Transitions Elite 100% seller-side. We never represent buyers.
Free · No email required · About 60 seconds

What’s your veterinary practice actually worth?

Five questions. You’ll see your value range, your adjusted EBITDA and the multiple buyers would put on you – on this screen, before we ask you for anything.

Built from what veterinary practices are actually selling for, not a multiple of revenue somebody guessed.

Question 1 of 5 About 60 seconds

What did the practice collect last year?

Gross revenue. Close is fine.

How many full-time doctors, including you?

This is the single biggest driver of which buyers compete for you.

All-in, what do you pay yourself?

Salary plus distributions plus anything the practice covers for you. This is where most owners find money they didn’t know they had.

If you stopped seeing patients tomorrow, what happens?

Buyers price this harder than almost anything else.

Do you own the building?

Last one.

Your estimate

Based on what you told us, your practice would land around

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Is this number right for your practice?

You said most production leaves with you, and buyers price that harder than almost anything else.

It’s also something you can change before a sale.

Start with a quick 10-minute call with Mike Miller on Dr. Michael Warren’s team, no prep needed.

Get my detailed value

Free and confidential. No obligation to sell.

How we got there RevenueMidpoint of the range you picked – Operating earningsAfter paying every doctor, including you, at market rates – Your pay above marketBuyers add this back – it doesn’t follow you to a new owner – Adjusted EBITDAThe number buyers multiply – Multiple range for a practice like yours  –

Same practice. Two very different numbers.

The low end is roughly what one unsolicited offer looks like. The high end is what the same practice clears when the right buyers know they’re competing. Nothing about your practice changes between those two numbers. Only the process does.

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One offer –
Competitive process That gap is worth– And the building is separate. Real estate is its own asset with its own buyer pool. Most owners let it get bundled into the practice price without noticing what it cost them. One thing worth knowing: because most production still walks out with you, buyers will hold back part of the price until they see it stick. That’s the difference between a headline number and what actually lands in your account.

This is an estimate built from published market multiples, not an appraisal. Your real number moves with your payer mix, your lease, your equipment and which buyers happen to be hungry in your region this quarter.

Get your detailed practice value

Send your details, then pick a time for a 10-minute call with Mike Miller.

Send your details below and we’ll take a look.

He’ll ask a few short questions about your practice, nothing to prepare.

Your detailed value is then reviewed by Dr. Michael Warren and the senior deal team.

Your information stays confidential.

Who’s doing the math

100%Seller-side. We never represent buyers. $300M+In closed exits 50+Vetted qualified buyers who compete for the right practice Dr. Michael Warren

One practice we valued at 13.1x adjusted EBITDA closed at $4,150,000 – 3.1x the owner’s best independent offer. Nothing about the practice changed. The process did.

Dr. Michael Warren, Founder, Transitions Elite

How veterinary practices are valued

Buyers value a practice on adjusted EBITDA times a multiple.

Adjusted EBITDA is what the practice really earns once owner pay is set to market and one-time costs are added back.

It’s almost always higher than your tax return suggests.

The multiple is what a buyer pays for each dollar of those earnings.

In published deals, veterinary practices are valued at roughly 5x to 13x true EBITDA.

Four things move a practice up or down that range:

  • Doctors. More full-time doctors means more kinds of buyers can compete.
  • You. When most production walks out with the owner, buyers pay less or hold money back; your role, how long you stay and what happens to your team are terms we negotiate for you.
  • The building. Real estate is a separate asset with its own buyers.
  • Competition. One offer tends to land low; buyers who know they’re competing pay closer to the top.

The calculator above runs that same math on your answers.

A detailed valuation needs your real financials, and it starts with a 10-minute call.

Fair questions

How accurate is this really?

It’s an estimate, and we show you every step so you can check it. It uses the same two levers a buyer uses – your adjusted EBITDA and a multiple range for practices your size. What it can’t see is your lease, your equipment, your payer mix, or which buyers are hungry in your region right now. Those move the number, sometimes a lot. That’s what the detailed valuation is for.

What is adjusted EBITDA, in plain English?

What your practice really earns once you add back the costs that won’t carry over to a new owner – your above-market pay, personal expenses run through the business, one-time items. Buyers multiply that number to set their offer. It’s almost always higher than your tax return suggests, which is exactly why it pays to know it.

Are you brokers?

No. A broker lists your practice and waits for offers. We’re sell-side dealmakers – we give you a private read on what your practice is worth, then, only if you choose, run a competitive process for it. No listing, no contract, and the estimate costs nothing.

Do I need to be ready to sell?

No. Most owners who run this are one to five years out, or just curious. Knowing your adjusted EBITDA is useful whether you sell now, later, or never.

Why does one offer leave money on the table?

One buyer sets one number, and has no reason to stretch. When the best-fit buyers know they’re competing, the price moves toward what your practice is really worth. At $2M+, that difference often runs into seven figures.

Transitions Elite 100% seller-side advisory for veterinary practices. We never represent buyers.
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