Ann Arbor Area Vet Practice w/ 39% Profit Margin

Ann Arbor, MI
Washtenaw County

Asking Price: Annual Revenue:
$1,800,000 $956,234

Services: Pet Care & Grooming

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RE: Ann Arbor Area Vet Practice w/ 39% Profit Margin Broker: Cortney Sells

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $956,234
Net Profit: Not Disclosed
Cash Flow: $371,886
Total Debt: Not Disclosed
FF&E: $259,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 5
BBN Listing #: 364034398
Broker Reference #: ANI030

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Business Overview:

Excellent care, a large client base, and increasing sales are hallmarks of this dynamic and efficient vet clinic. Serving clients within a wide radius of the Ann Arbor/Jackson, Michigan area, this clinic has 4,200 square feet of space including 3 exam rooms, a lab, a radiology room, treatment room, surgery, isolation, break room, and pharmacy. Over $240,000 in equipment enables this clinic to handily rise above the competition. Working with only 4 staff members in addition to two veterinarians, this is a streamlined operation.

Focused on veterinary care for dogs and cats, the clinic offers general care, dental services, surgery, digital radiology, and prescriptions through their pharmacy. In addition, there is a boarding room with space for 9 dogs and 7 cats earning over $20,000 annually.

The owner of this business is currently practicing an average of 25 hours per week. The second veterinarian works an average of 22 hours per week. The owner would also like to stay on for 1-3 years after the sale, fostering confidence in the transition and aiding the new buyer in continuing high-quality services.

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Property Features and Assets:

4,200 square feet: reception, exam rooms (3), pharmacy/lab, accessible restrooms, kitchen, office (2), treatment room, surgery, radiology room, isolation, kennel room, break room. The building and land are for sale outside the sale of the business.

Market Competition and Expansion:

Increase hospital/doctor hours, add emergency services, increase radiology, increase boarding, increase marketing.

Reason for Selling:

Exit strategy

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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