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Practice For Sale

MI, Cheboygan County: MI6 | Cheboygan County, MI

Listing Price: Contact Seller

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Small Animal Veterinary Practice for Sale in an Area of Northern Michigan Full of Natural Beauty and Outdoor Adventure!

This practice rests on a 1-acre parcel and is easily accessible off a main highway. The 2,064 SF practice facility is free standing, on one level, and is beautifully maintained. The practice has visible signage by the road and a paved parking lot, with plenty of parking. This profitable practice has minimal competition in the area. The practice uses AVImark software and is equipped with digital X-rays, IDEXX LaserCyte, and IDEXX Catalyst.

The practice grossed just under $650K in 2019 (^5% year-to-date), and the stage is set for a new owner to continue to grow this well-established practice. The practice has great cash flow and presents an excellent opportunity for an individual doctor/entrepreneur to take over and make a comfortable living. As it stands, a new owner can expect an after-debt income (ADI) of approximately $185K. Since the owner/doctor is currently only working three and a half days per week, there is a great deal of potential for a new owner to increase revenue and grow this practice by working additional hours.

This well-established practice has all the potential to produce a successful future for a new owner. The current owner is looking forward to retiring and helping a new doctor achieve their dream of practice ownership. The practice rests in Cheboygan County, which is a wonderful area for the outdoor enthusiast looking to live and raise a family in an area full of natural beauty and activities for every season!

Code: MI6

Contact: PS Broker
800.636.4740
https://www.psbroker.com/property/cheboygan-county-michigan-veterinary-practice-for-sale-mi6/
  • Type of Practice: Veterinary
  • Practice Location: Cheboygan County, MI
  • Status: Available
  • Annual Revenue: $0.00
  • Number of Employees: 0

 

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Marketplace listings include only information provided by sellers. Wells Fargo Practice Finance is not responsible for the property attributes or accuracy of the 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.

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.