Veterinary Practices

360 Half Seconds: My friend sold for 19x! Should I wait so I can sell for the same multiple?

By Tom / September 9, 2024

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 […]

Recap: My friend sold for 19x! Should I wait so I can sell for the same multiple?

By Tom / September 9, 2024

When considering the sale of your veterinary practice, many owners compare their situation to peers who sold in the past at high multiples. However, the market has changed significantly over the last few years. During the COVID-19 pandemic, veterinary practices experienced a boom, leading to unprecedented valuations of up to 19x earnings before interest, taxes, […]

Scroll to Top