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Medre Library

Exit and succession

What the building does to a practice sale, and what to ask before one.

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The building outlives the career, and it shows up in the one number you care about most at the end: what your practice sells for. This shelf is about the far edge of the timeline, and the moves that are cheap to make early and impossible to make late.

Buyers price your real estate arrangement whether you did or not. Ownership can add to the check. A bad lease can subtract from it. And the questions your estate attorney should be asking about the building are ones most owners raise years too late, when the answers have already been decided for them.

You do not need to be near an exit for this to matter. The arrangement you set up today is the one a buyer inherits. Read this while the answers are still cheap.

Bring us the document.

A renewal notice, a term sheet, a sale-leaseback offer, or just the town you want to practice in. Thirty minutes with the founders, real numbers, no deck. A straight answer if the answer is no.

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Nothing here is legal, tax, accounting, financing, or investment advice. Bring your attorney and accountant to anything you sign, including anything from us.