Ohio Based Vet Practice with 8 on Staff
Cincinnati, Ohio
Asking Price: |
Gross: |
Cash Flow: |
$670,000 |
$688,941 |
$145,893 |
Furniture and Fixtures Value:
$404,224 (included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This reputable veterinary clinic located in Cincinnati, Ohio hasa focus on providing high-quality care for household pets.Established in 2001, they offer a wide range of veterinaryservices to cater to the needs of the 3,000 active clientswithin their roster. Their services include routine check-ups,vaccinations, dental care, surgical procedures, emergencycare, and more. The clinic is equipped with state-of-the-artfacilities and employs a team of experienced veterinariansand support staff who are dedicated to ensuring the wellbeing of pets. The team consists of 1 associate Veterinarian,3 Receptionists, 3 Veterinary Assistants, and 2 Licensed VetTechs. While veterinary services can be expensive, they offervarious payment options and work with pet insuranceproviders to help alleviate financial burdens for their clients.The availability of on-site laboratory testing and diagnosticimaging equipment enables prompt and accurate diagnoses,leading to more efficient treatment plans. Their currentmarketing strategy includes participating in community eventsand initiatives related to pet welfare. They collaborate withlocal animal shelters, rescue organizations, and educationalinstitutions to promote responsible pet ownership and provideveterinary care to animals in need.Priced at $670,000, this business is a highly regardedveterinary clinic in Cincinnati, Ohio, known for itscomprehensive services, customer satisfaction, competitivepricing, modern facilities, and community involvement. With ateam of skilled professionals who prioritize the health andwell-being of pets, the clinic has established itself as a trusteddestination for pet owners seeking top-notch veterinary care.A 10% down payment of $67,000 will return $49,246 in thefirst year after debt payments, leading to a 73% return oninvestment.
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Year
Business was Established: 2001 |
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Number of Employees:
9 |
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Facilities / Terms of Lease:
6,100 sq ft facility which includes a 3,170 sq ft
boarding space |
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Potential
Growth/Expansion:
Expand client base via advertising,
increase home visits, expand hours, add a vet to increase
capacity, provide urgent care services, include holistic
services |
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Owner
willing to finance:
10% Seller Financing or Equity $67,000 |
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Owner
willing to train:
1-2 years |
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Reason for selling:
Divestment |
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REQUEST MORE INFO |
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