MI- 7070 Small Animal Practice in Central Michigan

Price available upon request

Veterinary practice

1500 sq. ft.
$1,200,000 in annual collections

The hospital is a two-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.

2018 Revenue = $1,014,468

2019 Revenue = $1,158,901

2020 Revenue = $1,217,065

The practice has been serving the community for more than 40 years. There is no boarding or grooming.

The area is surrounded by lakes, rivers, and forests which gives rise to a variety of recreation activities. The community’s schools perform above the state average in graduation rates, post-secondary enrollment, and attendance. Higher education opportunities are easily accessible through the local university and community college as well as several other colleges/universities within a reasonable driving distance. There are both chain retail and dining outlets and local specialty options. Medical care is also easily accessible via two well-known and award-winning health and hospital centers.

The facilities are well maintained. There is ample parking for clients and staff. The hospital has four exam rooms, nice doctor’s office, and an excellent treatment area with wet lab table. The hospital is 4,500 sf with an additional 1,500 sf upstairs.

The staff is well trained.

Emergency services are available approximately one hour away and veterinary referral centers are approximately two hours away.

The practice is offered at $650,000 and includes $95,000 of inventory and supplies.

The buyer should make an income of $140,000 the first year after paying for all practice expenses, a full-time associate, and the mortgage.

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