When it’s that time to sell your veterinary practice, make a clean break. When contemplating the sale of your veterinary practice, consider this important fact:

According to veterinary accountant Gary I. Glassman, CPA, “Corporate buyers are still an option and one should not look past merger opportunities. Corporate buyers are still available for those who want to make quick transactions or see no other avenues to create a sale. You may consider a corporate buyer over putting the veterinary practice up for sale with a broker. One should consider the use of a broker carefully. The main advantage of a broker is that they can bring buyers and sellers together. They create a market. However, it comes with a cost and it can be expensive. Many brokers take their commission on the sale of the practice and the real estate. Many corporate buyers are becoming more selective in what they are looking for in a practice. You may not fit their criteria. Also, many times they want a work commitment from you to help create the transition. That work commitment can last anywhere from one to two years. The corporate buyer typically does not want to buy the practice real estate. Another 

alternative to consider is the practice merger. Look to local practices for opportunities to create mergers and create a transitioned way out of practice.”

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