Testimonial from Patrick Quain, D.D.S.
I started this process over one year ago with Henry Schein Professional Practice Transitions (HSPPT and their representative, Sara Marterella. I am a one-person, small general dental practice in Lansing, ...
I started this process over one year ago with Henry Schein Professional Practice Transitions (HSPPT and their representative, Sara Marterella. I am a one-person, small general dental practice in Lansing, MI. I have been in practice in the same location for approaching 40 years. When I first contacted Sara it was strictly to gather information about practice transition options. I had no idea how much my practice was "worth" on the open market. So the first thing Sara recommended was a certified practice appraisal which HSPPT would accomplish. I moved forward and soon had a certified practice appraisal in hand that then allowed me to start exploring options of a potential sale and retirement. Sara was extremely professional, courteous, and helpful in the fact-gathering first phase of what would soon turn into a practice sale. Next, I decided to move forward with placing the practice on the market which was not a straightforward endeavor for neither Sara nor me. I had been practicing in the same location for nearly 40 years! The building I started in 40 years ago was a converted home to office setting by the landlord just as I started looking for office space as a young D.D.S. Now, 40 years later as I decide to sell my practice the landlord, who had always been uncooperative, decided to sell his building. He told both myself and Sara he would not entertain writing a lease for a "new" D.D.S. to take over my business, he wanted out of the building. His price was outrageous which left little options on getting anyone to buy my existing practice with no lease available. Sara reviewed every conceivable option with me in an attempt to still potentially sell my practice in some fashion. Then, COVID hit and the landlord never listed the building, just sat on it and left me dead in the water. Finally, Sara contacted the D.D.S. directly across the street and began a negotiation with him, which led to the sale of my practice!
Sara worked diligently through the merger process and brought me the best possible outcome in a less than ideal time and circumstance that allowed me to sell and move forward. Her knowledge, professionalism, pleasant personality, and persistence sealed this deal and allowed me to move on with life after Dentistry. I would highly recommend Sara Marterella and her team for anyone interested in a practice transition, she delivered under less than ideal conditions!
– Patrick Quain, D.D.S.
– Lansing, MI