Kitchener Waterloo, Cambridge, Guelph Area Veterinary Hospital - REF.#1275
$580,000 CAD
Asking price - practice: $580,000 (appraised $579,696)
REF#. : #1275
Available: 04/01/2021
Province: Ontario
Type: Veterinary Hospital
Region: Kitchener Waterloo, Cambridge, Guelph Area
SQFT: ~1,500 sq/ft
Gross Rev: ~$638,800
EBITDA: ~$237,917
Status: SOLD!
Welcome to the exclusive presentation of this well designed, long standing companion animal hospital. Expertly servicing the community for over 30 years, this hospital has a large, well-educated, loyal client base that are accustomed to OVMA fee guide prices and the highest level of client/patient care.
With strong business management systems in place, a loyal staff, and a client base that has been trained to see multiple veterinarians at any given time, this practice is very well positioned for a smooth transition to a new owner.
The external of the facility is well branded with excellent curb side appeal, multiple pylon signs, and situated in a very busy retail plaza that sees well above average traffic flow on a daily basis. Complete with an exclusivity clause and an above average current lease term remaining, the practice is secure and stable to continue on as business as usual for years to come, in a market ramped with competition.
The facility itself is well constructed, maintained and has periodically been updated over the years. Complete with 2 private exam rooms, and a bright, spacious client waiting area, the clients and patients alike enjoy a high level of comfort during their time spent at the hospital. The treatment room is large and of an open concept design, with Surgery, Radiology and the large dog/storage area branching off from this center room.
Hospital Highlights
· AVImark computer software with many brand-new computer terminals
· Written records, however prepared and capable to move to digitalized records from day one
· Limited weekend hours offered – only 2 partial Saturdays per month, plus Saturdays of long weekends closed
· Well-designed facility with the space required to grow
· Very busy retail plaza, recently renovated
· 98% of the practice clients have provided their email addresses – used for recalls, confirming appointments, follow-ups, and reporting test results
· Long term facility lease in place
· Above average owner operator cash-flow, while employing a ¼ time associate/locum
· The owner is also willing to provide a transition period should one wish.
The private and confidential viewing will be held by private appointment only.
The full appraisal is ready and will be sent to those interested parties upon request.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this unique opportunity, please contact Jon Walton.
Jon J. Walton, BSc, C.C.O.V.I
General Manager and Sales Representative
Direct: 519 829 5953