Some times are better than others to sell your veterinary practice. Kia & Matt discuss factors that aren’t ideal for a vet practice sale, including right after losing an associate, when your finances aren’t where they need to be, and if you just aren’t ready.
After attending the Viticus Group’s WVC Conference in Las Vegas, Matt & Kia discuss what they learned from discussions with other attendees. The dynamics of managing a practice are changing, and more vets are looking at selling well before they are ready to retire so they can do what they love without the hassle of […]
Before you can consider selling your vet practice, you must understand its value. On this episode, Matt & Kia talk about “one offs” and “add backs,” and how they can impact your sale price. They also touch on the value of working with a veterinary broker that also owns an accounting firm.
What do you need to do to prepare to sell your veterinary practice? Matt & Kia discuss what you should do ahead of time, including understanding your timing and getting your accounting in order.
After a whirlwind week in Orlando, Matt & Kia discuss what they learned at the Veterinary Meeting & Expo (VMX), including what buyers are looking to purchase veterinary practices and how multiples are expected to change in the next year.
In this video, we discuss why it is important to start thinking about selling your practice well before you are ready to retire since waiting can negatively impact your valuation and the practice’s price. Learn why planning well ahead makes sense and is in everyone’s best interest.
In this video, we talk about the “bubble” in the veterinary industry. We cover how practices previously sold for 16-19x a few years ago, but also burst that bubble by sharing that those days are long gone and probably will not come back anytime soon. With all that said, veterinary practice valuations are still outperforming […]
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