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Selling a Practice
Overview
Selling a Veterinary Practice can be an exhilarating, yet nerve-wracking experience, akin to major life events such as marriage. Recognizing this, we at Auxillio strive to ensure the process is secure and streamlined, while maximizing your objectives.
Our approach includes methodical preparation of your practice for sale, effective promotion of your team, facility, patient/client demographics, and other key attributes of your practice.
We construct a customized practice profile and reach out to numerous potential buyers and specifically identified target markets relevant to your practice sale.
Our lead negotiator, Dr. Jacob Adserballe, BBA, DVM, MBA, brings his wealth of experience as a marketer, evaluator, and mediator to manage all negotiations.
In addition to this, Auxillio provides support with any sale-related concerns including Non-disclosure Agreements (NDAs), confidential initial evaluations of your practice, guidance with the due diligence process, coaching, lease transfer negotiations, and even veterinary business consulting as needed.
At Auxillio, we listen attentively to your insights and requirements, crafting our services to meet your unique goals. We offer an initial, 100% confidential consultation free of charge. Our fees are structured as a percentage of the sale price for our services.
Choose Auxillio for a personalized experience in veterinary practice business brokerage in Canada. Reach out to us for a free and completely confidential consultation.
1. Practice Valuation
1. Practice Valuation
1. Practice Valuation
We review, analyze and evaluate your clinic and provide a confidential 360 valuation of the practice with recommendations and potential forecasts.
2. Prepare & Guide
1. Practice Valuation
1. Practice Valuation
We work closely with you as we prepare the business profile encompassing all facets of your practice, and provide guidance throughout your journey.
3. Market
1. Practice Valuation
4. Navigate & Negotiate
We utilize numerous channels to appropriately market your practice in order to maximize reach and value.
4. Navigate & Negotiate
4. Navigate & Negotiate
4. Navigate & Negotiate
We help you analyze the strengths, weaknesses, opportunities, and threats of all offers, while considering dynamics of current market trends, so you can make the decisions that are best for you.
5. Close
4. Navigate & Negotiate
5. Close
We help you through the closing due diligence processes with the purchaser, lawyers, accountants, your team, and other transition requirements. Making the entire process as smooth and secure as possible from start to finish.
Client Testimonials
Dr. Kent Morley & Dr. Lia Morley, Veterinary Practice Owners
Veterinary medicine is chaotic these days. From issues with staffing, plans for expansion or creating an exit strategy, there are many factors that can be overwhelming and prevent you from focusing on the job of being a veterinarian. Jacob and his team at Auxillio were instrumental in helping navigate these and more as we attempted to grow to meet the demand for veterinary medicine created by the Covid-19 pandemic. Jacob and his team created a plan that allowed us to completely renovate our clinic in 12 days, expand our staff to realize the benchmarks desired by the corporate consolidators, negotiate with the interested buyers and close the sale. His contact with us was not limited to weekly meetings. He was available at any time to help with any problems that arose. Without his experience, knowledge and guidance we would have not been able to realize the incredible return achieved in the sale of the practice. We would unreservedly recommend the services of Auxillio to those that need them.
Dr. Jeffrey Person, Veterinary Practice Owner
"During a crisis, I reached out to Auxillio for help. Hiring Dustin and Jacob was the best decision I have made for my veterinary practice, for me, and for my family.
Auxillio immediately set out to understand my goals and aspirations and the strengths and weaknesses of my staff. With this assessment, they built a comprehensive plan and a cohesive team. They acted decisively and respectfully, and kept everyone informed about each step along the way.
While the initial assessment period was demanding of my time, I appreciated the focussed discussions and the wisdom of their approach. I was also relieved to have them immediately and expertly take on the burden of talent acquisition and inter-staff relations. With their help and support I was able to focus more on providing professional services and at the same time reach my business goals. Within 8 months our dynamic team celebrated measurable results.
Jacob and Dustin bring to the table broad, yet unique and complementary experience from having each owned, operated, and sold successful businesses. While I was aware of their negotiation expertise, financial intelligence, educational and experiential qualifications before I hired them, Auxillio exceeded my expectations. Perhaps most surprising were the intangible benefits: having others care so much about the success of my practice as well as the soft-spoken advice based on their own leadership experience and exceptional emotional intelligence helped my mindset and focus.
You don't need to wait for a crisis to benefit from Jacob and Dustin's expertise. To any professional business owner / operator who wants to devote more of their working hours to their professional passions, I recommend that you hire Auxillio. "