Sell Now or Later?

We work with successful veterinary practice owners who are contemplating the sale of their hospital. In many cases, they are considering a sale because of the significant growth in corporate consolidators who pay multiples as high as twice the historic valuations. A general feeling exists that the bubble will inevitably burst and that practice values will revert to a historic mean. Of course, predicting if and when that will happen is impossible, but many practice owners have an overriding fear that the failure to sell at today’s high valuations will mean leaving money on the table and a lifetime of regret.

Does failing to sell at a high valuation today mean you will miss out? Receiving top dollar for the practice you’ve built over the decades is important, but a high valuation from a corporate consolidator is certainly not the only consideration.

Learn more in our latest article in Today’s Veterinary Business. Click here to read it.