GREAT LAKES: OH – SOUTHEASTERN CLEVELAND SUBURBS, GROSSING >$800K [ OH-6060 ]

$490,000
Sold

Veterinary practice

$810,000 in annual collections

The hospital is a solo doctor small animal exclusive practice. The current owner plans to move on to other ventures but will work a short time to assist the buyer with the transition

2018 Revenue = $667,034
2019 Revenue = $724,205
2020 Revenue = $806,819
The practice has been serving the community for more than 40 years. There is no boarding or grooming.

The hospital is well equipped with Idexx Vet Test 8008, Iso anesthesia, high speed Dentalaire dental unit and much more. There are three computer stations.

The practice is located southeast of Cleveland. The location provides easy access to a variety of recreation opportunities including parks, lakes, walking trails, forests, nature preserves, and skiing. Nearby is the Cuyahoga Valley National Park. 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 local practice area has been listed on “Best Places” multiple times and is well rated for safety, schools, economy, and families. The local town center provides easy access to shopping and dining.

The facilities are well maintained. There is ample parking for clients and staff. The hospital has two pass through exam rooms, a nice doctor’s office, two indoor runs and an excellent treatment area with wet lab table.

The staff is well trained. There is one full time and two part time receptionists, two registered veterinary technician, one technician and three assistants.

Emergency and veterinary referral centers are available nearby.

The practice is offered at $490,000 and includes $40,000 of inventory and supplies.

The buyer should make an income of $145,000 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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