Business For Sale

Absentee Owned Vet Practice with 2MM+ in Sales

Omaha, NE
Douglas County

Northeastern Nebraska

Asking Price: Annual Revenue:
$1,390,000 $2,458,487

Services: Pet Care & Grooming

Request More Information
Contact the Seller

RE: Absentee Owned Vet Practice with 2MM+ in Sales Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,390,000 10% Buyer Down Payment: $139,000 15% Seller Financing: $208,500 75% Bank Loan: $1,042,500 A 10% down payment of $139,000 would yield a first-year profit of $158,147 after debt payments.

Quick Facts

Asking Price: $1,390,000
Annual Revenue: $2,458,487
Net Profit: Not Disclosed
Cash Flow: $387,545
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 1986
Employees: 13
BBN Listing #: 755834398
Broker Reference #: ANI011

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Specializing in large animal, this northeastern Nebraska double location vet practice has 5 DVMs. The three current owners are looking to slowly transition out of the operation over the next 3 years, and are looking for an absentee owner to take interest in the business now. All three owners split time between the two locations, and are helped by two non-owner DVMs. While the practice has operations in two different towns, the distance between both is just a 15-minute drive.

With focus in the care of cattle, roughly 80% of services are focused on cow/calf and feedlot operations, including processing facilities. A large part of services involves dispensation of medication and antibiotics, and comprises 1/4 to 1/3 of income. The vets also assist with swine operations, equine facilities and some small animal concerns. Very little emergency services are provided, except for assistance during calving season.

Six feed yard technicians, helping with the examination and treatment of animals, assist the vets. Each location has an office manager to handle daily operations, including A/R, A/P and payroll, and run the facilities. The locations include corrals to hold animals dropped off for longer-term care.

A growth opportunity exists in increasing small animal care, which currently only comprises about 8% of income. Even without that increase, a 10% down payment of $139,000 would yield a first year’s profit of $158,147 after debt payments.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

Growth Opportunities: Additional small animal care.

Reason for Selling:

Planned retirement strategy.

Additional Details:

  • The property is leased.
  • 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:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!