Fixed fees
Proxeno charges a fixed fee, set before the work starts. You know the cost of the sale before you commit to it, and the fee does not move with the price.
Proxeno is paid the same whatever the practice sells for, so it has no reason to push the price or to push you to sell before the practice is ready.
How the market charges
A broker charges 6% to 12% of the sale price, with a minimum fee of $15,000 to $30,000. On a large sale the percentage sets the fee. On a small one the minimum does, so the effective rate climbs as the price falls: a $25,000 minimum on a $220,000 sale is about 11%, and higher on anything smaller. Below about $375,000 the minimum is worth more than the percentage, so the seller pays the minimum.
| An accountant | A broker | A specialist adviser | Proxeno | |
|---|---|---|---|---|
| How the fee is set | By the hour: $150 to $250, $350 to $450 and more for partners | 6% to 12% of the sale price, minimum $15,000 to $30,000 | 1% to 10% of the sale price, plus a subscription of $3,000 to $15,000 monthly | Fixed, set before work starts |
| When you pay | Billed as you go, sale or no sale | At settlement | Monthly, sale or no sale; balance on settlement | An upfront platform fee, the balance on completion |
| What it covers | Preparation for due diligence and the valuation; hourly rates on deal management | Listing, advertising and negotiation | Preparation, buyer research, approaches, negotiation, due diligence | The two assessments, matching, buyer approaches and document management, then handover to your advisers for due diligence. Preparation work is quoted separately. |
| Cost known at the start | No, hourly | No, a share of an unknown price | No, subscriptions plus a share of an unknown price | Yes, fixed before work starts |
Fee ranges for accountants, brokers and advisers are drawn from their own published rates and engagement terms.
What Proxeno charges
The DIY package, where you manage the sale and Proxeno supplies the matching, the documents and the workflow, is one fixed fee of $8,000. A fully supported sale, delivered with a consultant, is a fixed base plus a fixed amount per GP. Either way the fee is agreed before you engage, and you pay an upfront platform fee with the balance on completion.
The two assessments cost nothing. Preparation work to lift the practice before sale is optional, quoted before it starts, and you can skip it.
Figures on this page are general information, not a quote. Your fee is set before any work starts. See the disclaimer.
How much does it cost to sell a medical practice?
Proxeno sets the cost of selling a practice before any work starts, and the amount does not change with the sale price. For a sale with a consultant, Proxeno charges $5,000 at engagement and $4,200 per GP when the sale completes, with a maximum of $50,000. A six-GP practice pays $30,200 in total, whether it sells for $1 million or $3 million.
Where the readiness check shows the practice needs work before it goes to buyers, Proxeno scopes and quotes that work separately, and you decide whether to go ahead. Your accountant, your lawyer and any independent valuer charge you separately for their own work.
Start with the free assessments
The business acuity assessment and the sale readiness check cost nothing and show where the practice stands before any fee is on the table.