For buyers

 Clean sale, closing, transition, exit. 

What this means: This is the most familiar type of transaction. The practice is sold in a single transaction, typically at closing.

Key characteristics:

• Practice is purchased outright
• Seller receives proceeds at closing (subject to financing terms)
• Short transition period is common
• Seller exits the practice after transition

Best suited for sellers who:

• Want a clean and timely exit
• Prefer a defined closing date
• Do not wish to remain involved long term

Best suited for buyers who:

• Want immediate ownership
• Have financing in place
• Are ready to take over operations

 Structured associate → equity → ownership over time. 

What this means: This approach allows the seller to transition ownership gradually over time. An associate doctor joins the practice under a structured agreement and builds equity while integrating into the practice and community.

All key terms are established from the beginning.

Key characteristics:

• Associate joins the practice from day one
• Equity is earned or purchased over time
• Seller gradually reduces involvement
• Full ownership transfers at the end of the contract period

Best suited for sellers who:

• Prefer a gradual wind-down
• Want continuity for patients and referrals
• Are open to mentoring and transition

Best suited for buyers who:

• Want ownership without an immediate full buy-in
• Prefer hands-on mentorship
• Value continuity and stability