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I spoke to the dentist. He was retiring and the offer was very, very good. The PE firms can afford this because they know they will get to squeeze a bunch of
by edoceo 3y ago
I spoke to the dentist. He was retiring and the offer was very, very good. The PE firms can afford this because they know they will get to squeeze a bunch of consumers for the next 10 years.
- anthonypasq 3y agoso what are you bitching about/suggesting should happen? People should not be allowed to sell their businesses for what they are worth?
- ryandrake 3y agoWait a minute, if the dentist was retiring, why would the PE firm buy his practice? There'll be nobody to clean those customers' teeth. Are they just paying a fortune for the office, equipment, and customer list?
- Spivak 3y agoTechnically not the last one but broadly speaking yes, you can't transfer the client list when you sell your practice.