Sell a Veterinary Practice in Florida
Veterinary practices draw more buyers than almost any small business: individual veterinarians, regional groups and national consolidators compete for well-run hospitals. The price depends on revenue and normalised earnings, on whether the associate veterinarians stay, and on the building. Choosing between a private buyer and a corporate group is the decision most sellers face.
Find Out What My Business Is Worth · (786) 914-1017
Your first step: Confidential Business Exit Review
Start With a Confidential Business Exit Review
Your business represents years of decisions, relationships and work. Before anyone hears it might be for sale, know what it would sell for, what a buyer's lender will accept, and what you would take home. A licensed business broker prepares it and walks you through it privately.
What you receive
- A recast of your earnings into seller's discretionary earnings, with the add-backs documented
- A price range from closed sales of comparable Florida businesses, with the reasoning
- The lease, staffing and financing issues that would move the price, and what to fix first
- What a buyer's SBA lender is likely to accept
- An estimate of what you would take home after the fee and any payoff
What happens next
- Answer a few questions about the business. Revenue and what you take home are enough to start.
- A business broker prepares the review from comparable sales.
- We call within one business day to walk through it, privately.
- Nothing is listed, and nobody is contacted, unless you decide to sell.
Free and confidential. The details you give us are seen only by the broker preparing the review. We do not contact your landlord, staff or customers.
Find Out What My Business Is Worth · How a business sale works
Revenue, Earnings and the Doctors
Groups value a practice on EBITDA after market compensation for every veterinarian including the owner; individual buyers look at seller's discretionary earnings. Revenue per veterinarian, the number of active patients, the share of revenue from services versus product sales, and the growth over three years are what buyers test. A practice whose associates will stay, with employment agreements and non-competes in place, is worth substantially more than one that depends on the selling doctor.
Private Buyer or Corporate Group
A veterinarian buying with a practice loan usually keeps the practice as it is, wants a shorter transition and pays on earnings. A group often pays more, asks the seller to stay two to five years, and may offer part of the price as equity in the group. Each has consequences for your staff, your clients and your taxes. We present both routes with the figures and the terms so the choice is yours.
Pharmacy, Controlled Substances and Licences
The practice's premises permit, the DEA registration for controlled substances and the state veterinary establishment licence do not simply transfer; the buyer obtains their own and the handover of controlled-substance inventory is documented. Confirm the current transfer rules with the Department of Business and Professional Regulation and the DEA, with your attorney, before the closing calendar is set.
Equipment, Records and the Building
Surgical suites, imaging, laboratory equipment, dental units and the practice software are listed with age and condition. Medical records transfer to the buyer as custodian under a written agreement and remain available to clients. If you own the hospital, it is often the second-largest asset in the deal: sold with the practice, leased to the buyer on a long lease, or sold separately in a sale-leaseback, and the commercial team values it alongside the practice.
Clients, Staff and Confidentiality
Clients stay for the doctors and the staff, so technicians and the front desk matter to every buyer and a retention plan is agreed before they learn of the sale. The practice is marketed by type, size and area only; buyers sign an NDA before they learn whose it is; and clients are told when the transition is ready, by you and the buyer together.
Questions you may be asking
- Will my employees, customers or landlord find out?
- Not from us. The review itself involves nobody but you and the broker. If you later sell, the business is marketed without its name or address, buyers sign a non-disclosure agreement and prove their funds before they learn who you are, and the landlord is approached only once there is an accepted offer.
- What does a business broker charge?
- A success fee paid from the proceeds at closing, set out in writing in the listing agreement before you sign anything. The review costs nothing.
- My books are not perfect.
- Few are. The review shows which add-backs a lender will accept and which records to tidy before a buyer looks, so the price holds through due diligence.
- I only know my revenue.
- Tell us the revenue and what you take home, even roughly. We work out the rest with you and ask for tax returns later, only if you want a firm range.
Find Out What My Business Is Worth
Tell us the type of business, the city, how long it has operated, annual revenue, owner benefit or seller's discretionary earnings, EBITDA if you track it, monthly rent and lease expiry, number of employees, how involved you are, why you are selling, your timeline and whether you would consider seller financing. A licensed BreakThru business broker prepares a confidential valuation from comparable sales and replies within one business day. Everything you tell us is confidential, the valuation is free, and nothing is listed or announced unless you decide to sell. Prefer to talk now? Call (786) 914-1017.
Questions Owners Ask
- What is my veterinary practice worth?
- To a group, a multiple of EBITDA after market pay for all doctors; to an individual, a multiple of seller's discretionary earnings; in both cases adjusted for the associates who stay, growth and the building. A confidential valuation gives you a range from comparable practice sales and explains both routes.
- Should I sell to a corporate group?
- Groups often pay more and ask for a longer commitment, and may pay part in equity. Whether that suits you depends on how long you want to practise, what you want for your staff and your tax position. We show you both offers side by side.
- What happens to my DEA registration?
- It is personal to you and does not transfer. The buyer registers in their own name and the controlled-substance inventory is transferred under documented procedures. Confirm the current rules with the DEA and your attorney before closing.
- What does a business broker charge?
- Brokers selling small businesses usually charge a success fee paid from the proceeds at closing, commonly quoted in the market at around ten percent of the price, often with a minimum fee; larger sales are usually priced on a sliding scale. BreakThru's fee is set out in writing in the listing agreement before you sign anything, and the valuation costs nothing.
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