TN2 Claiborne County, TN Mixed Animal Practice
Veterinary
practice
Mixed Animal Veterinary Practice for Sale in East Tennessee – Norris Lake Area!
This top-notch practice currently operates as a solo, full service veterinary hospital, catering to small and large animals. Although most of the current business is from small animal services, the practice does have a haul-in area for large animals. Grossing well over $950K in 2019 (^9% year-to-date), the practice is primed for a new owner to make a comfortable living. The earnings before interest, taxes, depreciation, and amortization (EBITDA) is approximately $137,788. The practice price, not including real estate, is about 5.5 times EBITDA. A new owner can expect an after-debt income (ADI) of approximately $151,659.
The practice is located in a beautiful, free standing facility of approximately 4,000 SF, with a wide-open view from the main road. The facility has been completely renovated and remodeled. The practice has a large, paved parking lot and well-maintained landscaping. The facility is clean and organized with a spacious layout.
This area is ideal for someone who wishes to live in a charming area of Claiborne County, with all the amenities of a big city just an hour away. Claiborne County is in upper East Tennessee and is home to the area known as Cumberland Gap, where Tennessee, Virginia and Kentucky meet.