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Saline County, NE Businesses For Sale

1 Saline County, NE Businesses For Sale Found.

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Large and Small Animal Vet Practice
$505,000 Cash Flow: $135,393 Seller Financing
Large and Small Animal Vet Practice

Saline County, NE

Financial Overview List Price: $505,000 Gross Sales 2015: $631,977 Owner Profit/Cash Flow 2015: $135,393 YOY Growth: Sales growth of 28% from 2012 to 2014 Profit Margin: Consistently above 21% from 2012-2015 Multiple: 3.75 *Multiples range from 1-5, with the average being 3 Valuation: Industry Standard of 80% of 2015 Gross Sales $631,977 x 80% = $505,581 Description Caring for animals of all sizes for 40 years in South Central Nebraska, this established veterinary clinic, largest in town, offers in-clinic as well as on site services for both production and large animals, as well as companion and small animals. The practice does 50% Production and Large Animal Companion and 50% Small Animals. Striving to practice at a high level through evidence based medicine, the clinic provides quality care for pets, livestock and horses. Total services offered include, preventative wellness exams, surgeries, grooming, herd heath programs, pregnancy diagnosis and advanced reproductive services. Included with the business is over $178,000 in lab and surgery equipment. Current staff consists of two non-owner DVM’s, 1 vet tech and 1 vet assistant. The practice space can be leased for $2,000 per month – equipped with over 3 acres. Annual sales for 2015 were $631,977. An incoming buyer with no money down would realize a 1st year net operating income of $45,036 after business expenses and loan payments. Assets Included in Purchase: $208,702 Equipment: $178,880 Intangibles: Patient list (all digital), developed website presence and 40 year community history Inventory: $29,822 Accounts Receivable: $24,423 *amounts may vary Business Information Year Established: 1975 Location and Service Area: Saline County, NE [Largest Practice in town] Demographics: 50% Production and Large Animals Companion and 50% Small Animals Lease: Lease for $2,000 per month – equipped with over 3 acres Services Offered: Haul-in Practice, AI, Embryo Flushing, surgery, regular care and grooming for household pets Reason for Selling: Retirement Employees: 2 Non-Owner DVMs, 1 Vet Tech, 1 Vet Assistant Hours: M-F 7:30 a.m. – 5:30 p.m. Sat 8:00 a.m. – Noon; some large animal emergency services available Seller Training Period: 90 Days Current Owner’s Responsibilities: Management; No clinical responsibilities Funding Example Purchase Price: $505,000 0% Buyer Down Payment: $0 15% Seller Financing: $75,750 85% Bank Loan: $429,250 Net operating income in the first year after debt service equates to $45,036