MI-3060 Upper Peninsula, Near Marquette Small Animal Practice

$410,000

Unlisted

Marquette, MI

Veterinary practice

$657,416 in annual collections

Listed by TPSG - Great Lakes

The hospital is a 1.25 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.

2017 Revenue = $581,988

2018 Revenue = $624,049

2019 Revenue = $657, 416

The hospital is well equipped with CO2 surgical laser, therapy laser, digital x-ray, ultrasound, Idexx lab (Catalyst Dx, SNAPShot, SediVue Dx, ProCyte), and much more.

The practice is in the Upper Peninsula of Michigan. Its location near Lake Superior provides an abundance of recreational opportunities including beach activities, fishing, boating, and kayaking, as well as access to nearby islands and an underwater preserve. The area also has downhill and cross-country skiing, hiking, biking, etc. There is a strong sense of community. The school systems are good and there are higher education options. Along with area shopping, there are good hospitals and medical care, including the only Level 2 Trauma center in the Upper Peninsula.

The facilities are well maintained. There is ample parking for clients and staff.

The staff is well trained. There are 2 certified veterinary technicians and an office manager that many of the administrative duties for the current owner.

The practice is offered at $410,000 and includes $65,000 of inventory and supplies.

The buyer should make an income of $125,000 the first year after paying for all practice expenses, a part-time associate and the mortgage.

Financing is available to a qualified buyer from several lenders. Buyer needs no money down.

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