Selling or buying a veterinary practice in Florida
Overview
Veterinary practice transactions involve risks that don’t show up in dental or general medical deals: DEA registration that transfers per-location, biomedical-waste obligations on the building, specialty-versus-general valuations that price very differently, and cremation, food, and supply contracts that need to come over cleanly. We structure the deal so each of those moves correctly at closing.
What we handle
- LOIs and MOUs
- Asset purchase agreements, stock or membership-interest transfers
- DEA registration coordination and controlled-substances inventory transfer
- Biomedical-waste vendor and disposal-contract assumption
- Commercial-lease assignment with veterinary build-out specifics
- Associate and technician restrictive covenants and transition agreements
Common pitfalls we plan around
- DEA per-location registration timing that delays the controlled-substances handoff
- Specialty-equipment leases that don’t assign automatically
- Pet-insurance billing relationships that quietly lapse at change of control
Our Process
How Can Our Team Help You to Reach Your Goals
01
Pre-LOI (2–6 weeks)
Valuation with attention to specialty vs general split. Inventory check on controlled substances. Identification of any DEA, biomedical-waste, or environmental issues that need pre-deal cleanup.
02
LOI (1–2 weeks)
Standard LOI work, with explicit treatment of DEA registration transfer mechanics (per-location and per-prescriber).
03
Due Diligence (4–10 weeks)
Diligence runs longer than dental due to DEA, hazardous-waste, equipment-finance, and specialty-board considerations. Pet-insurance and supply-contract relationships verified.
04
Definitive Agreement (3–5 weeks)
APA drafting with biomedical-waste-disposal contract assumption, controlled-substances inventory transfer at closing, and specialty-equipment lease assumption.
05
Closing (1 day, often staged)
DEA registration transfer often closes the day after the financial closing — sequencing must be planned. Lease and equipment-financing transitions occur in coordination.
06
Post-Closing (3–24 months)
Seller-vet clinical transition (often longer than dental — 6–12 months due to specialty referral relationships), waste-vendor renewals, payor billing transitions.