Great Lakes: OH – Small Animal Practice in Cincinnati [ OH-7080 ]
Practice for sale northeast of downtown Cincinnati.
The hospital is a solo 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.
2018 Revenue = $534,501
2019 Revenue = $585,241
2020 Revenue = $719,191
2021 Revenue = on track for approximately $800,000
The practice has been serving the community for more than 30 years. There is no boarding or grooming.
The practice is in Cincinnati – the third largest city in Ohio. There are many opportunities for outdoor activities in Cincinnati as well as nearby northern Kentucky and southern Indiana. In 2020, Cincinnati ranked 5th on the Trust for Public Land best US park systems. Opportunities include hiking, biking, fishing, boating, canoeing, kayaking, swimming, and camping. There are a variety of options for schools, including many highly-rated public schools. Higher education options include the University of Cincinnati, Xavier University, and Miami University, as well as technical and community colleges. Access to hospitals and medical care is also very good, including the University of Cincinnati Medical Center, Cincinnati Children’s Hospital, and the local community hospitals and health centers. Cincinnati offers professional and collegiate sports, an international airport, world-class higher education opportunities, as well as arts and entertainment. In terms of industry, Cincinnati is the headquarters for many well-known companies including Kroger, Proctor & Gamble, Fifth Third Bancorp, and Macy’s.
The facilities are well maintained. There is ample parking for clients and staff. The hospital has two exam rooms. Expansion is easily possible because the practice occupies only 1,200 sf of the 2,500 sf building.
The staff is well trained. There are four veterinary assistants – two of the veterinary assistants also act as receptionists.
Emergency and veterinary referral centers are available nearby.
The practice is offered at $385,000 and includes $20,000 of inventory and supplies.
The real estate may be purchased for $175,000.
The buyer should make an income of $250,000 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 [email protected]
Contact us for more information about this listing
Kurt Liljeberg, DVM
33166 Lake Road
Avon Lake, OH 44012