Company Overview
American HealthCare Capital is pleased to exclusively present a Veterinary Hospital for sale in the Mid-Atlantic area. The Practice accepts many varieties of small Companion animal patients, including dogs, cats, birds, reptiles, rabbits, ferrets, hamsters, guinea pigs, chickens, and goats.
Established in 2005, the Practice maintains an active patient population in excess of 3,500 small animal patients, with an average patient volume of 15 visits per day. Routine veterinary services provided include diagnostic and therapy services, surgical services, anesthesia, laser therapy, radiology, cardiology, dentistry, laboratory, permanent identification chips, pharmacy, dietary counseling, behavioral counseling, and emergency care.
Financial Overview
The Practice payor mix is 100% credit cards, checks, and cash at the time of service. In 2023, the Practice generated $1,016,343 in gross revenue with a net operating income of $229,445. Based on results through August 16, 2024, the Practice is trending to $1,009,894 of gross revenue (annualized) with a net operating income of $244,272 (annualized).
At the present time, the practice is positioned for significant growth with the high and growing demand for Veterinary Services, constant waitlist for new patient appointments, recognition within the local community, and room for building expansion, all of which a new owner could build upon.
Staff Overview
The current owner Veterinarian is very interested in remaining with the practice to continue to provide Veterinary Services to the patients. Furthermore, the part-time employed Veterinarian, Practice Administrator, and all clinical and administrative staff are expected to remain with the practice following the transition to a new owner.
Asking Price
The asking price for this opportunity is $4 million, which includes the mature Veterinary Practice, the most modern and best-equipped 6,150 square foot Hospital Building (4,950 finished), and a 3-acre Property with ample room for expansion.
