CINCINNATI, Ohio
| Asking Price |
$670,000 |
Year Established |
2001 |
|
| Annual Revenue |
$688,941 |
Reason for Selling |
Divestment |
|
| Annual P/L |
|
Attention |
|
|
| Annual Cash Flow |
$145,893 |
Listing Number |
663980 |
|
| # of Employees |
9 |
Business Category |
Services: Pet Care & Grooming |
|
Business Overview:
This reputable veterinary clinic located in Cincinnati, Ohio has a focus on providing high-quality care for household pets. Established in 2001, they offer a wide range of veterinary services to cater to the needs of the 3,000 active clients within their roster. Their services include routine check-ups, vaccinations, dental care, surgical procedures, emergency care, and more. The clinic is equipped with state-of-the-art facilities and employs a team of experienced veterinarians and support staff who are dedicated to ensuring the wellbeing of pets. The team consists of 1 associate Veterinarian, 3 Receptionists, 3 Veterinary Assistants, and 2 Licensed Vet Techs. While veterinary services can be expensive, they offer various payment options and work with pet insurance providers to help alleviate financial burdens for their clients.
The availability of on-site laboratory testing and diagnostic imaging equipment enables prompt and accurate diagnoses, leading to more efficient treatment plans. Their current marketing strategy includes participating in community events and initiatives related to pet welfare. They collaborate with local animal shelters, rescue organizations, and educational institutions to promote responsible pet ownership and provide veterinary care to animals in need.
Priced at $670,000, this business is a highly regarded veterinary clinic in Cincinnati, Ohio, known for its comprehensive services, customer satisfaction, competitive pricing, modern facilities, and community involvement. With a team of skilled professionals who prioritize the health and well-being of pets, the clinic has established itself as a trusted destination for pet owners seeking top-notch veterinary care.
A 10% down payment of $67,000 will return $49,246 in the first year after debt payments, leading to a 73% return on investment.
Property Features and Assets:
Equipment: $404,224 including Veterinary software, imaging equipment, animal cages, medicine cabinets, computers, refrigerator and freezer.
Intangible Assets: Thoughtful service focused on care, experienced staff, many years in business.
Market Competition and Expansion:
Expand client base via advertising, increase home visits, expand hours, add a vet to increase capacity, provide urgent care services, include holistic services.
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