Blog
Broker Tip of the Month – July 2019
Get regular valuations. Having a professional valuation done at least every three years lets you know your practice’s current value and what could be done to enhance it. Three years is also a good length of time to start planning… Read More
Is Your Veterinary Practice a Corporate Consolidator Candidate?
In the growing community of corporate veterinary hospitals we often get asked what they are looking for in acquisitions. Many of these entities are targeting practices with a specific EBITDA, which stands for earnings before interest, taxes, depreciation, and amortization.… Read More
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Seller Articles
Broker Tip of the Month – June 2019
Use a broker even if you have buyers because some corporations are looking for smaller practices. Using a broker will get you more than the original offer. Tip by Dr. Karl Salzsieder, Mr. Rex Salzsieder and Mr. Nick Elliston
Owning a Marketable Practice
In this article, we are highlighting the most critical factors that make a practice stand out from all the rest. Undoubtedly, the number one factor that drives the sale of your practice is the location. A practice sale, like… Read More
Broker Tip of the Month – May 2019
Every day veterinarians sell to corporate buyers with sales prices over one year’s gross, however, using a professional consultant or a TPSG Broker can result in a sales price of $250,000 or more over the original corporate offer. This can… Read More
16 Steps to Maximize Your Practice Value
We believe that making a conscious decision regarding the timing of selling your practice is much more effective than the “waking up one day and thinking ‘I’ve got to sell my Practice right now’” approach. So let’s look at those… Read More
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Buyer Articles
Selling Your Practice
By Dr. John Bryk Total Practice Solutions Group® (TPSG) are practice owners who understand the demands of veterinary medicine. We are part of a nationwide team providing not only brokerage services for sellers but also valuations and assistance with loans… Read More
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Buyer Articles
Broker Tip of The Month – April 2019
When selling your practice, the Accounts Receivable (AR) can be an issue. As a rule, AR goes with the practice. If you have a high AR, try to reduce the amount prior to selling your practice in order for a… Read More
Welcome to Practice Acquisition: What Should a Buyer Expect?
There is no doubt that today’s Veterinary Practice sales market has evolved into a world of complexities and a rapidly changing playing field. The simplicity of choosing a practice you want to buy, securing financing, and then closing the deal… Read More
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Buyer Articles
Broker Tip of the Month – March 2019
If you are considering selling your practice, but leasing the Real Estate to the buyer of the practice, it is important to determine what liens the Mortgage holder (if there is one) has on the practice. It is not uncommon… Read More