Key Takeaways Today’s market is still strong, and practice valuations remain well above what most industries experience. A higher multiple means very little if your adjusted EBITDA isn’t accurate or properly calculated. The conditions that created the valuation spike are unlikely to return. Timing should be based on your readiness, not someone else’s outcome. Selling a […]
Many practice owners are holding off on selling, hoping valuation multiples will return to the highs seen a few years ago. But as discussed in this episode of 360 Half Seconds, that strategy may not work. The surge in valuations during 2020–2021 was driven by unique market conditions, and those conditions have already shifted. Today’s […]
When selling a veterinary practice, ensuring a clear and accurate financial picture is key to maximizing value. Potential buyers will closely examine your financials, but there’s more to this process than just looking at profit and loss statements. This is where the concepts of “add-backs” and “one-offs” come into play. Understanding Add-Backs Add-backs refer to […]
Selling your veterinary practice is a significant step and ensuring that you’re fully prepared can help maximize its value. Here’s how: Establish a Timeline: Ideally, plan at least 12 months in advance to allow ample time to organize your financials, operations, and team. Get Your Accounting in Order: Buyers want clean, well-documented financials. Ensure all […]
When selling your veterinary practice, you should understand that the price you get will be based on a valuation of your EBITDA (earnings before interest, taxes, depreciation, and amortization). EBITDA is a measurement of a business’ free cash flow and a good way to understand how much cash a business generates from operating activities alone […]