Posts by Author: Melani Seymour

C-Corp, S-Corp or LLC: How Your Entity Type Affects Your Veterinary Practice Sale (2026) Key takeaways Your entity type decides how many times your sale gets taxed. A pass-through (S corp, LLC, partnership) is generally taxed once; a C corporation can be taxed twice on an asset sale, once at the 21 percent corporate level…

Veterinary Practice EBITDA Add-Backs: Building Defensible Normalized Earnings in 2026 Key takeaways Add-backs are the number your price is built on. Value equals normalized EBITDA times the multiple, so every defensible add-back you can document raises the price by the full multiple, and every one you can’t document costs you the same. The biggest add-back…

Selling a Single-Doctor Veterinary Practice in 2026: The Owner’s Guide Key takeaways Single-doctor practices sell, but to a different buyer pool. The active buyers are associates buying in, individual buyers using SBA financing, and smaller groups, because large PE-backed platforms generally prefer scale. The discount comes from owner dependence, not size. A buyer replaces your…

Veterinary Real Estate Sale-Leaseback: A 2026 Owner’s Guide Key takeaways A sale-leaseback turns your building into cash without moving the practice — you sell the real estate to an investor and sign a long lease to keep operating in the same place, realizing close to 100 percent of the equity instead of the 65 to…

Your Veterinary Employment Agreement After Sale: What Your Post-Sale Role Looks Like in 2026 Key takeaways Selling rarely means walking out the door. PE-backed and consolidator buyers commonly require a stay-on of at least 2 years, with most wanting 3 or more; sellers usually remain 12 to 36 months, often in a reduced role. You’ll…