Veterinary Hospital

Ionia County, MI

Veterinary Hospital
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Asking Price: Get Financing: $155,000

Cash Flow: $91,000

Gross Revenue: $141,000

EBITDA: N/A

FF&E: $40,000

Inventory: $18,000

Real Estate: $140,000*

Established: 1982

*not included in asking price.

Veterinary Hospital

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Business Description

Established in 1982, this long standing West Michigan veterinary hospital and practice operating in the greater Grand Rapids region has served this rural community for many years. Originally operated as a mixed animal practice, the Doctor elected to reduce his schedule and dropped the large animal services several years ago and has adjusted to just offering small animal services. Now operating on only a part time basis with regular office hours, this limited schedule has proven successful for clients who know they can simply "walk in" and be seen by the Doctor. Those clients with special needs or requests can still schedule an appointment, but it is the exception rather than the rule for this type of service. A buyer with a Veterinary Degree could step into this established business and expand upon not only the hours, but also other small animal services such as boarding and grooming, or get back into the treatment of larger animals. A unique opportunity to acquire an established practice with a solid history and reputation. Seller will consider all proposals for merger or acquisition.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
1,632
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A turn-key Veterinary Hospital operating from a purpose built 1,632 SF building on 1.25 acres. Building and land may be leased or purchased in addition to the business opportunity.
Competition:
The only Veterinary Hospital or Clinic in the area.
Growth & Expansion:
Currently operating only on a part time basis of 16 hours per week. Expanded hours and services would be recommended and could substantially increase revenues.
Financing:
Real estate not included, but may be leased or purchased in addition to business.
Support & Training:
Seller will train and orient in the business operations as part of the sale price.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Roger Rumble

Business Listed By:
Roger Rumble

The Stratford Associates, Inc.

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