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A/R Aging Report Guide1031 Exchange GuideLOC GuideSBA 7(a) GuideSBA 504 GuideSection 179 GuideSelling a Business
Setting an Asking PriceUsing a Business BrokerSelling a Business During DivorceSelling a Failing BusinessTransferring Intellectual PropertyPreparing an Online Business for SalePreparing for Sale, Two Years OutSelling a Business QuicklyWriting a Selling MemorandumSelling a Business Step by StepSelling a Business With DebtChanges Worth Making Before SellingCorporate buyers arrived with capital and a reason to pay more than a vet could. Whether one is active in your region changes the number materially.
SDE is $380K against EBITDA of $160K, and revenue per DVM is $733K. The consolidator premium sits on top of a business that still has to work.
Read from the calculator on its shipped example. Lines marked (derived) are the difference between two of its figures rather than one it displays directly.
Every figure above is computed from inputs you control. Change one and the whole model moves.
Fifty-eight percent of SDE is the owner in the room. Replacing them is what a buyer has to fund.
420 agreements against $2.20M of revenue. The plan base is what smooths a bad quarter.
These charts are the calculator’s own, drawn from the example it ships with. Put your figures in and they redraw.
Assuming the consolidator premium is available. It exists where a platform is actively buying in your region and at your size, and nowhere else — the same practice sells to another vet on ordinary earnings. The tool prices both and shows the gap rather than quoting the better one.
Rules of thumb that circulate because they are roughly right. The calculator labels them as such and asks you to record your own source.
The tool applies all of this to your numbers, and tells you where it disagrees with itself.
On earnings after an associate is paid at market, with a consolidator premium on top only where a platform is actively buying in your region. The tool prices both and shows the gap.
It is the clearest measure of how doctor hours are used, and doctor hours are the constraint. The worked example runs $733K per DVM on $2.20M of revenue.
They are the nearest thing to recurring revenue in the sector and they smooth a bad quarter, so they are worth more per dollar than the visits they replace.
It is a separate decision and a separate valuation. The tool treats real estate apart from the practice, because whether it transfers changes both the price and who can fund it.
The answers above use the worked example. Your practice will give different ones.
Who is buying changes how it funds. A corporate platform pays cash and needs nothing from you; another practitioner needs everything on this list.
The standard route where the buyer is another veterinarian. Ten years of amortization against production that depends on doctor hours.
Bank debt, seller note and equity against coverage, which is the test that decides whether an individual buyer can match a platform's offer.
If the hospital building transfers. Fixed for twenty or twenty-five years, and it does not fund working capital.
Surgical, dental and diagnostic equipment, which is where a practice's capital plan actually sits.
Standby paper is how an individual buyer closes the gap to a consolidator price without breaking coverage.
Every 20% owner files one, and on a practice of this size the guarantor carries the decision.
A consolidator arrives with a number and a short window to answer. Register now and know what the practice is worth on its own earnings before that call comes.
No credit card required now. As long as your details are in the system, we send the discount access details when the software opens.
And the financing calculators are free and working today. SBA 7(a), 504, CAPLines, Form 413, equipment and seller paper — your account opens all of them the moment you register, months before the valuation software ships.
The whole analysis exports as one PDF, generated server-side — every tab, the five-year history, the normalization and the working behind each figure. Not a screenshot of the tab you happen to be on.
It carries the business name, the period, who prepared it and for whom, so a lender or a buyer can act on it without asking who produced the figures.
One email when the software opens, and nothing else. Your details are not sold or passed on.
Figures are the calculator’s worked example, read from the tool itself. Thresholds described as conventions are not market observations. Saving is optional and off by default; saved work is encrypted at rest with AES-256. This tool produces estimates on figures you enter, not a valuation, appraisal, or legal, tax or accounting advice. ExitAdviser is operated by Simplifying Calculation LLC, a Delaware limited liability company.