Versatile Alberta Veterinary Clinic - $5MM in Sale

Not Disclosed, Alberta

Alberta, Canada

Asking Price: Annual Revenue:
$5,560,000 $5,161,313

Services: Pet Care & Grooming

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RE: Versatile Alberta Veterinary Clinic - $5MM in Sale Broker: Cortney Sells

Quick Facts

Asking Price: $5,560,000
Annual Revenue: $5,161,313
Net Profit: Not Disclosed
Cash Flow: $926,809
Total Debt: Not Disclosed
FF&E: $780,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 21
BBN Listing #: 999334398
Broker Reference #: ANI033

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Business Overview:

Working on the cutting edge of the veterinary field, this innovative and versatile clinic earned over $5,000,000 in revenue in 2018. This team cares for both large (2/3) and small (1/3) animals brought to them by a diversified client base that includes pet owners to large-scale dairy operations. The state-of-the-art facility is truly designed to meet the needs of the practice and the owners have invested over $500,000 in technology and equipment. An overview of services includes general care, surgery, reproductive care, production management, lab services, dental care, and a full pharmacy. The owners are planning to remain a part of the highly-skilled team, maintaining institutional knowledge and service continuity.

The beautiful facility has ample square footage that includes a large prep area, two surgical suites, radiology suite, indoor animal housing, and several exam rooms. The space was also designed with a generous reception and retail area, private offices, pharmacy, as well as runs and kennels. A team of seven veterinarians work at the clinic and on-site services are provided within an 80km/50mi radius of the business.

Main revenue streams include large animal pharmaceuticals and vaccinations, small animal retail, and equine vaccinations. The number of small animal clients continues to grow, and equine services are also trending upward. There is plenty of room within the facility to increase business without renovation.

The owners are all currently practicing veterinarians who work full-time at the clinic. They will all remain on staff, contributing to the continued success of this business.

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Property Features and Assets:

Equipment: $500,000+: Cutting edge technology, two full surgical suites, in-house lab, digital x-ray Inventory: $280,000: Medical and operational supplies, pharmacy, retail Average A/R: $300,000 *amounts may vary Intangible Assets: Shining reputation, excellent social media reviews, innovative approach, experienced staff, institutional knowledge will remain intact

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.

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