CC102 South Central Valley of California-Bakersfield, Animal Practice
Nestled in the southern end of California’s Central Valley is Bakersfield. It got its origin in 1858 when a few families stopped for the night in Colonel Thomas Baker’s field. And as they say, the rest is history. This region of California is home to the largest and most diverse agricultural operations in the US, as well as strong industry in the area. Just a little over an hour south is the LA basin making it easy to get to everything LA without living there. The Sierras, the largest mountain chain in California lies to the east and provides abundant recreational opportunities. This practice is staffed by a owner-veterinarian and part-time use of relief vets. It was originally established in 2009 and has been under the current ownership since 2014. The practice is 65% canine and 35% feline, offering general services including medical, surgical and dental procedures, operating 5 days a week. Gross revenue for 2020 was over $800,000. Cashflow is excellent and the buyer’s after debt compensation is projected to be over $200,000! A buyer could hire a full time associate, work half as much and likely make as much as they are right now, or throw that excess cashflow at the loan and pay it off quicker. It has all the bells and whistles too. Ultrasound, digital radiography, etc… all in a 3584 square foot facility with 4 exam rooms.