A valuation isn’t just a component of the sales process. We recommend you get a gauge every 3-5 years of your current practice value and how it compares to others in your area and around the country. Just like any other major asset – you want to understand where you’re at if you needed to sell quickly for any reason. A good valuation will also illustrate some areas of improvement to assist in improving your value into the future.
When we value your practice we look at financials, HR, and software data from the last three years. We look at trends in revenue and expenses and help extract what the true cashflow is of your business…it’s not just “net” at the bottom of your tax return.
Our valuations uncover the independent, corporate, and market values of your hospital. Unlike many brokers, we don’t corral you into just the high-end corporate valuation – we know that you want all the information and from there you can make an educated decision on which route you want to take when choosing a buyer.
Due to our unparalleled experience in veterinary finance, we also include a “sanity check” on our final numbers because if the banks don’t agree with your price – everything stalls. We know what the banks will look at when financing your buyer which means we won’t give you an unrealistic expectation. The value numbers you get from Evolve Transitions, you can literally take to the bank! Nobody else can offer that level of confidence.