The first thing you should know as a dental practice owner is the difference between turn-key build out and stated dollar build out. The second thing is that you should choose stated dollar.
Turn-key gives the landlord the responsibility of paying for the entirety of the build out. This sounds like a dream come true. However, this also gives all of the control to them as well. They decide the materials that will be installed, the construction contractors to build it, and the allocation of financial resources. Landlords are like everyone else: they want to save money. This will most likely lead to the cheapest materials being used by the contractor with the lowest price while staying under budget. If you didn’t negotiate to keep the leftover allowance you’re going to lose out on those assets.
By choosing stated dollar build out, you and the landlord come to a set amount to spend like a budget. Any extra or hidden costs are going to come out of pocket and every decision is left up to the tenant. The landlord pays nothing beyond the set dollar amount and if it is exceeded, they are not obligated to increase the stated amount or contribute. This may seem daunting but it also leaves you with the majority of control. You choose the materials, the scope, and the design. This will let you ensure the materials you buy are of high enough quality, you are aware of everything going on, and you are aware of everything going into your build out. Among the things in your control is which construction company to go with. That’s where Smartland® comes in.