Business For Sale

4 Location Vet Practice in Michigan

Not Disclosed, MI

Multiple locations

Asking Price: Annual Revenue:
$5,900,000 $4,026,257

Services: Pet Care & Grooming

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RE: 4 Location Vet Practice in Michigan Broker: Cortney Sells

Quick Facts

Asking Price: $5,900,000
Annual Revenue: $4,026,257
Net Profit: Not Disclosed
Cash Flow: $1,046,195
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 15
BBN Listing #: 632134398
Broker Reference #: ANI028

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Business Overview:

This four-location veterinary practice in Michigan is fully staffed at each location with their own DVM’s. The owner does travel between locations, but his primary practice is the one referenced as “Location 4” on this document and the Cash Flow Analysis. They do provide full veterinary services, along with grooming and boarding at all locations. Location 4 does have obedience training as well.

Each practice is showing consistent year over year growth. There was a small decline on Location 1 in 2016 due to a full-time DVM leaving the practice. They have since replaced this position and are bringing sales back up to pace.

The physical locations are all stand-alone buildings. The current owner does own the buildings and would be willing to either rent each to a new owner or sell them under a separate transaction. There is a combined 14,400 square feet between the four buildings, which allows for plenty of space for growth under new ownership!

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Property Features and Assets:

Location 1 – 2,200 square feet; Location 2 – 3,000 square feet; Location 3 – 4,000 square feet; Location 4 – 5,200 square feet.

Market Competition and Expansion:

Growth Opportunities: Expand advertising; Add obedience training to all locations (only at one currently).

Reason for Selling:

Retirement planning.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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