Buying and selling dental practices, worked from the buyer's chair
The person buying an existing business in the United States gets the same two answers late: what the purchase really costs at the keys and every month after, and what is still missing from the pile of documents the seller promised. Keysvo is two free worksheets and one paid register for that buyer, whether the business is a dental practice, a laundromat, a restaurant or an unnamed established business. The acquisition cost calculator takes the price, the SBA 7(a) share, the seller note, working capital, closing costs and the seller's earnings and returns the cash you need at the keys, the monthly payments on both notes and what is left after your own pay. The checklist sheet takes one target's price, collections, patients and the documents requested and received and returns the price ratios, the items outstanding and the days you have to chase them. Both compute in the page with no account.
Keep the deal, not just the sum
The calculator answers one target this afternoon. Keysvo Pro is every target, offer, diligence item and lender date in one register with a reminder before each deadline, for $14 a month.
One place for every business you are trying to buy
- The purchase costed as cash at the keys and a payment every month, before the offer goes in. An asking price is not what a purchase costs. The bank's share, the seller's note, working capital and closing costs decide the cash you bring, and the two notes decide what the business has to earn every month. Keysvo works both from your own figures and keeps each version you tried.
- Every document requested, who owes it and how many days remain to closing. Due diligence fails by drift: the seller sends fifteen of twenty-four documents and the rest slip until the week before closing. The register lists each item, the date it was asked for and the date it arrived, and counts the days left so the chase happens in week two rather than week eight.
- Targets, offers, lenders and dates on one list your attorney and lender can read. Most purchases live in an inbox and one spreadsheet that only the buyer understands. Pro keeps the sellers, the targets, the offers and counters, the lender and the closing date together, with a reminder before each date, so the people helping you see the same file you do.
The free tools
Two sheets, one for the money and one for the paper. The acquisition cost calculator is the funding stack: price times the SBA share is the bank note, price times the seller share is the seller note, and what is left of the price is your cash on the deal; add working capital and closing costs and that is the figure you bring to the keys. The two notes are amortised at the rates you enter, 10 years for the SBA note and 5 for the seller's, and the seller's discretionary earnings less your own pay less the two payments is what the business leaves you in year one. The checklist sheet is the diligence file: the asking price as a share of collections, the price and collections per active patient, net income after overhead, and the documents still outstanding against the days left to closing.
- How to buy an existing business with no money: Turn the price, the SBA share, the seller note, working capital and closing costs into the cash you need at the keys, the monthly payment on each note and what the seller's earnings leave you after your own pay, from your own figures.
- Buying a dental practice checklist: Turn one practice's asking price, collections, patient count and document list into the price ratios, the net income before your pay, the documents still outstanding and the chase rate that closes on time, from the seller's own reports.
Keysvo Pro
The sheet costs one target today. Pro keeps the targets, the offers, the diligence list and the lender's dates side by side, so the second practice you look at is compared with the first instead of costed from scratch. Keysvo Pro is $14 per month for you and everyone working the purchase with you, billed monthly.
