Southwestern Ontario Veterinary Hospital & Real Estate - REF.#1245
Appraised price - practice: $1,521,146
Asking and appraised price - real estate: $550,000
REF#. : #1245
Type: Veterinary Hospital
Region: Southwestern Ontario
SQFT: 1,300 sq/ft - Stand alone building
Gross Rev: $1,432,500
Status: Conditionally Sold
Welcome to the exclusive presentation of this extremely well established, continuously growing, ultra-efficient veterinary hospital. Located in a stand-alone, custom built facility also available for purchase, do not miss inquiring about this highly coveted opportunity to purchase a hospital that has consistently grown year after year through true organic growth. Enjoy the stellar reputation this hospital has deservingly achieved, a large, very loyal client base, and an owner operator cash-flow well above the industry average, particularly for a practice of this size.
All staff members are extremely proficient and very well trained in providing high quality support to the veterinarian in a fast-paced environment, while making positive decisions internally on the fly. Subsequently, and as the client base has been accustomed to service by an additional part time locum, this practice is strongly positioned to successfully transition to another experienced veterinarian. The staff will further solidify this transition as they are experienced and well versed in interacting, in detail, with clients, allowing the veterinarian to spend shorter periods of time in each general examination. The owner is happy to offer a transition period to ensure the successful purchaser is fully comfortable within the hospital and so the client base is successfully transferred.
Successful effort and practice philosophy have enabled this hospital to brand its image as a premier hospital of choice within its community. Operating as a well-oiled machine, the practice should provide a new owner the ability to achieve continued economic growth and far above average cash flow while simultaneously enjoying a fruitful career.
The facility itself is gorgeous, decorated to perfection, and professionally designed for efficient traffic flow. The building and interior will likely require no capital investment for many years to come, unless one wishes to add to the structure to accommodate further growth. Although not currently needed, as the practice is equipped with two large exam rooms along with the planned ability to convert a private office into a third, the owner has thought ahead and planned for the eventual facility expansion as well in order to accommodate future continued growth. Thoughts and basic plans can be provided to the successful purchaser.
· Long standing, beautiful practice and Real Estate
· Extremely well trained, energetic staff experienced in a fast-paced atmosphere
· Many pieces of cutting-edge equipment
· Far above average stand-alone facility also for sale
· AVImark software – Digital record keeping and lab results
· Year after year continuous practice revenue growth
· Excellent, organic community recognition
· Excellent owner/operator cash-flow (46.5% of gross revenue) well above the Ontario average (~34%)
· Owner willing to provide a transition period
Private and confidential practice viewings will be held on Sunday August 11th 2019
The full appraisal package is ready and will be sent to those interested parties before the date of their scheduled private appointment.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this great hospital, please contact Jon Walton.