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Versatile Alberta Veterinary Clinic
Location: Canada -> Alberta
Industry: Health and Medical > Other Health and Medical




Business Summary

There are 21 professionals, including 7 DVM's, at this Alberta-based veterinary practice. There are also 6 techs, 2 assistants, and 6 administrators. They have been in the area since 1988. The state-of-the-art facility is truly designed to meet the needs of the practice and includes several exam rooms, 2 surgical suites, in-house lab, private offices, and indoor animal housing. All of the owners are full time DVM's and want to stay on for the next owner. Their salaries are accounted for in the cash flow shown.

This team cares for both large (2/3) and small (1/3) animals brought to them by a diversified client base that includes pet owners to large-scale dairy operations. An overview of services includes general care, surgery, reproductive care, production management, lab services, dental care, and a full pharmacy. The owners are planning to remain a part of the highly-skilled team, maintaining institutional knowledge and service continuity.

The sellers have put in over $500K to the current location. The space was also designed with a generous reception and retail area, private offices, pharmacy, as well as runs and kennels. A team of seven veterinarians work at the clinic and on-site services are provided within an 80km/50mi radius of the business.

Main revenue streams include large animal pharmaceuticals and vaccinations, small animal retail, and equine vaccinations. The number of small animal clients continues to grow, and equine services are also trending upward. There is plenty of room within the facility to increase business without renovation.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $3,148,682
Cash Flow:   $869,537
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1988
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owners will stay on
Reason For Selling:  Industry Consolidation




Print Listing Id: 700333275
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Alberta Businesses For Sale > Alberta Franchises For Sale



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