MANHATTAN, Kansas
| Asking Price |
$690,000 |
Year Established |
1996 |
|
| Annual Revenue |
$1,236,404 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$263,079 |
Listing Number |
1013587 |
|
| # of Employees |
7 |
Business Category |
Retail: Pet Stores & Services |
|
Business Overview:
With more than four decades of operating history, this well established veterinary practice has built a loyal and diverse client base throughout Fort Riley and the neighboring communities of Chapman, Milford, Wakefield, Manhattan, and Abilene, Kansas. Ideally situated just outside Manhattan, the practice offers a comprehensive range of veterinary services, generating approximately 60% of revenue from medical and preventative care, 30% from surgical procedures, and 10% from emergency services. Services include routine wellness visits, vaccinations, diagnostics, treatment plans, emergency care, and a variety of surgical procedures. The practice operates from a 1,600-square-foot facility featuring two examination rooms, along with a dedicated 200-square-foot consultation room designed specifically for end-of-life and euthanasia services. Daily operations are supported by a skilled team of seven full-time employees, including a licensed veterinarian, two veterinary technicians, and three veterinary assistants who help ensure efficient patient care and smooth clinic operations. The current owner remains actively involved as a practicing veterinarian alongside the other vet on staff and has elected to pursue retirement. To facilitate a seamless ownership transition, the seller is willing to provide 2–3 years of post-sale support and is offering a 15% seller note, demonstrating confidence in the continued success and stability of the practice. Priced at $690,000, this acquisition presents several avenues for growth, including increasing awareness of emergency care capabilities, implementing recurring pet wellness programs, and expanding marketing efforts to further strengthen market penetration and client retention.
Property Features and Assets:
Market Competition and Expansion:
<p>Highlight emergency services, incorporate a pet wellness package for clients, expand on the current marketing strategy<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity