Pickering Veterinary Hospital - REF.#1143
Asking and appraised price - practice: $232,271
Asking price - real estate for continued use: $660,000
Appraised price - real estate - best use: $940,000
REF#. : #1143
Type: Veterinary Hospital
SQFT: ~2,000 sq/ft practice, ~2,000 sq/ft house
Gross Rev: $424,159
Welcome to the exclusive presentation of this stand-alone, extremely well established, companion veterinary hospital. This is an excellent opportunity to purchase a practice with a large client base that is currently being under-utilized, as well as the Real Estate the practice is located in. No more Landlord pressure, build personal equity, and step directly into a great career with certain growth, simply by performing general services that are currently being referred out.
The practice boasts a well trained staff in all positions, allowing the current owners to work at a relaxed pace, focusing majority of their attention to veterinary medicine, and very little to the business management. Through the implementation of basic business management principles, a new owner will immediately experience an increased retained owner cash flow.
The facility is well constructed and maintained, complete with 2 exam rooms, a spacious surgical suite, treatment room, Radiology room, grooming, as well as multiple cage rooms and storage areas. The property consists of a stand-alone building, which is fully divided into a practice, and a full 3 bedroom home. Should one not wish to live in the house portion of the building, it can be rented out to subsidize the Real Estate mortgage payments, as well as provides great potential for future practice expansion should more space be required.
This practice has an extremely loyal client base and stable gross revenue based on the hours and services the owners are choosing to provide. The only thing holding this practice back from growth are the hours the owners have chosen to put in, and the general services they are choosing to refer out.
This is a fantastic opportunity to purchase a full practice and Real Estate at a total price that the general public would be paying solely for the Real Estate.
The initial private and confidential showings will begin on Sunday, May 6th, 2018.
The full appraisal is ready and will be sent to those interested parties 2 weeks before the date of the open.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this unique opportunity, please contact Jon Walton.