Thinking of selling your practice?
Kikada Lane Dental Group welcomes established dental practices, who share our values and people-first approach, to join our community of dental and business professionals.
Selling your practice is undoubtedly one of the most important decisions you’ll ever make, which is why we work collaboratively with you to ensure the transition to Kikada Lane Dental Group is seamless.
When it comes to determining the terms of the sale we recognise that “one size doesn’t fit all” and will look to customise an approach that balances the needs of you and your team with those of Kikada Lane Dental Group. Committed to drive best practice initiatives, Kikada Lane Dental Group is guided by the philosophy of being stronger and more effective together.
Our partnership model empowers our practices to focus on the front line of dental, retain their established brand and local identity, preserve and enhance their unique culture, whilst adding opportunities and benefits only achieved by working together as a group.
People are the core of our business, we value open communication based on integrity, transparency and mutual benefit. We will embrace and drive change and actively pursue growth and continuous improvement for all our practices.
We appreciate you’ve worked hard to build your business and make it successful. If you are considering selling or planning for succession, Kikada Lane Dental Group can guide you through the process, with the highest level of confidentiality, ensuring your business continues to prosper whilst preserving your legacy.
Benefits of selling your practice to Kikada Lane Dental Group
Keep your brand
Your practice will retain its own established brand and local identity. We respect and value the reputation that you have developed with your community and believe that keeping your practice name and brand is important. We also retain your practice team and they will continue to play an important role in the future success of the practice.
Training
We are focused on developing our people and are establishing a comprehensive training and development offering that will provide a range of professional development opportunities. Our Clinical Advisory Committee will harness the collective expertise across our community to help shape programs that ensure each member of our team is best equipped to always deliver the best standard of care and service.
Goods and equipment
Economies of scale and supplier relationships have allowed Kikada Lane Dental Group to source goods and equipment at more competitive rates than what you would typically be able to achieve individually.
Administration support, HR and marketing
Our Support Office will provide you with the centralised services that are critical to the smooth running of your practice including, finance, payroll, human resources and recruitment, information technology and marketing. We understand that your priority and passion is to deliver the best possible experience to your patients and that’s why our Support Office teams are there to help you with these other important tasks.
Employee benefits and wellness support
Kikada Lane Dental Group’s employees enjoy a broad range of employee benefits including ongoing training and professional development opportunities, practice and employee award initiatives, flexible working opportunities plus much more.
What are the next steps
You have dedicated a lot of time building up your practice and reputation, and we appreciate that there are a lot of factors for you to consider when selling your practice. We will spend time getting to know you, your practice, your goals, and your future plans. We will also give you a sense of who we are, what makes us different, and share our approach to supporting practice owners achieve their goals.
It is very likely that you will have questions since we last caught up and we may also want to clarify some points with you. We will spend some time understanding the things that would be most important to you in selling your practice or entering into a partnership with us. We will then agree on whether to proceed to an obligation-free valuation of your practice.
We will sign a non-disclosure agreement and request some information that will enable us to undertake a valuation of your practice. We will then discuss with you a set of commercial terms to buy your practice.
We will go through a structured process of validating all of the information provided to us and complete our final checks prior to making the offer unconditional.
We will settle the financial aspects of the sale and transition the practice and team across to our growing Kikada Lane Dental Group practice community.