Retirement ready?

New Zealand is facing a significant demographic shift within its dental industry, as close to a fifth of the nation’s practicing dentists are nearing retirement age*. The median age of New Zealand’s dentists is steadily increasing, with a growing number of practitioners aged 60 and above. This trend poses challenges for the dental sector, but also presents unique opportunities for those looking sell a dental practice.

As Gen X dentists approach retirement, there is a looming concern about how to transition dental practices to new owners. At LANZ we have an extensive list of prospective purchasers who want to buy a dental practice this year. They're both younger first time practice owners and the more experienced looking to expand their network.  

For younger dentists or even those from outside the profession, the opportunity to purchase an existing practice can be particularly appealing. An established dental practice provides a built-in patient base, equipment, reputation and goodwill - all factors that make it a less risky investment than starting a new practice from scratch.

2025 continues to see a growing market for practice sales, as established dentists seek to secure a smooth exit strategy. With the end of the financial year only days away, maybe it's time to start considering your options.

Are you ready to retire or at least consider the right exit strategy for you? Start planning now.

You can contact us on 021 229 7070 or at info@lanz.dental to book a free confidential no obligation consultation to discuss your options. 

* Data taken from the DCNZ Workforce Analysis report 2020-2022