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Contemplating the sale of your veterinary practice?


When contemplating the sale of your veterinary practice, consider this important fact:

According to veterinary accountant Gary I. Glassman, CPA, “You don’t need to be the mortgage holder when the practice is sold. When it comes to the sale of a partial interest in the hospital, arranging financing can be tough. However, when it comes to the sale of the entire practice, many financing options are available. When one considers the sale of their practice, the significant price tag that might be associated with it should not be a stumbling block to the sale. Lenders will, in many cases, lend for a practice purchase of $1 or $2 million. The major criterion is that cash flow from the practice can support the loan over a reasonable period of time, which is defined as somewhere between 7 and 10 years. Many sellers have less than a 20% down payment usually required for conventional financing, but the availability of SBA loans and lenders who specialize in lending to the veterinary profession will make loans for the right deal. Many of the veterinary boutique lenders will make practice loans with no money down if the purchaser has good credit. Real estate added to the transaction can even make it easier.”

Call Gary to discuss any issues related to selling a veterinary practice at 203-468-8133.

Monica Dixon Perry to Speak at 2025 WVC Annual Conference

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At the firm's annual state-of-the-firm and company picnic on August 29th, we recognized the 40th employee anniversary of Partner Melody Mann Fox, CPA. Managing Partner Bill Kalinowski congratulated Melody on her tenure and accomplishments with the firm. Said Ralph L. Ricciardelli, CPA, Emeritus, a founding partner of Burzenski & Company, PC, “Mel, 40 years where does the time go? It’s not easy to build a firm and you’ve done it with a lot of grit, expertise, and professionalism. You have been integral in building the firm. You’ve been integral in helping with the staff, whether it was the administrative staff or the accounting staff. I don’t know what we would do without you. There aren’t enough words of appreciation that we can give to you.”Mel, 40 years where does the time go? I remember when you first came to us in 1984 as a staff person. Our first tax season together was 1985. There was a lot of fun things that happened during those early years that laid the ground work for the future.

Monica Dixon Perry, CVPM, to present on September 6th at the VHMA Annual Meeting

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As relief medicine continues to rise in popularity, what is the big fuss about it? Within the past few years, there has been tremendous growth within the veterinary industry of professionals making the shift from a traditional career in veterinary medicine to relief work. With the flexibility of making your own schedule, traveling anywhere to work and seeing new places, and becoming your own boss, it can be an easy choice to make the switch to relief medicine.

Fetch Kansas City will host Monica Dixon Perry, CVPM, as their Keynote Speaker

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Monica Dixon Perry to speak at VetPartners Mid-Year Meeting

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Sarah Williams Joins the Firm!

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Sarah Williams, formerly of Abilene, TX, has joined the staff at Burzenski & Company, as a Staff Accountant. She earned a Bachelor of Business Administration degree as well as a Master of Accountancy degree from Abilene Christian University in Abilene, TX. Prior to joining our firm, she was as a Tax Associate. She has two cats named Fig and Peach.
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