Vet Hospital Animal Clinic TBH546

Not Disclosed, NC

North Central NC


Asking Price: Annual Revenue:
$395,000 $772,092

Services: Pet Care & Grooming


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RE: Vet Hospital Animal Clinic TBH546 Broker: Jeff Merry
License #: 242824

Quick Facts

Asking Price: $395,000
Annual Revenue: $772,092
Net Profit: Not Disclosed
Cash Flow: $87,220
Total Debt: Not Disclosed
FF&E: $161,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 9
BBN Listing #: 592128642
Broker Reference #: TBH546

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Business Overview:

This one doctor practice has produced $900,000 in revenues operating only five days per week and could easily handle another doctor because the work is there! If not for the pandemic revenues would have reached $1.0MM in 2020. Founded in 1994, the companion animal practice (5% exotics) provides Preventive Health Care including Wellness Pet Exams, Vaccines, Laser Therapy, Orthopedics, Dentistry, Bloodwork, Critical Care, Pain Management, Ultrasound, Digital Radiography, Microchipping, Boarding, Daycare and more.
• 95% of Revenues are Repeat Clientele
• The hospital is a one-doctor practice. Additional staff members include a Practice Manager, three Vet Assistants, two Receptionists, and three Kennel Assistants
• Onsite Pharmacy, Lab, and Dental Lab
• After hour emergency care are referred to a local emergency clinic
• Great Facility included in the purchase at fair market value
• Increase revenues by adding more clinic hours, adding grooming to services
Located in North-central NC, hours of operation are Monday 7AM to 8PM, Tuesday, Wednesday and, Thursday 7AM to 6 PM, Friday 7AM to 12:30PM, closed Saturday and Sunday.

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Property Features and Assets:

The practice is located on 0.7 acres and has excellent signage, high visibility, and ample parking. The business operates from a well-appointed approximately 3,200 square foot medical and kennel facility with 4 spacious exam rooms, as well as 1 surgical suite. The practice can accommodate boarding 42 animals through 15 indoor runs, 20 canine cages with a separate area for cats with 10 cages. The practice also has 10 outdoor exercise runs and play area. The real estate is available for purchase at fair market value.

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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