Selling your veterinary practice to an Associate

Americans’ love for their pets suggests a thriving pet industry, with pet spending more than tripling in the past two decades.  According to the American Pets Products Association, Americans spend $30 billion per year on veterinary care and over-the-counter medicine and supplies. That’s on top of the $28 billion they spend on food and grooming.   Millennials, in particular, are attached …

selling-vet-clinic

Who should I sell my veterinary practice to?

When a veterinarian begins to think about retirement, he/she often considers selling their veterinary practice several years prior to actual retirement. He/she investigates how to sell a veterinary practice and finds that some colleagues sold their veterinary practices to consolidators. Should you think about selling your veterinary practice to a Consolidator? If a consolidator offers what seems like top dollar, the …