Sell my vet practice

360 Half Seconds: What Does the Typical Vet Sales Process Look Like?

By Tom / September 9, 2024

Kia & Matt discuss the steps to expect when you decide to sell your veterinary practice. From getting your finances in order to putting together a practice package to approaching ideal buyers to getting offers and due diligence, Matt gives a top level explanation of each step so you know what to expect.

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Veterinarians with cat

Recap: What Does the Typical Vet Sales Process Look Like?

By Tom / September 9, 2024

If you’re considering selling your veterinary practice, understanding the process is essential. Matt Arena, CEO of 360 Vet Sales, recently shared a detailed walkthrough of how the process works from start to finish. Here’s an overview of what to expect: Preparing to Sell Before you can go to market, it’s crucial to ensure your practice […]

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Matt and Kia from 360 Vet Sales

360 Half Seconds: What are Buyers Looking For in a Vet Practice?

By Tom / September 9, 2024

In this episode, Matt & Kia talk about what buyers are looking for in vet practices, including how many doctors are on staff, balanced production, location and more.In this episode, Matt & Kia talk about what buyers are looking for in vet practices, including how many doctors are on staff, balanced production, location and more.

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Man and woman wearing veterinarian uniform examining dog at home

Recap: What are Buyers Looking For in a Vet Practice?

By Tom / September 9, 2024

If you’re thinking about selling your veterinary practice, understanding what potential buyers are looking for is crucial. According to Matt Arena from 360 Vet Sales, several factors play a significant role in determining your practice’s value. Number of doctors: Having at least two doctors is essential, as buyers are less likely to invest in a […]

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Matt and Kia from 360 Vet Sales

360 Half Seconds: When Not to Sell Your Vet Practice

By Tom / September 9, 2024

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.

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Old male veterinarian working in clinic

Recap: When Not to Sell Your Veterinary Practice

By Tom / September 9, 2024

Veterinary practice owners often focus on the best times to sell, but it’s equally important to know when not to sell. Here are some situations where waiting may be the better option: You’re Not Ready Mentally: Selling a practice requires emotional and mental readiness. If you’re unsure, there’s no downside to finding its value, but you may […]

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Matt and Kia from 360 Vet Sales

360 Half Seconds: What We Heard at WVC

By Tom / September 9, 2024

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 […]

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WVC logo

Recap: What We Heard at WVC

By Tom / September 9, 2024

The 2024 Western Veterinarian Conference (WVC) highlighted a growing trend among veterinary practice owners considering selling for reasons beyond retirement. Increasingly, owners are feeling the pressures of managing larger practices, struggling with staff retention, and facing difficulties competing against corporate platforms. Many expressed that the dynamics of managing a practice have shifted, with veterinarians now […]

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Matt and Kia from 360 Vet Sales

360 Half Seconds: How Do I Increase the Value of My Vet Practice?

By Tom / September 9, 2024

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.

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Veterinarians Surgery

Recap: How Do I Increase the Value of my Vet Practice?

By Tom / September 9, 2024

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 […]

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