IN-2080 Northern Indiana, West of Fort Wayne Practice

$475,000

Unlisted

Veterinary practice

$889,833 in annual collections

The hospital is a two DVM full time equivalent practice with approximately 85% small animal and 15% large animal. The current owner is looking to retire, but would work a short time to assist the buyer with the transition.

2017 Revenue = $906,724

2018 Revenue = $844,654

2019 Revenue = $889,833

There is approximately 2.5% boarding and grooming. The current average invoice is $97.55.

The hospital is well equipped with Innovet x-ray, therapy laser, Abaxis HM2, digital x-ray, Idexx lab equipment, Idexx SnapPro blood machine, and much more. The practices uses Cornerstone software.

The practice is in a charming small town with a national historic district in the central business district and surrounding residential section. Nearby are two nature preserves encompassing almost 300 acres with various trails of mixed difficulty. The surrounding area is home to numerous lakes for boating, fishing, water skiing and other outdoor pursuits. There is a strong sense of community, with good schools, local shopping and access to larger city amenities.

The facilities are well maintained. There is ample parking for clients and staff.

The staff is well trained. There are five employees in addition to the DVMs to support clients.

Emergency and veterinary referral centers are available in Fort Wayne.

The practice is offered at $475,000 and includes $45,000 of inventory and supplies.

The buyer should make an income of $103,000 the first year after paying for all practice expenses and the mortgage.

Financing is available to a qualified buyer from several lenders. Buyer needs no money down.

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