Price my practice
Free · no sign-up · 2026 multiplesWant the full breakdown with adjusted-EBITDA add-backs and how offers are typically structured?
Get my detailed valuation reportEnter five numbers and get an instant range: your estimated EBITDA, what a private dentist buyer would likely pay, and what a DSO would likely pay in today's market. No account required.
Want the full breakdown with adjusted-EBITDA add-backs and how offers are typically structured?
Get my detailed valuation reportThe calculator estimates EBITDA from your collections and margin, then applies current DSO market multiples adjusted for practice type, scale, capacity, and your transition plan. It produces a range, not an appraisal.
Single-location general dentistry starts at 4.0x to 6.5x. Specialty practices, groups, and practices above $1M EBITDA move the range up. Exiting at closing moves it down about a full turn because DSOs price provider dependence as risk. Staying three or more years moves it up modestly.
The detailed report normalizes EBITDA from your actual P&L rather than a stated margin. That step usually moves the number 10% to 25% in either direction, which is why the calculator output is a starting point for a conversation rather than a price. See how these ranges are assembled.
| Factor | Effect on DSO multiple |
|---|---|
| EBITDA above $1M | +0.5x |
| EBITDA above $3M | +0.5x more |
| EBITDA below $250K | −0.5x to −0.75x |
| Pediatric, ortho, perio | Base range 5.5x – 7.5x |
| Oral surgery, endodontics | Base range 6.0x – 8.0x |
| Multi-location group | Base range 6.5x – 8.5x |
| 8+ operatories, single site | +0.25x on the top of range |
| Owner exits at closing | −1.0x |
| Owner stays 3+ years | +0.25x to +0.5x |
Adjusted EBITDA is operating profit before interest, taxes, depreciation, and amortization, with owner-specific and one-time expenses added back and a market-rate salary for the owner-dentist subtracted. It is the number every DSO offer is built on.
The replacement-salary adjustment is the one most dentists miss. If you produce $900,000 a year and pay yourself $400,000, a buyer will need to pay an associate roughly 28% to 32% of that production to replace you. That cost comes out of EBITDA before any multiple is applied.
| Item | Direction |
|---|---|
| Owner compensation above market associate rate | Add back |
| Personal vehicle, travel, meals, family payroll | Add back |
| One-time legal, equipment, or build-out costs | Add back |
| Above-market rent paid to owner's real estate entity | Add back the excess |
| Market-rate replacement salary for the owner-dentist | Deduct |
| Below-market rent that will reset at sale | Deduct the shortfall |
| Deferred maintenance or required capex | Deduct or price separately |
DSOs typically pay 4.0x to 9.0x adjusted EBITDA. Single-location general practices with $300,000 to $700,000 of EBITDA usually see 4.0x to 6.5x; specialty practices and multi-location groups see 5.5x to 9.0x or more.
No. EBITDA starts from operating profit and adds back interest, taxes, depreciation, and amortization. Adjusted EBITDA then adds back owner-specific and one-time expenses and subtracts a market-rate replacement salary for the owner-dentist.
DSOs price on EBITDA and expected synergies from centralized billing, purchasing, and recruiting, and they have institutional capital. Private dentist buyers are typically constrained by bank financing and price closer to 60% to 85% of collections, which usually works out to 2.5x to 3.5x EBITDA.
No. Enterprise value is the headline price. DSO offers typically split it among cash at closing, rollover equity in the DSO, an earn-out tied to future performance, and a holdback. Cash at closing is often 60% to 80% of enterprise value.