OH-3070 Southeast Cleveland Area, OH Small Animal Practice

Practice for sale in the southeast Cleveland area, near ski resorts.

The hospital is a small animal exclusive practice. The current owner works approximately 3.5 days/week. The owner is planning to retire but would work a short time to assist the buyer with the transition.

2017 Revenue = $775,162

2018 Revenue = $792,535

2019 Revenue = $737,875

The practice has been serving the community for 50 years and has been under current ownership for more than 25 years. There is approximately 13% boarding or grooming. The current average sales per patient is $110. The practice averages 12-15 new clients per month.

The hospital is equipped with CR digital x-ray and uses Intravet software.

The practice is located southeast of Cleveland, near local ski resorts. The location provides easy access to a variety of recreation opportunities including parks, lakes, walking trails, forests, nature preserves, and most notably skiing. Nearby is the Cuyahoga Valley National Park as well. The public schools are very good as compared to the rest of the state and nationally and the private schools also receive top rankings. There is easy access to a Cleveland which is home to many museums, Lake Erie sports and recreation, the Cleveland Orchestra, University Circle, three professional sports teams – Indians (baseball), Browns (football) and Cavaliers (basketball), as well as world class health care with the Cleveland Clinic and University Hospitals.

The facilities are well maintained. There is parking for clients and staff. The hospital has 2 exam rooms, doctor’s office, 20+ indoor runs, treatment area and an outside walking area. Roof was replaced seven years ago.

The staff is well trained. There are three receptionists, one assistant, one kennel staff and an experienced registered veterinary 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 nearby (within a 20-25 minute drive).

The practice is offered at $450,000 and includes $20,000 of inventory and supplies. The real estate may be purchased for $402,000.

The buyer should make an income of $160,000 the first year after paying for all practice expenses, a part time doctor, and the mortgage.

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