Sundridge ON Veterinary Hospital & Real Estate - REF.#1227
$490,000 CAD
Asking price - practice: $490,000 (appraised at ~$600,000)
Asking price - real estate: $309,900
REF#. : #1227
Available: 28/03/2019
Province: Ontario
Type: Veterinary Hospital & Real Estate
Region: Sundridge ON
SQFT: 1,300 x 2 sq/ft - Stand alone 2 story building
Gross Rev: $575,000 (Last normal year $706,478)
EBITDA: $365,970 (Last normal year $469,884)
Status: SOLD
Welcome to the exclusive presentation of this long standing, consistently growing, stand-alone veterinary hospital and real estate. Loyally servicing the community for generations, this is a strong opportunity to own not only a thriving veterinary hospital, but the real estate as well. Be your own landlord, build personal equity, and step directly into a thriving career with a well above average cash-flow.
This opportunity provides a well above average cash flow to an owner/operator, even while servicing your debt to the bank for both the practice and the Real Estate. The Real Estate lot size is 86.28 x 327 ft. The real estate is well located within Sundridge and consists of a stand-alone two-story building. On the ground level is the veterinary practice, and on the second level is a recently renovated two bedroom and office apartment that is in ready to move in condition. The building has high visibility with multiple parking spots, has plenty of natural light, and has Natural Gas forced air heat and central air. There is also a two-car parking stainless steel garage structure on the cement patio to the side of the building.
This hospital has an extremely loyal client base and has shown an above average ability to achieve year over year growth with a relaxed doctor schedule. Continued growth in this hospital is very achievable.
Hospital Highlights
· Digitalized Hospital – AVImark software, digital radiology, in house lab equipment
· Real Estate available for purchase – stand-alone structure with apartment above
· Relaxed doctor schedule with excellent gross revenue and very strong cash flow
· Loyal client base
· No Weekend or evening hours (Monday to Friday – 10am to 4pm ONLY)
· No after hours or on call being offered
Private and confidential appointments to visit the practice will be held on a first come first serve basis due to the sale situation.
The full appraisal will be completed shortly and will be sent to those interested parties.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this opportunity, please contact Jon Walton.
Jon J. Walton, BSc, C.C.O.V.I
General Manager and Sales Representative
Direct: 519 829 5953