Great Low Price, Well Below Appraised Value Coastal California! Practice Details

You can own your own practice and live and work in one of the most sought after communities on California’s central coast. 1 DVM small animal practice located in a great area surrounded by tons of recreation right next to a university community. This area is a favorite amongst Californians and tourists alike. Its just minutes to the ocean, and conveniently located near a major highway. It is located in a free standing building complex, has two exam rooms and is reasonably equipped. Revenue has been steadily over $1.1M the past couple of years. Cashflow provides sufficient coverage of the loan and should provide the buyer with approximately $250,000 a year in after debt income. Practice appraised in 2024 for $850,000. Owner wants to SELL!!! The price has just been reduced to $500,000. This will produce an estimated $275,000 in after debt income.