Podiatry Practice Sales Melbourne & Podiatry Brokers
Melbourne is home to an active number of Podiatry practice sales. As specialist Podiatry business brokers, we have sold a large volume of Podiatry practices across Melbourne. Since 2014, our firm has assisted in the transition between Podiatry buyer and seller of small solo sites to major practices located across multiple locations with significant staffing levels as well as multi disciplinary allied health practices. Melbourne offers a significant opportunity for both Podiatry practice buyers and Podiatry practice sellers. If you are looking to sell a Podiatry practice in Melbourne contact us for a confidential conversation.
Licenced and Registered Podiatry Business Brokers in Melbourne (VIC)
As licenced Podiatry business brokers and corporate licencees in VIC, we can undertake Podiatry practice sales on behalf of our clients in Melbourne and surrounds. We are also members of the Australian Institute of Business Brokers (AIBB) where we undertake ongoing CPD activity and training. This also ensures that we are at the forefront of legislation changes and laws around all Podiatry business sales for our clients in Melbourne. If you are looking for experienced Melbourne Podiatry business brokers, please contact us.
Podiatry Practice Valuers in Melbourne
Our firm also conducts Podiatry practice valuations in Melbourne. Having sold a significant number of practices, we hold a wide range of specific market evidence of Melbourne Podiatry business sales. As registered business valuers (RBV) we are qualified and experienced to be able to produce these reports for a wide variety of reasons including family law, partner buy in / out, sale, tax reasons. For more specific information on practice valuations in Melbourne, please read here.
Placing a Value on Your Podiatry Practice
How do we determine what your podiatry practice in Melbourne is worth? Podiatry practices transact in the market under a multiple (number) x adjusted EBITDA or profit. A lot of factors go into determining both the multiple number and also the adjustments or normalisations of the financial accounts. A comparative approach is used to benchmark your practice against a whole range of similar practices that have actually transacted or sold in the market in Melbourne. This is information that we hold from transacting podiatry practice sales in Melbourne since 2014. This data forms part of the evidence base in the determination of value of podiatry practices. Some factors assessed include
- number of full time Podiatrists
- reliance on owner and impact of their departure
- gross billings among practitioners
- assets
- location – suburb, shopfront, exposure, branding etc
- breakdown of funding streams
- age of business
- database of patients
- systems and processes
- profit
- rent and lease terms
- personal drawings
- non business related expenses
- scope for growth
All the above factors go into the calculation and comparative process in order to determine a podiatry practice “market value” in Melbourne.
Why use an Experienced Podiatry Practice Broker?
As specialist medical business brokers with significant experience in podiatry practice sales we understand the intricacies of your business. We have also been podiatry practice owners ourselves which places us in a very unique situation in this regard. Non specialist or generic business brokers do not have the same level of understanding but more importantly do not hold the historical market evidence upon which to be able to accurately determine the value of your Melbourne podiatry practice. Having an incorrect value can either undersell your podiatry practice or see it passed over by podiatry practice buyers who move onto the next opportunity. Non specialist brokerages also do not have an active database of vetted podiatry practice buyers in Melbourne, we have been building our database constantly since 2014.
How Do We Work With Podiatry Practice Sales in Melbourne
Medical Business Brokers run a traditional brokerage service that includes a small upfront preparation, representation and marketing fee at the time of listing. This is followed by a fee at the point of sale of the podiatry practice. We are paid on results, those being the sale of your practice. Our final fee is invoiced when your practice is sold. We do not charge monthly ongoing fees for no result.
Selling Your Melbourne Based Podiatry Practice?
If you are a practice owner and seeking specific confidential information on Podiatry practice sales in Melbourne or surrounding areas, we welcome you to contact us for further information or for more detail on the sale process, read here
Podiatry Practice Sellers
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