5 Steps to Preparing Your Veterinary Practice For Sale

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When is the right time to sell your veterinary practice? What does the selling process entail? How can you prepare yourself for the sale of your veterinary practice? In this video, Simmons & Associate’s Byron Farquer, DVM, CVA shares his exit strategy expertise and gives actionable steps to begin prepping your practice for a sale.

Don’t make any last-minute decisions, if you are thinking about putting your practice on the market in the next couple of years, now is the time to start preparing!

Ready to Sell Your Veterinary Practice?

Don’t do it alone! Simmons has a team of advisors who have been helping veterinarians sell their practice for over 45 years! Get the highest sale price, in a timely manner by partnering with Simmons!

Picture of Byron Farquer

Byron Farquer

Dr. Farquer, a seasoned veterinary professional with a rich background in hospital ownership and business management, brings a wealth of industry knowledge to Simmons. Holding veterinary licenses across multiple states and a doctorate from Colorado State University, he has notably completed over 1000 veterinary practice appraisals in the past two decades, leveraging his certification in business appraisals and membership with the International Society of Certified Veterinary Appraisers.

Picture of Byron Farquer

Byron Farquer

Dr. Farquer, a seasoned veterinary professional with a rich background in hospital ownership and business management, brings a wealth of industry knowledge to Simmons. Holding veterinary licenses across multiple states and a doctorate from Colorado State University, he has notably completed over 1000 veterinary practice appraisals in the past two decades, leveraging his certification in business appraisals and membership with the International Society of Certified Veterinary Appraisers.

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"Thank you so much for your wise assistance, direction, and ability to keep the peace and calm. You are very appreciated. We are fortunate that you were available to help. Great job."

Dr. Edmonds

"If we had to do it over again, there is no doubt in my mind we would contract with Simmons & Associates. We would highly recommend them to anyone."

Diane WysockiWife of Practice Owner

"We got top dollar for our practice and they actually upped the final offers on the second round final offers. We are talking about generational money! I would have probably taken less than half of that and been ignorantly happy. Thank you, Stacy and David!"

David DolanDVM

“I attempted to sell this practice without the assistance of a broker without success. Dr. King assimilated a group of individuals that provided the expertise to maintain the momentum in order to market and sell my practice and real estate in 6 months. It was a very positive experience.”

Mary Sue McGovernDVM

“We want to sincerely thank you for all your help and hard work in the sale of our practice. I really believe it couldn’t have happened without you. We have been working side-by-side with (the new owner) for these past few weeks and believe he was the perfect fit. We appreciate everything.”

John DavisDVM

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