"Recently I sold my
Animal Hospital, which I owned and operated for 23 years.
First I tried to accomplish this daunting task on my own.
After about one and one half years of not really getting
anywhere I decided to enlist professional help. I signed
on with PS Broker and let me tell you I was completely
satisfied. These two ladies are specialists in the
marketing and sale of veterinary practices both large and
small. They were able to efficiently evaluate and
determine a fair and marketable price for my practice.
Then they helped handle all phases of finding and
presenting my office to the interested parties. Pennie and
Shawn were there for me handling all the details at each
step all the way up and through the closing. For anyone
contemplating the sale or acquisition of a veterinary
practice, I enthusiastically recommend you use PS Broker.
You’ll be glad you did." Sincerely, Dr. Michael Shaff,
Coral Springs, Florida
"I contacted Pennie Freeman and Shawn Henriksen at
PS Broker in February 2004 about obtaining a practice
valuation in preparation to selling my clinic. I had
contacted another practice broker and had been quoted
$1500 for a valuation, so I was surprised when Pennie
offered the service at no charge but in hopes I would list
with them when I decided to sell. After analyzing the
information she requested, I was given a sales range they
felt the business could support and suggestions to help me
change the things that would impact the sale favorably. I
decided to list the practice for sale in March 2004 and
feel I received excellent exposure on the Web and in key
veterinary magazines. The sale went through in December
2004 and PS Broker provided contracts to handle the sale
of the practice and the lease of the property. It went
smoothly and the buyer also remarked on how professional
and helpful Pennie and Shawn were. I was extremely
satisfied with the service I received and highly recommend
PS Broker." Sincerely, Constance Mengering, DVM,
Melbourne, Florida
"Dear Pennie & Shawn; This letter of appreciation is long
overdue but our sentiments haven't changed since the sale
of our clinic last year. Our plans from the
beginnings in 1997 was to have a 9 year plan with
willingness to go into the 10th or 11th year if necessary.
Shortly after the 8th anniversary at Village Square
Veterinary Clinic, we contacted 4 brokers. PS Broker was
selected based upon your interest in our project, your
understanding of the market, your promises to do a good
job, and your tract record. We accomplished our goal
in less than 7 months. You met ALL our expectations
and your commitment to service went far beyond our
expectations. Having been in the industry for 37
years, I realize that we veterinarians are not always the
best of friends when it comes to business deals.
Somehow, you kept both parties happy, you "manage" the
leader, you even kept the attorneys in accord (that's
saying something). Our accountant was impressed with
your performance. It was evident to us in every step of
the transaction that your firm was on top of it's game.
I am glad that we listened to you even when things you
suggested didn't make sense at the time. In the end,
you effected the sale of a one-man storefront practice for
97% of one year's gross. That always surprises my
colleagues. Once again, we will be forever indebted
to you for helping us to achieve our goals, both
professionally and personally." William Bowe, DVM &
Whitney Bowe CVT, Rutherfordton, North Carolina.
"In 2005, my two partners and I sold a practice that we
had owned together for 32 years. To accomplish this task,
we hired PS Brokers to assist us. We chose PS Brokers
because they were experienced enough to be knowledgeable
about the methods of selling veterinary hospitals, yet at
the same time just the right size company to be able to
provide us with personal service. One of my areas of
responsibility at our hospital was that of management and
finances. I personally found the working style of Shawn
and Pennie to be very thorough and complete. They were
always anticipating the next required action to complete
our goal of selling the practice. One of the big joys of
the selling of our practice was the matching of the new
doctor with our practice. My partners and I couldn’t have
asked for a better match. I was concerned for the future
of my employees after the sale. I am happy that at this
point in time, a year and a half after the sale, two
thirds of our former employees are still working at the
practice. For this I am really grateful. The matching of
the seller and buyer has really worked out great. In
closing, I would recommend PS Broker to anyone who wants
personalized services and assistance in the selling of
their veterinary practice. Both Shawn and Pennie are
great to work with and they make the transition go as
smoothly as possible. Thank you PS Broker." Dr. Hal
Gumbiner (Formerly of Pasco Animal Hospital, New Port
Richey, Florida)
I have been an attorney in South Florida for 27 years,
and I have represented several veterinarians through the
years, helping them set up, buy, sell, and operate their
practices. This past year, I represented a veterinarian
who wanted to retire and sell his long-standing practice.
To accomplish this, he retained PS Broker based in St.
Simons Island, Georgia to assist him. I was very
impressed with the knowledge and responsiveness of Pennie
Freeman and Shawn Henriksen during the marketing and then
the closing of the sale. If something needed doing or
information was required, their turnaround time was
incredible. PS Broker brought several qualified buyers
to look at the practice and, once a successful contract
was negotiated, they worked with the buyer constantly to
help him acquire financing and answer his questions
fully. Their follow-through resulted in a successful
closing and a smooth transition between the retiring vet
(my client) and the buyer. Pennie and Shawn also did
many of the things that I, as the Seller's attorney, would
normally have had to do to facilitate the closing, and
that saved my client quite a bit in legal fees, as well.
I really appreciated the work ethic and professional
attitude of the PS Broker staff--I have never received so
much prompt help from a broker involved in any type of
transaction, and I have seen many contracts fall though
over the years, because the buyer was not given the
attention and information needed to keep them interested
in the deal. Whether a veterinarian is selling a
practice or looking to purchase one, I truly believe that
PS Broker provides excellent and expert service as well as
a significant value for the commissions charged. Selling
a business is a legal minefield and can be a marketing
nightmare without professional help. PS Broker proved
to me that their staff is well qualified to provide that
professional assistance, and a Vet would be well-advised
to seek their services in buying or selling a practice."
James M. Stuckey,
Attorney at Law,
Stuart, Florida
"Dear Shawn and
Pennie, The transition with Dr. Balogh is going very well.
He and I have a lot in common in the way we relate to the
staff and clients, and that has made for a happy
transition. It's clear that he and his family are a good
fit for the practice and community. Thanks so much for
finding the right person to purchase my practice. If I can
be of any help to you in the way of a recommendation let
me know... " Tim Nelson, DVM Port St. Joe, Florida
"I have had the positive experience of working with Pennie and Shawn in
the recent past. Their firm, PS Broker, provided top-notch appraisal,
closing, and consultation services for me. Their level of expertise,
professionalism, and integrity made me comfortable during the whole sale
process. I wish all of the professionals I use had the same outstanding
qualities. I am happy to talk to anyone about how pleased I am with the service they
provide. Keep up the great job!" Michael K. Shumer, DVM, MBA Jacksonville,
Florida