Why Sell Your Practice?

why-sell

The benefits of selling your veterinary practice:

  • Maximize gains and contribute to the sustainable success of your business
  • Financial liquidity
  • Reduction of workload
  • Decreased management burden
  • Increased focus on the practice of medicine

Are You Positioned for Veterinary Industry Changes?

The veterinary services industry will become more competitive for independent veterinarian owner operators. Well-operated practices will succeed – poorly operated practices will not. Relationships and treatment delivery will be highly important, and veterinary practices must be well-run businesses for veterinarians to sustainably continue provide high quality medicine to pets.

Strong Fundamentals Are Well Known:

Strong trends in the veterinary industry do create opportunities:

  • Large universe of pet owners seeking quality veterinary care for pets
  • Pet ownership is expected to grow
  • Growing importance of pets in homes – Pets are considered family members
  • High-quality, personalized veterinary care is in demand

Key Competitive Trends to Consider:

As an owner/operator, you have more options today than you will in the future. Industry challenges include:

  • Decreasing visits-per-clinic
  • A surplus of veterinarian students graduating into the workforce
  • Pricing pressure for industry consolidators and powerful vendors
  • Increased sophistication of business systems
  • Increase need for pro-active marketing and engagement

These pressures could divert focus from treatment delivery if not skillfully managed.

Contact

VetEvolve
“Don't change, evolve”

Phone: 804-304-1858
Fax: 1-888-583-8314

Email: partnership@vetevolve.com

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Our Ideal Partner

Our veterinarian partners focus on providing superior care and patient service while building a thriving business that is well respected in the community.

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Upcoming Events

Thinking about selling your practice? Stay tuned for our exclusive Succession Planning Seminars this summer. Email us at partnership@vetevolve.com or call 804.304.1858 for more details!