Archive for June 2015
How Does Debt Impact Clinic Valuations?
Veterinary clinics are usually sold on a “debt-free” basis, meaning that when a clinic is sold, at a minimum any interest-bearing debt (such as bank loans, credit cards and capital leases) is deducted from the selling price. Example: A clinic is valued at $1,500,000 and has $300,000 of debt. The net proceeds to the seller…Read More