Unfinished Business

The veterinary profession is seeing record-setting revenues as the percentage of households owning small animals continues to grow. In addition, surging demand for quality veterinary care has pushed practice valuations to record highs. Corporate consolidators and private equity investors realize that now is an excellent time to purchase veterinary clinics and earn solid long-term returns on their investments in a recession-resistant industry. But what about the value of the veterinary real estate?

This article will focus on helping you make sound decisions about your hospital real estate so that you can maximize your long-term financial security.

First, if you are a practice owner who does not own your building, seriously look at purchasing the real estate. Interest rates remain near historic lows, and many lenders have extremely attractive financing options for veterinarians. With the proper financing in place and a commitment to pay off the debt in 10 years, you would be in a great position to maximize the building’s value and significantly add to your wealth regardless of whether you keep the property as an income asset or sell it as a capital asset and invest the proceeds.

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