Who is the buyer of a veterinary practice?
However, when it comes to veterinary practice acquisition, the buyer plays clever. The seller is usually an individual practice owner who doesn’t have enough financial knowledge to know the true value of his clinic. It is not very difficult for the buyer corporate group to get a deal that favors only themselves.
When is it time to sell your veterinary clinic?
However, the valuation also largely depends upon whether the operating margin of the veterinary clinic is going to continue in the future. Veterinary practices are usually sold when one of the co-owners decides to move out. In those circumstances, there are high chances that your business may not perform that well as it used to.
Are there any DVM veterinary practices for sale?
Click below to get information on new listings. 1 DVM small animal practice servicing the Cedar Valley area and grossing over $600k. Current owner willing to assist with transition and open to part-time employment. Real estate is available for sale or lease. Please submit a confidential disclosure form… Read More
How big should the multiplier be for a veterinary hospital?
Typically, the multiplier stays in a range of 6-10 for veterinary clinics with 1 to 2 vets. For a large veterinary hospital, this multiplier may go up to 20.
However, when it comes to veterinary practice acquisition, the buyer plays clever. The seller is usually an individual practice owner who doesn’t have enough financial knowledge to know the true value of his clinic. It is not very difficult for the buyer corporate group to get a deal that favors only themselves.
However, the valuation also largely depends upon whether the operating margin of the veterinary clinic is going to continue in the future. Veterinary practices are usually sold when one of the co-owners decides to move out. In those circumstances, there are high chances that your business may not perform that well as it used to.
Click below to get information on new listings. 1 DVM small animal practice servicing the Cedar Valley area and grossing over $600k. Current owner willing to assist with transition and open to part-time employment. Real estate is available for sale or lease. Please submit a confidential disclosure form… Read More
How to find out the value of a veterinary clinic?
Here are the steps you can follow to get a fair idea on the same. 1. Get in Touch With Other Practice Owners i). Start connecting with the practice owners in your area . ii). Find out what is the valuation of their clinic and what is their operating income.