh, clean and eye-popping. As a buyer, I was drawn to them more than others. They put together a practice prospectus for sellers that answers all potential questions buyers want to know and is far more comprehensive than others. I would highly recommend for both sellers and buyers!"
Neils Larson
★★★★★
"Progressive Practice Sales was a huge help for me buying a practice. I had no prior experience in buying or selling anything like this, and they helped explain everything along the way. They were very patient with all of my questions, and let me know what I needed to do step by step. They were also very helpful in finding me the right Lender. I had trouble getting enough capital for the down payment, and they helped to work with me to find a lender that would work with our situation."
Dr. Jaime D.
★★★★★
"I came across PPS online and decided to give them a shot since they were chiro specific. I had a clinic I already wanted to purchase that wasn't listed with them. They connected me with Stacie Helton and she became my point person for financing. She was my anchor through the entire process. Without her I could not have pulled it off. The fee was reasonable and she was WORTH EVERY PENNY! If I could rank them higher than 5 stars, I would."