Great Lakes: MI – Small Animal Practice in Central Upper Peninsula (U.P.) Area [ MI-5060 ]
Practice for sale in Central Upper Peninsula (U.P) Area
The hospital is a 1.5 full-time equivalent DVM small animal exclusive practice. The current owner is looking to retire but would work a short time to assist the buyer with the transition.
2018 Revenue = $775,628
2019 Revenue = $800,905
2020 Revenue = $691,293 (*owner took a significant amount of time off)
The practice has been serving the community for more than 20 years. There is a small amount of boarding and grooming, but there is room for expansion in this area if desired.
The hospital is well equipped with Abaxis Lab and CR x-ray. The practice uses Impromed software.
The practice is in the Central Upper Peninsula of Michigan. Its location near Lake Michigan and its Bays provide an abundance of recreational opportunities including beach activities, fishing, boating, and kayaking. The area also has downhill and cross-country skiing, hiking, biking, etc. Nearby is the Hiawatha National Forest. The local school system is good and performs above the state average in key measures of college and career readiness. There is a local two-year community college and a public university within an hour’s drive. Healthcare is available locally and there are local and national chain shopping and dining options.
The 3,000 sf facility is well maintained. There is ample parking for clients and staff.
The staff is well trained. There are 5 full-time staff and 3 part-time staff.
The practice is offered at $600,000 and includes $20,000 of inventory and supplies.
The real estate may be purchased for $165,000.
The buyer should make an income of $168,000 the first year after paying for all practice expenses 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 440-933-4522, or firstname.lastname@example.org.