Small Animal Veterinary Clinic for Sale in Brevard County, Florida
This long-established practice rests in a busy, coastal city in Florida, less than 10 minutes from Melbourne and 1 hour from Orlando. The practice is situated in a residential neighborhood, just minutes from numerous beaches, harbors, parks, and golf courses. The area also has great access to viewing frequent rocket launches and the abundance of wildlife experiences such as sightings of frolicking dolphins, huge sea turtles coming on shore to lay eggs, and manatees gathering in nearby canals.
The practice operates in a freestanding (concrete block), 1-story facility of approximately 2,500 SF and rests on less than a half-acre of real estate. The custom-designed facility has 3 exam rooms, a large treatment area, a surgery suite, and much more. The practice is very well cared for and has excellent equipment.
The practice generated over $752K in gross revenue last year (2022) and is seeing 4% growth through August 2023. The seller currently works 4.5 days per week, and the practice has a nice cash flow of around $166K. As it stands, a new owner can expect an after-debt income of approximately $140K! Although presently solo, this was a 2-DVM practice for many years and has plenty of room for multiple doctors!
There is a great opportunity for a new owner to increase revenue and grow this practice even more by expanding hours and services. The practice is equipped to do some boarding, and it has a bathing area that could easily be reworked to incorporate a full grooming area.
This high-rated practice is ready for a new owner to jump in seamlessly. Although the seller is planning to retire, they live nearby and will help as much as they can to facilitate a smooth transition and ensure a successful future for a new owner. ALL OFFERS ARE WELCOME!
In Association with Pennie Freeman | Licensed Florida Broker #BK3018174
The Undersigned understands that in connection with the possible acquisition of the veterinary practice, hereinafter referred to as the “Business” and specifically referred to by the LISTING CODE; PS Broker may furnish proprietary information which may include the financial condition and operational information of the Business.
Undersigned understands that PS Broker is the Seller’s Agent for all matters relating to the sale of any veterinary practice presented to Undersigned, and all contacts with PS Broker’s Exclusive Client, hereinafter referred to as “Seller”, shall only be negotiated through PS Broker.
Undersigned understands and agrees that the value of all veterinary practices depends on maintaining reliable employees and retaining clients who are loyal to the veterinarian and the practice. The Undersigned agrees that employees and clients could be lost if there is a premature announcement that the Seller intends to sell the Business; therefore, the release of such information before closing on the sale of the Business has a high probability of causing significant financial damage to the Seller and/or the Business.
Undersigned further understands and agrees that Seller and/or the Business would be damaged by disclosure of Seller’s or the Business’s financial information, client lists to competing veterinarians, or to other persons who may inadvertently or intentionally disclose such information to competitors.
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1. Not to discuss any aspect of the Seller or Business disclosed by PS Broker with any other person, except immediate advisors, and prior to such permitted disclosures, each of my advisors agrees to maintain the same confidentiality. I accept full responsibility for the confidentiality of my advisors. In the event of a breach of this Non-Disclosure Agreement, I shall be responsible for any actual damages caused to a Seller or PS Broker, and such Seller may seek a legal injunction to prevent further disclosure.
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Type: ALL PRACTICES (For Sale)
Area: 752K Gross Revenue | Solo Doctor
Property ID: FL118