Closing Your Sale

The biggest transaction of your life requires the most experienced and knowledgable experts to facilitate your deal.
Free Practice Appraisal

Offers To Buy

Our marketing efforts for, and financial analysis of, your practice often result in multiple buyers, increased competition, numerous offers, and sales prices consistently higher than that of other practices for sale. These offers, expressed as letters of intent, are the starting bell of the closing process.
Increased Competition
Numerous Offers
Higher Sales Price

Financial Due Diligence

The buyer and the bank will put your practice financials under a microscope to make sure your practice is as represented. They will examine every financial statement, document and report you have ever generated. They will want to know everything about everything. That won’t be a problem for you because when it comes to your practice, we will know everything about everything.
Financial Statements
Financial Docs
Financial Reports

Legal Due Diligence

This is the proof stage. Proof is required before closing will take place. You will need documentation showing exactly what you’re selling and that you have clear title, copies of all contracts, documentation of all obligations, statements of all employee insurance, agreements, and benefits, vendors lists, monies owed, and numerous other items. Errors of omission can be costly. Praxis will guide you through every step of the process so it won’t cost you. No one is more diligent than Praxis.
Clear Title
Copies of Contracts
Employee Documents

Agreements

Agreements turn intention into words. Whether it is the letter of intent, the asset purchase agreement, the employment agreement, the real estate sales agreement, the lease, the escrow agreement, or any of the other numerous documents, Praxis insures that the words on the page reflect the understanding in your mind. Practice has developed time-tested documents that we provide to you to insure your confidence in the closing process.
Letter of Intent
Lease Agreement
Escrow Agreement

Lending

Praxis serves as an expert liaison between your practice, the buyer, and the bank. The buyer’s bank looks to us to understand your practice and your sale. We support the accuracy of your practice sales price and the sufficiency of practice revenue to satisfy both buyer living expenses as well as bank debt.
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