Great Lakes: IN – Kokomo-South Bend Corridor Small Animal Practice [ IN-690 ]
Indiana Under Contract
Practice for sale in the Kokomo-South Bend Corridor.
The hospital is a two doctor small animal exclusive practice. The current owner is looking to retire, but would work a short time to assist the buyer with the transition.
2016 Revenue = $969,320
2017 Revenue = $1,033,533
2018 Revenue = $1,048,182
The practice has been serving the community for more than 20 years. There is some boarding or grooming. The current average invoice is $100.77. The practice averages 44.6 new clients per month.
The hospital is well equipped with Abaxis Vet Scan2, Iso anesthesia, high speed dental, therapeutic laser, two floor scales, CR digital x-ray through Antech, and much more. The practice uses Cornerstone software.
The practice is located in a small town community with the amenities of a bigger city. The downtown district and seven other local places are on the National Register of Historic Places. The public school system is strong. A lake nearby is popular for boating and other water-related activities but there are other recreation amenities such as a golf course, parks and trails.
The facilities are well maintained. There is ample parking for clients and staff. The hospital has two exam rooms, nice doctor’s office, an office for the office manager, an employee break room, an isolation ward, five indoor runs, and six outdoor runs.
The real estate includes almost three acres.
The staff is well trained. There are two full time registered veterinary technicians, two full time receptionists and a full time office manager along with other part time staff.
The practice is offered at $700,000 and includes $45,000 of inventory and supplies.
The real estate may be purchased for $375,000.
The buyer should make an income of $127,000 the first year after paying for all practice expenses, $90,000 for associate doctor, and the mortgage.
Financing is available to a qualified buyer from several lenders. Buyer needs no money down.
A confidential agreement is needed for more information.
Contact Dr. Kurt Liljeberg of Total Practice Solutions Group at 800-380-6872, or email@example.com.