Beautiful Deeply Rooted CA Foothill Veterinary Practice

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Profitable Clinic near Sacramento on High Traffic Road
Asking Price:
$990,000

Gross Revenue:
$1,054,203
Cash Flow:
$333,628
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$45,000
included in asking price

FF&E:
$150,000
included in asking price

Real Estate:
$650,000
not included in asking price

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Business Description

Grossing over $1 million this multi-vet 45+ year old clinic has grown over 400% during the approximately 30 years that the current doctor has owned it. The practice generates a healthy cash flow even though the current owner/doctor does not work five days a week. This is a beautiful country veterinary practice near a major foothill town. The practice includes the latest digital X-Ray, current computer hardware and modern practice management software. It also comes with the ability to buy and build equity in the real estate.

About the Business

Location:
California
Year Established:
1975
Number of Employees:
7
Real Estate:
Owned
Building Sq. Ft.:
2,700
Facilities:
Digital X-Ray, modern practice management software, current computers and hardware, multiple buildings, lots of trees.
Market Outlook/
Competition:
This is in a growing foothill market that is within commuting distance of Sacramento. Beneficial both because its a healthy market, but also so the spouse of the owner can work in Sacramento if desired.
Growth & Expansion:
The practice has grown 400% under current ownership with almost no marketing and advertising. There are ample opportunities to add more veterinarians, more service, more hours (it is only 9-5 M-F and Sat mornings).
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About the Sale

Reason For Selling:
Health and retirement
Training/Support:
The doctor / owner will remain in part time position for an extended period to help with the transition.

Listing Info

ID:
1458856
Ad Detail Views:
638

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Business Listed by
Rob

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