Great Lakes: MN – S.A. Px Grossing >$1.4M Southwest of Minneapolis in Hennepin County [ MN-5050 ]
Minnesota Under Contract
Practice for sale southwest of Minneapolis in Hennepin County.
The hospital is a 2.5 FTE 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 = $1,246,338
2019 Revenue = $1,279,079
2020 Revenue = $1,483,680
The practice has been serving the community for more than 35 years. There is no boarding or grooming. The current average doctor invoice is $223.85. The practice averages 34.5 new clients per month.
The hospital is well equipped with 300Ma x-ray, digital dental, ultrasound, CR X-ray and much more.
The practice is in Hennepin County. Hennepin county is one of the seven counties that make up the metropolitan area of Minneapolis and St. Paul. Minneapolis is home to much outdoor recreation due to its four seasons, local lakes and parks, and the Mississippi River. Minneapolis also has a thriving sports scene with six major professional teams – Vikings (football), Twins (baseball), Wild (hockey), Timberwolves (basketball), Lynx (women’s basketball), and United (soccer). The University of Minnesota provides collage level sports excitement. The general Twin Cities area is home to many recognizable companies such as UnitedHealth Group, Target, Best Buy, and Car-gill. The area has the second largest economy in the Midwest behind Chicago. The area’s shopping, access to healthcare, strong schools and affordable housing are some of the reasons it has been recognized several times as a “Best Place to Live” in various publications.
The 1,700 sf facility is well maintained. There is ample parking for clients and staff. The hospital has 3 pass through exam rooms, nice doctor’s office, 3 indoor runs, and an excellent treatment area with wet lab table.
The staff is well trained. There is an associate DVM, a receptionist, two certified veterinary technicians, four veterinary technicians, and a veterinary assistant.
Emergency and veterinary referral centers are available nearby.
The practice is offered at $1,600,000 and includes $40,000 of inventory and supplies.
The real estate may be purchased for $340,000.
The buyer should make an income of over $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@example.com.