Are you starting a new veterinary clinic, relocating your office, or expanding your current practice? When acquiring a veterinary practice, especially the first time, the decision process can feel enormous. You need someone on your side to make sure you get a fair deal. Total Practice Solutions Group offers buyer’s representation services to ensure that your interests and needs are met when buying a veterinary practice.
The brokers at Total Practice Solutions Group are here to help you ask pertinent questions, obtain pivotal information, and make the right decisions for you as you navigate the veterinary practice purchasing process.
If, when looking to buy a veterinary practice, you work only with the listing agent for a property, that agent will work to represent the interests of the seller, not you. They will help you buy the property, but they will not necessarily structure the sale in a way that benefits you. A buyer’s representative will consider your goals for your business in both the long and short term.
The purchase agreement is a contract between the buyer and seller that transfers ownership of a property. Like any legal document, it may contain unfamiliar legal language and provisions. We will explain each term of the agreement and help you fully understand what it means and how it will impact your business.
Working with the buyer’s attorney, accountant, and lender, we protect the buyer’s interest. We advise our buyers not only on the valuation but also on the overall structure of the practice sale. We also point our buyers in the right direction for key management elements. Helping our buyers obtain financing for acquisition when the decision to buy has been reached is another aspect of our buyer representation.
Total Practice Solutions Group won’t just try to sell you an office. When working with a Total Practice Solutions Group broker, you will have an expert guiding you through every step of the buying process.
We will discuss key questions with you beforehand, such as:
Customers often come to your office distressed and anxious about their pets’ health. Finding a property that is accessible, approachable, convenient, and reassuring goes a long way in retaining and building your customer base. We won’t just give you cookie-cutter listings. We’ll take the time to understand your brand image and give you a comprehensive overview of every property you take interest in.
Most buyers can’t afford to buy a practice with cash. Banks and other lenders are often reluctant to lend if they perceive businesses as being high in risk. We understand how to present your business to lenders so that they see the full potential of your veterinary practice and offer you the loans you need.
With Total Practice Solutions Group by your side, you will be informed, prepared, and confident. As your buyer’s representation, we will be available to you at all times throughout the buying process to answer whatever questions you may have.