At Healthcare Practice Sales many clinic owners are selling their practices for retirement, change of career, illness, lifestyle, or another reason but not for financial reasons. So, the motivation for the clinic sale is based on lifestyle considerations, rather than financial. In many clinic sales of a successful clinic, the return on the sale proceeds, after associated costs of the sale price & after tax, will be equal to or less than the owner was earning out of the clinic.
In some clinic sales, the practice owner may not have a choice on the timing. But, in some others, particularly retirement, there is a choice in timing. Some factors that come into play may be when the clinic owner will be able to use superannuation as a significant source of income. Most likely there is some flexibility in that date. The sale price of the clinic will make a difference in selecting that retirement date and the sale price can vary a lot. A higher sale price of the practice may allow an owner to retire earlier.
The fact that the clinic sale price of the practice can vary quite a bi