IN-4010 South of Bloomington, IN Small Animal Practice

$1,200,000
Sold

Veterinary practice

3 exam rooms
$1,506,449 in annual collections

Practice for sale south of Bloomington, Indiana.

The hospital is a two doctor small animal exclusive practice. The reason for sale is retirement, but would work a short time to assist the buyer with the transition.

2017 Revenue = $1,344,142

2018 Revenue = $1,416,134

2019 Revenue = $1,506,449

The practice has been serving the community for more than 50 years. There is no boarding or grooming. The current average doctor charges per client is $102.51.

The practice is located south of Bloomington, the home of Indiana University. It is within an easy drive of both Indianapolis and Louisville. The area’s economy is broad based including natural resources, manufacturing, and health services. There are two major hospitals providing comprehensive medical services. The public schools include a high school, several junior high, elementary schools and kindergartens and a parochial school. There are vocational school options and six college/university institutions nearby. The area is home to chain and local dining as well as specialty shops, antiques shops, chain stores and a variety of entertainment options. Nearby are Brown County State Park as well as the Hoosier National Forest so outdoor activities are easily accessible. There are also city parks as well as a pool, golf course, and recreational sports.

The facilities are well maintained. There is ample parking for clients and staff. The hospital has three exam rooms, single surgery room, and a treatment area. There are three computer stations.

The staff is well trained. There are six veterinary technicians and one kennel technician. There is also an office manager that performs many of the administrative duties for the current owner.

Emergency and veterinary referral centers are available in the Indianapolis area.

The practice is offered at $1,200,000 and includes normal levels of inventory and supplies.

The real estate may be purchased for $400,000.

The buyer should make an income of $193,000 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.

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