That statement is incorrect. No one ever sells their office and is happy with the transaction. We are getting 70-90% of last years collections which is peanuts compared to the year salary. Another reason dentistry is broken, any other business gets a multiple of gross, we get less than 1x multiple. Most older docs drive the practice to the ground and work until they cant because how is it fair to sell for less what you can make in a couple of years of work? Nuts.
Dentistry is dead, put a fork in it. Either you have to borrow another big loan and start a practice to pay the original loan OR accept 120k a year for the next 20 years and get the loan forgiven. We dedicate so much of our time to become a dentist (yes you are giving up a lot) when you can earn the same doing something much simpler, less stressful jobs with manageable loans. I have a friend who decided not to go into dentistry when I went. He used his bio degree to land a laboratory job in pharma, as the decades have gone by he has slowly moved up the ladder making 200k, no loans, 401k, PTO and so much more.