Established Veterinary Clinic North the Twin Ci...

St. Paul-Minneapolis-Twin Cities, MN


Asking Price: Annual Revenue:
$500,000 $761,225

Retail: Pet Stores & Services


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RE: Established Veterinary Clinic North the Twin Ci... Broker: Mike Slater
Owner Financing is Available!

Quick Facts

Asking Price: $500,000
Annual Revenue: $761,225
Net Profit: Not Disclosed
Cash Flow: $203,019
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1984
Employees: 7
BBN Listing #: 551547804
Broker Reference #: MINNEMN003-N2029

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Business Overview:

Located just north the Twin Cities metro area, this well-equipped, turnkey Small Animal Veterinary clinic has a surgical/lab room and is in a highly visible, well-trafficked location. This clinic offers emergency, urgent care, and preventative care. The stand-alone building has 4,800 sq. ft. of space that contains 2 exam rooms, 2 kennel rooms, a surgical/radiology room, lab, and 2 offices. The clinic has a computer network in place that runs ImproMed Veterinary Software practice management software and is outfitted with specialty equipment including radiology and lab equipment. In the past 12 months, the practice treated over 8,000 patients (approx. 95% were small animals). Revenues in 2019 were $761k and the Owner’s Cash Flow was $203k. The sale price of $500k includes all equipment, inventory, and supplies. The building is available separately for sale at $325,000 (never pay rent again!). The ideal buyer is either an existing Vet practice looking to expand or a Veterinarian looking to finally own their own practice.

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Reason for Selling:

Retirement

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.

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