Selling Your Veterinary Practice
In order to get the most out of the sale of your veterinary practice, you must work with a transition advisor. There are many ways to go about transitioning your practice to a new owner. Some veterinary practice owners may wish for a walk away sale. In this type of transition, your responsibilities, ownerships, and practice are fully transferred to the new owner upon completion of the sale. A walk away sale is often the best option for practice owners who are relocating or retiring with no desire to continue the practice.
More common than a walk away sale, however, is a partnership transition. In this type of arrangement, you continue to work alongside the new veterinary practice owner for a set period of time. This can be incredibly rewarding and beneficial for both parties. However, due to the many complexities of this type of transition, you must partner with a veterinary practice transition advisor to ensure that everything is done properly.
These are just a few examples of ways you can sell your veterinary practice. At Jaquay Enterprise, we specialize in providing veterinary transition and consulting services that benefit our clients.