GoVets – Greenwood

I would like to pass on a huge thank you to Rob for all of his hard work in helping us achieve our practice sale. 
As somebody who was fairly inexperienced in this field, Rob took what was a daunting task and made it a straightforward, understandable and stress free process. 
We achieved our goals quickly and couldn’t be happier with HPB. Would highly recommend it for anyone thinking of moving on from practice ownership. 

Govets Sold to Corporate. 

What did you find most helpful?
I think the most helpful was just being given a list of information (financials, clinic pics, equipment, etc) that we needed to compile to get the process started.
I really didn’t even know where to start, so just having that initial guidance as to what we need to do, and start putting together to get the appraisal was most helpful for now.

What things saved you time and/or money?
The best time saver was just allowing you to take the information provided, and put together a profile and sort the marketing also.

Was there anything you found invaluable or that you could not have done yourself? 
I think understanding the financials, and coming up with a realistic price/valuations based on all the different models was the one thing I never would have been able to achieve alone.

If I had a client in a similar situation, would you be ok to chat with them? Sure, no worries at all.

GoVets is a 2 FTE Vet sized small animal practice located in the Northern suburb of Perth.
Established in 2018 from a Mobile service base, it has grown rapidly over the 3 years with excellent profit margins to Gross over $1,038,000 in 2021 tax year.
It boasts a new, purpose built fit out in large premises with ample space for expansion.
GoVets is in Greenwood a suburb 18 km north of Perth CBD and surrounded by fast growing new suburbs. The practice is adjacent to the Kingsway Shopping centre and 10 minutes from the fabulous northern beaches of Perth and Hillarys Marina.
This is a fast growing and very profitable small animal practice situated in a great northern suburb of Perth. It has excellent future growth potential.
The owner wishes to scale back his hours due to a young family so is looking to sell the business but would also consider a partnership.

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