Home  Marketplace  Practice Listing Details

Practice for sale

TN5: Practice in Leasehold | Shelby County, TN

Listing Price: Contact Seller

TN5: Practice in Leasehold Feature TN5: Practice in Leasehold Thumbnail1
Predominantly Small Animal Hospital for Sale in Shelby County, Tennessee

This successful practice is situated in a booming town with rich history and a thriving economy. The area has experienced significant growth in recent years, attracting residents with its blend of small-town charm and modern amenities. The town is known for its picturesque downtown area, which features historic architecture, boutiques, and a variety of dining options.

The diverse economy has benefited from its strategic location as a suburb of Memphis. The proximity to major transportation hubs and the presence of various industries contribute to a robust job market. A well-educated workforce and a supportive business environment further bolster the town's economic stability. The town also has numerous parks, green spaces, and sports facilities, and its commitment to education is reflected in the top-rated schools.

The practice operates in a high-visibility location on a main thoroughfare. The leasehold space housing the practice consists of approximately 3,000 SF and offers three exam rooms.

This veterinary hospital is highly profitable with year-over-year growth as a solo practice. The practice generated nearly $1.2 million last year and is expected to wrap up this year with another jump in gross revenue. Given the spacious facility, number of exam rooms, and demand for services, there is an opportunity for a new owner to grow this practice significantly. The practice can easily accommodate additional doctors.

The current owner has been in practice for over 40 years and is ready to slow down and sell this thriving business. Their goal would be to continue working for the new owner in a part-time capacity, 25-30 hours per week, for a very negotiable transition period of up to 3 years.

Listing Code: TN5

(800) 636-4740
info@psbroker.com
https://go.psbroker.com/TN5
  • Type of Practice: VETERINARY
  • Practice Location: Shelby County, TN
  • Status: Available
  • Square Footage: 3,000
  • Annual Revenue: $1,198,553.00

 

Contact Seller

All fields are required.

Share Listing

All fields are required.

Marketplace listings include only information provided by sellers. Wells Fargo Practice Finance is not responsible for the property attributes or accuracy of the information. Wells Fargo Practice Finance reserves the right to refuse the publishing of any ad submitted.

All financing is subject to credit approval.

All financing is subject to credit approval.

All financing is subject to credit approval.

Equal Housing Lender NMLSR 399801

Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.

All financing is subject to credit approval.

*Practice Management Group and Milestone programs and support are typically available for Wells Fargo Practice Finance division clients only with the minimum financing amount of $300,000. Wells Fargo Practice Finance disclaims all warranties, express or implied, in connection with the Practice Management Group and Milestone programs. Contact your own legal, tax, or financial advisors regarding your specific business needs. Terms and conditions apply. Please speak with a Practice Finance Specialist for more information.

All financing is subject to credit approval.

All financing is subject to credit approval.

All financing is subject to credit approval.

All financing is subject to credit approval.

All financing is subject to credit approval.

All financing is subject to credit approval.