To Whom It May Concern,
I met Phil Cole from Legacy Practice Transitions at the Chicago Dental on February 26th, 2016. After meeting with representatives from three different transitions companies, I decided to work with Phil.
My wife, Robin, and I met with Phil to discuss our needs and to begin the process of doing a practice evaluation. Phil was always available by phone to answer our questions and guide us through the process. He understood that selling a dental practice I have developed over 38 years is a difficult decision so he provided us with guidance and support throughout the process. I asked Phil and the companies with whom I met how long it generally took to sell a dental practice and I was told a year to a year and a half.
Within 3 months of making the decision to work with Phil, I had 3 different offers on my practice. Phil came to Grand Rapids for the meetings with each potential buyer. He spent time with us after each meeting so we could ask questions. Our decision came down to 2 companies and we really struggled to choose between the two because each offer had different positive aspects. Phil reminded us of our original discussion as to what we needed, and guided us towards the company that offered everything we asked for even though this was the company who offered us the lower price. This is important to me because it showed me that Phil was looking out for my wife and I even though, by taking the lower priced offer, he would be making a lower commission.
Once we made our decision and began working on the paperwork required prior to the close, Phil offered help and support. He came back to Grand Rapids on the day of the practice close and continues to check in to see how the transition is going.
Robin and I are very happy with our decision to work with Phil Cole. We have had many laughs and consider Phil a friend. I do not believe that the other representatives with whom we met would have put forth the effort or offered the support that Phil did.
I highly recommend Phil Cole to anyone looking to sell their dental practice.
Stephen A. Novak