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
Category: Seller FAQ
Broker Tip of the Month – February 2019
Lenders can confidently provide financing for practice goodwill if seller’s have a clean Profit & Loss statement. The best way to achieve a clean Profit & Loss statement is to
Broker Tip of the Month – January 2019
Maintaining growth is vital in getting the best price for your practice. Showing growth on your current P&L minimizes risk for the buyer and allows for better financing. If growth
Broker Tip of the Month – December 2018
If you are looking to sell your practice or obtain a practice valuation in early 2019, send all your financial information to your CPA as early as you can so
Broker Tip of the Month – November 2018
When considering a corporate sale, make sure to contact your local TPSG representative. They have experience working with these organizations and can provide you with the tools you’ll need to
Broker Tip of the Month – September 2018
Many sellers today are being contacted directly by corporate buyers. They are getting very good offers above what most non-corporate buyers could offer. When receiving offers from corporate buyers, it
Broker Tip of the Month – August 2018
If you are considering selling your practice within three years, seek advice from a professional sales broker before purchasing or leasing any new equipment. Tip by Dr. Len Jones
Broker Tip of the Month – June 2018
The best time to improve the value of your practice is now. Keep good financial records, report all of your income to maximize the value of your practice, keep your
Broker Tip of the Month – May 2018
TPSG’s solid relationships with practice and real estate lenders, as well as our experience and understanding of the veterinary practice industry, strengthens your chances of obtaining 80-100% of purchase price
Broker Tip of the Month – April 2018
Price is only one component of a practice sale. The second component is terms. Terms can make or break a sale. How much cash up front? How long do you