You want to sell your veterinarian and veterinary practice? Then it's good to know about the acquisition market in the field of veterinary and veterinary practices.
The number of mergers and acquisitions of veterinarian and veterinary practices is low and the acquisition market is fairly stable.
There are many ways to value a business. A common method of expressing the value of a business is "a factor x gross annual profit." This factor is also called multiple and another designation for gross annual profit is EBITDA (Earnings Before Interest Taxes Depreciation and Amortization).
In the healthcare and pharmaceutical sector - which includes a veterinary and veterinary practice - an indicative EBITDA multiple range of 5.9 to 6.9 is currently used, according to the Brookz Acquisition Barometer. The average EBITDA multiple across all SME sectors is 4.90.
The valuation of a business is often the starting point for negotiations between buyer and seller. The outcome of these negotiations is the final sales price. So valuation and price are two different quantities. Besides valuation, the price is also determined by possible scarcity in the market, bargaining power of the parties, the strategic value of the business for the buyer and possible synergy effects for the buyer (cost savings, purchasing advantages).
Do the calculation
Want to buy a business or sell a business in the healthcare & pharmaceuticals sector? With this Brookz Sector Monitor, we want to present buyers and sellers with facts, figures and an outlook that provide insight into the number of transactions, the value development of businesses and the latest trends and developments in healthcare & pharmaceuticals. Because in every buying or selling process, thorough preparation gives peace of mind, overview and structure.
Download report
There are relatively many sole practitioners in this sector, and therefore the number of businesses with one person working is relatively high.
In figures, the number of veterinarian and veterinary practices in 2024 looked as follows(CBS):
With this online training from Brookz you are optimally prepared to largely sell your business yourself: 25 Powerpoint videos, a comprehensive valuation report, legal model contracts, handy templates, checklists and expert support. Plus 50% discount on listing your business on Brookz!
To Brookz Academy
A number of trends and developments will inevitably cause changes in the coming years, but also offer veterinary and veterinary practices many growth and acquisition opportunities:
The role of pets is changing from companion animal to extra child. And as a result, the demand for intensive care is also increasing. Whereas having a pet put to sleep was a very common practice a few years ago, care is now designed so that the pet is offered maximum care.
Competition for veterinary practices is increasing as more and more garden centers, hardware stores and pet specialty stores also offer veterinary services. In addition, consumers can buy feed and medications at these stores or online. And therefore the focus of many veterinarians is shifting to consulting and preventive treatments rather than curative methods, according to Rabobank.
