1ST MED TRANSITIONS, LLC
POMPANO BEACH, FLORIDA

1st Med Transitions, LLC is a privately held medical practice brokerage firm specializing in the Dental, Veterinary, Pharmacy, and Optometry verticals. Established on January 15, 2015, with its headquarters in Pompano Beach, Florida, the company operates nationwide across the United States. It serves primarily dentists, veterinarians, optometrists, and pharmacists looking to sell or acquire medical practices. With transaction capabilities ranging from $500,000 to $20 million, 1st Med Transitions is renowned for providing a comprehensive array of advisory services tailored for the successful transition of medical practices. A key focus of 1st Med Transitions is on determining practice value through the analysis of cash flow metrics and financial statements. Recognizing that practices are commonly valuated based on multiples of cash flow, the firm emphasizes the importance of understanding a practice's bottom line performance adjusted for specific expenses such as interest, depreciation, officer compensation, and personal expenditures. This approach offers an initial estimation of a practice's worth in fields like dentistry, where sales often range from 2 to 3 times its cash flow. 1st Med Transitions stands out by offering expert valuation inputs that assist clients in gaining clarity about what their business truly represents financially. With the support of experienced experts and professionals, including lawyers and accountants, they ensure a smooth transaction process regardless of the complexity or emotional aspects involved. Their commitment to excellence was highlighted by a client who praised the firm's handling of their dental practice sale as significantly improving upon previous experiences. The company is officially registered with the Florida State Business Database under filing number L15000009160 and falls under the FLAL (Foreign Limited) company type, ensuring compliance since its last documented event on March 26, 2018. 1st Med Transitions maintains a professional online presence through their website, accessible at 1stmedtransitions.com.