How Do You Value a Vet Clinic?

To value a veterinary clinic, first calculate its annual net income before taxes. This is the clinic’s earnings before interest, taxes, depreciation, and amortization (EBITDA). Then subtract average annual equipment costs. This shows the clinic’s true operating profit. Multiply this by the industry average multiple. This calculates the clinic’s value.
Most revenue at vet clinics comes from services, not product sales. The average full-time vet brings in $300,000-$600,000 per year. Routine visits monitor pet health. They detect unseen issues early. Annual checkups include exams, tests, and treatment advice. They ensure long-term pet health.
Vet clinics have high startup costs. New buildings cost about $200 per square foot. Leased spaces need $140 per square foot for build-outs. Factor all essential costs before opening.

Know the accurate market value of your clinic. Compare its outlook to current numbers. See if it is profitable. Check if loans and costs are paid. Estimate time to profitability if not. This properly assesses market value.
Vet equipment is as complex as human healthcare. Costs are high for diagnostics and therapies. Value veterinary availability when urgent. Wait times for human doctors can be long.