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/
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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