So, you’ve decided to sell your practice and after years of blood, sweat and tears, doing whatever’s necessary to build it into the success it has become, you want to make sure you get top dollar for it. One of the primary indicators of the price that a buyer will be willing to pay is […]
Have low interest rates lead to higher valuations for vet practices? Real estate prices have gone up in all major cities, has this been reflected in vet practice valuations? Our valuations are based on profitability before interest, so no, interest does not influence our valuations. Practices have become busier and more profitable – this has […]
A practice or real estate sale is usually a high-stakes transaction involving hundreds of thousands, or millions, of dollars changing hands. Quite often, the buyer and seller will base the price paid for a practice on an appraisal or valuation that has been done by an accountant. …And yet, if a business or real estate […]
A valuation can be one of the most important tools in a business. It can help you with business strategy and planning, it can guide the decision to sell your practice and retirement planning. Somehow though, there is little understanding among vet practice owners surrounding: When should a practice owner get a valuation? Where they should go […]
The current paradox in the veterinary economy – high workload with vet shortages It certainly seems that for the veterinary industry, the current COVID-19 crisis has had an economic outcome that would have been hard to predict. While so many other industries have lost customers and had to reduce staff hours, the pet industry has flourished […]
Any business is made up of both tangible assets (those that you can see and touch, like equipment, fit-out and furniture) and intangible assets (like goodwill, brand recognition and intellectual property). There are many misconceptions about how these different asset classes should be treated in a business valuation and sale. To address these misconceptions, we […]
For every good practice that Practice Sale Search has for sale in one of the state capitals, we have many buyers competing with each other to submit a winning bid… and yet… when the practice is located in a regional or rural centre, the demand often dwindles… Why is this? There are many reasons that […]
There is no doubt that we are facing a global recession. The extent to which it will affect veterinary practices is unknown, but an astute business owner would be wise to at least give this some thought, and NOW is the right time to do this. Regardless of whether you are thinking about the value […]
COVID19 and Vet Practice Values Since the introduction of the COVID-19 pandemic restrictions in Australia, many industries have been severely impacted, and the road to recovery for many of them is still uncertain. While there are some chicken littles out there, running around saying that the sky is falling and hoarding enough toilet paper to […]
Practice Valuations, Exit Consultancy and Practice sales
Valuvet has been providing appraisals to the veterinary profession since 1996. Our appraisals are formualted by a veterinarian, accountant and practice sales expert, representing the perfect combination of perspectives. We understand your practice like no one else can.
Give us a call on (07) 5292 5162 or get in touch online!
2 Genoa Court
Cleveland, QLD 4163
PO Box 245
P (07) 5292 5162