What are the steps involved in buying a practice?

February 21, 2014 by Nhi Huynh in

There are many steps involved in buying a practice. But here the major ones are as follows:
– Tell LCF the practice that you are interested in.
– We schedule an appointment for you to visit the office.
– We help you make an offer upon your terms and conditions.
– We negotiate with the seller to help reach an agreement on the
purchasing terms.
– You do the “due diligence” of reviewing the financials, equipment etc. Buyers retain attorneys pr consultants to do paper work at extra cost. Some buyers do the “do diligence themselves. (It’s a personal choice.)
– We negotiate with the landlord to transfer the lease from the seller to the buyer.
– We set up escrow for you.
– You close escrow when all is complete.

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From Our Clients

  • "Your outstanding results will be shared with everyone I come across that may need a broker ...  Thanks for all your time and guidance with this challenging transaction.  "

    Dr. Danny T., Los Angeles County


Contact LCF Practice Sales and Financing, a division of LCF Financial, Inc.


515 North Fairview St.
Santa Ana, CA. 92703


(714) 550-7494

Special Need Please Call:

1 (800) 550-9228


(714) 558-6051