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Vet Hospital in 2nd Most Pet-Friendly City in US

Hillsborough County, Florida

Asking Price: Gross: Cash Flow:
$595,000 $963,870 $321,585

Furniture and Fixtures Value:
$128,036 (included in the asking price)

Inventory Value:
$31,485 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Motivated Doctor wants to find a new owner before 70th birthday. A Veterinary Hospital located close to over 100,000 pet owners. For 2023, Tampa Bay FL area ranks as the 2nd most Pet Friendly city in the United States. And neighboring St Petersburg ranks as 3rd in the U.S. This fully staffed, and fully equipped Veterinary Hospital enjoys an abundance of business. With stellar reviews on all social media and the internet, this pet facility has been making animals and owners feel better for more than 20 years. This is a full service medical facility for pets, providing everything from wellness and prevention to radiology and general surgery. Additional services include oral surgery, microchipping, vaccinations, and diagnostic services using the most up-to-date technology. The reviews confirm the loving atmosphere of the staff and facility.

 
   
   
Year Business was Established: 2003
   
Number of Employees: 5 FT  
   
Facilities / Terms of Lease: Located in a popular strip shopping center, the average traffic count is over 18,000 cars drive by on a daily basis. The Seller also owns the shopping center. So the facility size can be adjusted, and the lease will be customized for the new owner. The Hospital is surrounded by densely populated upscale residential properties. The shopping center is not actively for sale, but is available to purchase if the new Veterinarian is interested.  
   
Potential Growth/Expansion: With the qualified staff in place, ample space and equipment, and a large demand for services, there is plenty of room for growth. The current doctor is ready for retirement and not pushing the business. The facility has excess capacity available. There are numerous additional services that could be added. Active marketing would have a big impact, especially with the business already having a great reputation. The current owner is happy to provide guidance as to how to grow the business in this community.  
   
Competition: There are several Veterinarian facilities located within the area, and they each offer a variety of services. However, when working with a cherished member of a family, the pet, the reputation of the Animal Hospital is key for maintaining clients over the years, and receiving referrals from the owners. The highly rated reviews confirm the quality and care provided by this practice.  
   
Owner willing to finance: $31K down/$31K over 60 mos. @ 10%/Other Financing.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: The Doctor is ready to retire, and is ready for a new Doctor to take over this thriving practice.  
 

 

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