
10 Things to Know About Sweat-Equity Buyouts
For new graduates of chiropractic colleges who are saddled with thousands of dollars of student debt, it may feel impossible to build or buy a practice any time soon. Luckily there is a way to buy a practice in a matter of years, while gaining fundamental clinic experience — through the sweat-equity buyout method. Ten things to know about SEBO: A SEBO arrangement allows associates to join a practice without putting down money and earn the down payment to buy a practice down the line. It’s considered beneficial for both the buyer and the seller, who is typically a retiring chiropractor looking for a reliable exit plan. The SEBO method also allows for seamless patient transitions, as the associate and the patients will become familiar with each other over the course of the agreement. This buy-sell strategy is common among