Helpful Resources for Founders

Valuations: What is Your Veterinary Practice Worth?

Written by Gary Behler | Apr 4, 2024 7:55:51 PM

As a dedicated veterinarian, you've poured your heart and soul into building a thriving practice. You may be contemplating your exit strategy or seeking capital and support to grow. As founders ourselves having helped over 100 veterinarians with their practice sale, we recognize that entering the next phase for your practice is a life-changing decision that comes with many considerations. If you have questions about veterinary practice valuations, don't hesitate to reach out to our President and M&A Advisor, Gary Behler. You can reserve time directly on his calendar here or email him at gary@evergreenforfounders.com.

Before making moves on your transition strategy, understanding your veterinary practice's true worth is crucial. This is where a professional valuation is key. It's far more than just a number; it's a powerful tool that empowers you to navigate the future with confidence and gives you tremendous negotiating power should you decide to bring your practice to market. 

Why a Veterinary Practice Valuation Matters

Imagine having a roadmap that clearly outlines your practice's financial health, growth potential, and market standing. A valuation provides just that. It dives deep into your financials, analyzes trends, and considers key factors that influence buyer interest. This comprehensive analysis offers a wealth of benefits:

  • Informed Decisions: Knowing your practice's value allows you to make strategic choices about your future. Is now the right time to sell? If not, what steps can you take to increase its value for a future sale? A valuation empowers informed decision-making.
  • Confident Negotiations: When the time comes to sell, a valuation equips you to negotiate from a position of strength. You'll understand your practice's true profitability (measured by EBITDA) and its value proposition to potential buyers. This knowledge translates into stronger negotiation leverage, ensuring you get the best possible outcome.
  • Reduced Stress: Selling a veterinary practice can be a complex process. A professional valuation streamlines the journey by attracting qualified buyers who align with your vision and practice culture. This targeted approach reduces the time and stress associated with a mass marketing approach.
  • Future-Proofing Your Practice: Even if an immediate exit isn't your plan, a valuation offers valuable insights. By identifying areas for improvement and growth potential, you can take strategic steps to enhance your practice's value for the future.

Evergreen M&A: How Our Veterinary Practice Valuations Are Different

At Evergreen M&A, we understand the unique needs of veterinary practice owners. Led by our President, Gary Behler, our team has a proven track record of success, having guided hundreds of veterinary practice owners through the valuation and sales process. Having worked on the buy-side for nearly a decade, we understand what buyers are looking for in an acquisition and cost savings that are realized post sale. With this information, we can garner a true EBITDA number that goes beyond basic financial reports. We provide a sophisticated analysis that mirrors how corporate buyers evaluate practices. Here's what sets us apart:

  • Unveiling Hidden Value: We don't just rely on historical financials. Our experts factor in growth potential, corporate synergies, and potential cost savings through vendor pricing adjustments. This meticulous analysis paints a more accurate picture of your practice's true earning potential.
  • Expertise You Can Trust: Our team boasts extensive experience in the veterinary M&A landscape. We stay current on market trends and buyer preferences, ensuring your valuation reflects the realities of the market.
  • A Streamlined Process: We understand your time is valuable. Our efficient process connects you with qualified buyers who are a good fit for your practice, saving you time and minimizing disruption to your daily operations. We shorten the sales cycle significantly with our proven M&A process. 

Take Control of Your Future: Schedule a Complimentary Consultation

Ready to explore the possibilities? We invite you to schedule a no-obligation consultation with our veterinary practice valuation specialist and President, Gary Behler. During this discussion, we'll delve into:

  • The veterinary practice valuation process and its benefits.
  • Key factors that influence your practice's value.
  • Current market trends for veterinary practices.
  • How a professional valuation empowers you to achieve your exit strategy or growth goals.

This is too important of a decision to leave to chance. Schedule your consultation today and take control of your veterinary practice's legacy. A clear understanding of your practice's value empowers you to make informed decisions about your future, negotiate with confidence, and ultimately achieve the outcome you deserve. The market for veterinary practices remains strong, but trends can shift. 

Reserve time directly on Gary's calendar or complete the form below to schedule a complimentary consultation. 

SCHEDULE YOUR COMPLIMENTARY VETERINARY PRACTICE VALUATION CONSULTATION: