Brokers sell businesses, focusing on the transaction of selling your practice. They meet a need in the veterinary practice sales marketplace. But much like the way you go above and beyond for the animals entrusted to your care, DVMmatch takes a holistic, comprehensive approach to helping veterinarians who trust us with their transition by starting with you early, making sure you and your practice are in the best shape possible before going to market.
The proactive planning component is key, and is guided by The Practice Optimizer Experience™. Planning for the eventual sale of your veterinary practice helps protect your best interests by allowing you to take a strategic, well-informed approach to maximize its value. By starting early, you can improve the practice’s financial health, streamline operations, make cost-effective improvements and address any potential issues that might affect its sale price. Ultimately, it gives you control over the timing and terms.
The DVMmatch distinction means:
- we only represent the seller
- we have decades of transition experience
- we are in your region, with a growing national network
- we utilize an independent, third party valuation conducted by certified valuation analysts
- we have processes in place to guide you through every step
- we help you proactively plan for your vet practice sale.
Our DVMmatch Professionals shared some scenarios where the POE detected important details that could affect the terms and sale of the practice. While these issues were not insurmountable in the hands of an experienced Professional, they are items that are easier to “fix” on the front end.
The POE addresses the true practice value considerations
‘We have to rely on a true practice value. A vet might share a production figure with you that indicates their equine practice has historically made a successful and specific amount year after year. This figure has set an expectation in her mind, as it should. But as the details of vet practice metrics and the valuation analysis unfolds it becomes clear that significantly lower the last 3 years, as she has been taking 2-3 months off in anticipation of retirement. In her head it’s still the bigger number, but to a buyer the value looks different. Planning ahead gives us time to be informed and make modifications.”
The POE addresses estate preparedness considerations
“Sadly, from time to time, a veterinarian passes away unexpectedly. Without a will and a succession plan in place, the practice could be tied up in probate, and depending on local laws, that practice could be prevented from seeing patients, devaluing the vet practice at the very time it needs to be on the market to provide for the family left behind.” *
DVMmatch Professionals can help you navigate these scenarios and more, from reviewing real estate terms to finding organic growth opportunities within your practice. The Practice Optimizer Experience and expertise of our Professionals can make a tremendous impact as you look for strategies to protect and enhance the future sale of your veterinary practice.
While brokers often focus solely on the final transaction, DVMmatch Professionals place emphasis on the entire transition from start to finish so every aspect of the sale—from practice valuation and financial health to the smooth handover of ownership—is thoughtfully managed. This proactive, all-encompassing strategy helps you transition on your own terms. That matters.
At DVMmatch, we understand that selling your vet practice is something you will likely only do once. It’s emotional, it’s high stakes and can be overwhelming. We understand that you want to focus on the work you do, caring for animals. So yes, we help you with the actual transaction, but our Professionals go beyond brokering to focus on all steps of the transition,. In doing so, your vet practice sale emerges from a comprehensive and cohesive process that focuses on your goals. It matters to us that you are able to transition on your terms.
*DVMmatch is not an attorney and does not provide legal advice. Please consult with an attorney in your area for legal advice.