- Counties
- Orange, with parts in Durham
- Main roads
- US-15/501, I-40 and NC-54
- Likely buyers
- Practice buyers, professional firms, restaurant operators, individual buyers
A Professional Market
Medical and dental practices, therapy offices, law and accounting firms, design studios and restaurants make up much of the owner base. Many of these companies depend on one or two licensed professionals, which shapes how they are sold.
Practices Sell Differently
A practice's value lives in its patient or client relationships, and buyers need to earn them.
Sellers usually stay for a transition, sometimes for a year or more, and part of the price may depend on how many clients stay. Rules about who may own a licensed practice vary by profession, so involve your attorney early.
- Active client counts and visit history for three years
- Staff, associates and who holds the key relationships
- A lease that survives the sale
Restaurants Near Campus
Seasons set the rhythm: a lull in summer and big weekends in fall. Buyers want monthly results across several years so they can see that pattern. Permits are another step. See NC ABC permits when you sell a bar or restaurant.
Orange County Details
Chapel Hill sits mostly in Orange County, with a portion in Durham County. Business property is listed with the county where the equipment sits, so check which applies to you. Our Wake County guide shows the general pattern.
Next Step
If you are thinking about selling in the next year or two, start with a valuation check, and use the twelve month plan to prepare.