Small Animal Veterinary Hospital for Sale in Lake County, Illinois
The veterinary practice is situated about 1 hour from Downtown Chicago. This north suburb of Chicago has a robust economy that contributes significantly to the region's overall prosperity. Various sectors anchor the local economy, including retail, hospitality, healthcare, and manufacturing. The combination of a diverse economy, healthcare services, and vibrant recreational offerings makes the community a desirable location for all.
The practice has a 4.5-star Google rating and operates in a high-visibility location inside a neighborhood shopping center at a signalized intersection. The leasehold space consists of approximately 3,000 SF and offers three exam rooms. Expansion is also possible if a new owner is interested.
With the equivalent of two doctors, this veterinary hospital is highly profitable with year-over-year growth. The practice generated over $1.73 million in 2022 and is expected to wrap up 2023 with further revenue growth. With its loyal clientele, high reviews, and incredible reputation, this is a perfect time to take over a practice with a consistent upward financial trajectory.
Given the spacious facility and potential for expansion, number of exam rooms, and the demand for services, there is an opportunity for a new owner to grow this practice significantly. The practice could easily accommodate an additional full-time doctor as well!
After many years of success, the owners are ready to sell this thriving veterinary practice. The selling doctors are willing to continue working for up to 2 more years post-sale. The part-time associate may also be willing to continue working for the new owner if employment terms are agreeable.
Listing Code: IL7
(800) 636-4740
info@psbroker.com
https://go.psbroker.com/IL7
The veterinary practice is situated about 1 hour from Downtown Chicago. This north suburb of Chicago has a robust economy that contributes significantly to the region's overall prosperity. Various sectors anchor the local economy, including retail, hospitality, healthcare, and manufacturing. The combination of a diverse economy, healthcare services, and vibrant recreational offerings makes the community a desirable location for all.
The practice has a 4.5-star Google rating and operates in a high-visibility location inside a neighborhood shopping center at a signalized intersection. The leasehold space consists of approximately 3,000 SF and offers three exam rooms. Expansion is also possible if a new owner is interested.
With the equivalent of two doctors, this veterinary hospital is highly profitable with year-over-year growth. The practice generated over $1.73 million in 2022 and is expected to wrap up 2023 with further revenue growth. With its loyal clientele, high reviews, and incredible reputation, this is a perfect time to take over a practice with a consistent upward financial trajectory.
Given the spacious facility and potential for expansion, number of exam rooms, and the demand for services, there is an opportunity for a new owner to grow this practice significantly. The practice could easily accommodate an additional full-time doctor as well!
After many years of success, the owners are ready to sell this thriving veterinary practice. The selling doctors are willing to continue working for up to 2 more years post-sale. The part-time associate may also be willing to continue working for the new owner if employment terms are agreeable.
Listing Code: IL7
(800) 636-4740
info@psbroker.com
https://go.psbroker.com/IL7
- Type of Practice: VETERINARY
- Practice Location: Lake County, IL
- Status: Available
- Square Footage: 3,000
- Annual Revenue: $1,675,557.00
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