Veterinary Practice Located in One of Canada’s Fastest Growing Communities in SW Ontario
Profitable, well established with a good reputation in community. Owner DVM willing to stay on post-sale. Practice operates from generous well maintained 2800 square foot space. Located in shopping plaza…
Don’t Be Caught Off Guard
…your comfortable retirement. But will they? How can you be sure? First, it is important to understand that your practice probably won’t sell overnight. The time it will take to…
What Not to Do When Selling Your Practice
There are many moving parts that you’ll need to manage when selling your practice. While it’s essential that you focus on everything that needs to be done correctly to complete…
Reasons for Practice Ownership in Under 5 Minutes
What are the advantages of veterinary practice ownership? Should you buy a veterinary practice? Dr. Byron Farquer, DVM, CVA explains the financial benefits that accrue through ownership. https://www.youtube.com/watch?v=Dyv0slnBa7g Buying a…
Why Now Is an Optimal Time To Buy a Veterinary Practice
…we? Example: A practice that is sold for 5.5x its earnings (a/k/a profit) Practice Revenue: $1.2M Earnings: $182K after Owner Compensation Owner Compensation: $147K (21% of $700K production) Note remaining…
Corporate Consolidators: A Survival Guide for Practice Owners
…almost every day a new group is becoming Veterinary Corporate Consolidators. For a few years now there has been a lot of corporate activity going on. New Consolidators have come…
6 Questions Veterinarians Ask When Buying or Selling a Practice
…has some management deficiencies compared to other practices. Realistically, most practices are often average. Owner over-valuation is quite common because owners are rarely exposed to enough other practices to compare…
Southeast Richmond!
…has to offer – and none of the congestion. The practice provides full medical, surgical, diagnostic, dental and wellness services to clients that come from many of the surrounding communities….
The Pathway to Veterinary Practice Ownership With a Degree and Student Debt
…of the high costs and the lack of income in the initial period, this option is becoming less common than in years past. This is partly due to the financial…
“What’s in Your Wallet?” Or Rather ”What’s in Your Clients’ Wallet?”
…card, debit card, or app-based payments. This percentage could be even higher in the coming years as fewer clients carry cash or elect to pay by check. Banks issuing these…
