Business For Sale

Turn-Key Animal Hospital with Boarding

Not Disclosed, TX

Adjacent to freeway and shopping


Asking Price: Annual Revenue:
$1,405,000 $1,484,410

Services: Pet Care & Grooming


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RE: Turn-Key Animal Hospital with Boarding Broker: Cortney Sells

Quick Facts

Asking Price: $1,405,000
Annual Revenue: $1,484,410
Net Profit: Not Disclosed
Cash Flow: $275,821
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 11
BBN Listing #: 800934398
Broker Reference #: ANI017

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Business Overview:

This turn-key Animal Hospital with boarding is for sale and an excellent opportunity for a DVM or multiple-practice owner to add another successful business to their portfolio.

Two non-owner DVMs are in place to provide services for small animals. The hospital also employs 1 technician manager, 1 kennel manager, 2 veterinary technicians, 4 veterinary receptionists, and 1 groomer. In addition to fee-for-service income from veterinary procedures, this clinic offers climate-controlled boarding of pets.

The clinic’s certification with the American Animal Hospital Association has been in place for over five years and assures that the clinic meets the strict and rigorous standards of the organization.

To make the business highly attractive for an incoming buyer, the owner has taken care to ensure that processes and procedures are well-documented so staff can operate smoothly without the owner present.

The facility itself is large at 3,300 square feet and was designed with care to specifically cater to veterinary clients and staff. Located near major shopping centers and interstate freeways, this business attracts clients from a 90-mile radius. A majority of clients (75%) come from the immediate area.

Financial Overview
List Price: $1,410,000
Gross Sales
2017: $1,484,410
2016: $1,597,482
Owner Profit/Cash Flow
2017: $282,051
2016: $238,289
Profit Margin: 19%
Multiple: 5 *Multiples range from 1-5, with the average being 3
Valuation: 2017 Cash Flow x Multiple = Price
$282,051 x 5 = $1,410,255

Assets
Intangible Assets: Website with online appointment setting, well-maintained social media pages, membership in American Animal Hospital Association.
Inventory: Will be available at time of sale

*amounts may vary

Business Information
Years in Business: 18
Location: Texas
Building: Beautiful 3,300 square feet facility
Reason for Selling: Owner operates multiple businesses
Employees: 2 Non-Owner DVMs, 1 Technician Manager, 1 Kennel Manager, 2 Vet Techs, 4 Receptionists, 1 Groomer
Hours: Business Hours Monday - Friday + Saturday AM
Seller Training Period: Negotiable
Current Owner’s Responsibilities: High-level oversight of staff and financials (inventory receiving, deposits)

Funding Example
Purchase Price: $1,410,000
5% Buyer Down Payment: $70,500
10% Seller Financing: $141,000
85% Bank Loan: $1,198,500

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Property Features and Assets:

Beautiful 3,300 square feet facility. *Please contact us to sign a non-disclosure agreement to learn more about the exact location.

Reason for Selling:

Owner operates multiple businesses.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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