As a buyer, or a seller, it is smart to keep abreast of the practices for sale in your market area. TPSG’s new website feature for Buyer Notifications delivers a
Category: Seller Articles
Broker Tip of the Month – July 2017
It is important to remember the capitalization rate is at the discretion of the evaluator. Important factors that determine one’s rate are location, growth of revenue stream, ability to transfer
Broker Tip of the Month – June 2017
Sellers sometimes assume a sale should be a simple do it yourself project, but after a sale closing, they realize a broker valuation to maximize sale price and a broker’s
Broker Tip of the Month – April 2017
Many Sellers are being approached by Corporate Buyers and should have a professional, such as a Broker, to guide them through the process. The Brokers at TPSG are experts in
Broker Tip of the Month – March 2017
Many buyers today are cautious about buying a practice that is seeing its own emergencies. Most buyers do not want that burden on their lifestyle. When preparing to sell, it
Broker Tip of the Month – February 2017
A non-compete agreement from the Seller to Buyer is always an important part of the Asset Purchase Agreement. Without this non-compete component in the agreement, the value or salability of
Broker Tip of the Month – January 2017
Fair rent for the practice building needs to be arrived at, to calculate the cash flow of a practice. In today’s environment, this figure is 7 to 8% of the
Broker Tip of the Month – December 2016
When selling a practice, it is important to select an attorney experienced in business sales that is a deal-maker and not a deal-breaker. Some attorneys will fan the flames to
Broker Tip of the Month – November 2016
When selling a practice, it is important to prequalify your buyer. Not only does the practice need to be able to service the debt, your buyer needs to be financeable.
Broker Tip of the Month – October 2016
Practice sale value and buyer financing may be decreased or denied, if practice tax returns include non-veterinary expenses. Buyers and banks are reluctant to rely on tax returns that have