Step 4: Close Your Sale
Due Diligence & Contracts
Your closing is where the rubber meets the road. After you accept an offer, the buyer and the bank will examine your financials, confirm the valuation, verify the buyer can support the debt service, require legal documentation of ownership, agreements will be drafted and signed.
"Praxis sold my practice for over 50% more than I had been offered 2 years prior. We received multiple offers and sold my practice for over 100% of revenue. My broker negotiated and achieved my desired work schedule within my retirement timetable. The sales price was allocated favorably to provide me with as much of the sales proceeds as possible. Praxis is a company that I would recommend to my colleagues and a comprehensive service that more than pays for itself."
- - Dr. John Kasmersky, Broadway Animal Hospital