Tag Archives: Sale of a veterinary practice

Selling your veterinary practice – what to prepare before you market it

Selling a veterinary practice is often the culmination of many years of work. Preparing properly before marketing the practice can make a significant difference to the price achieved, the speed of the transaction, and the level of disruption to the business.  Taking legal and professional advice early allows issues to be identified and addressed before a buyer is found, rather than under pressure later.  Preparing your veterinary practice for sale  Buyers will expect clear, accurate, and well-organised information. Before marketing, sellers should review:  Any uncertainty or gaps in these areas can lead to delays or renegotiation.  Using a specialist veterinary practice agent  Many sellers instruct a specialist agent to market their veterinary practice. Experienced agents act as intermediaries, assist with negotiations, and prepare a memorandum of sale setting out key commercial terms. While not always legally binding, this document helps keep the transaction on track.  … Continue reading

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