About

Small Animal Veterinary Hospital for Sale in Prince George’s County, Maryland

This veterinary practice is long-established in a charming town in Prince George’s County. The economy is characterized by a mix of small businesses, local shops, and service providers contributing to a close-knit community atmosphere. Its proximity to downtown Washington, D.C., and other nearby employment centers makes it a perfect choice for those seeking a balance between peaceful suburban living and career opportunities and more extensive amenities in the metropolitan area.

The area offers a range of local services and recreational facilities. The town also caters to a diverse demographic, and community engagement is evident through events, local initiatives, and a strong sense of pride in its history and cultural identity. With its strategic and convenient location, economic vibrancy, and commitment to community well-being, the location stands as a welcoming and attractive place to call home.

The practice has served the local community for decades and has experienced incredible double-digit growth over the last several years. The practice ended 2022 with $1.7 million in gross revenue. With the owner working full-time, two part-time associates, and a large support team, the practice thrives yet offers ample room for growth.

The hospital is in a densely populated suburb near the Washington, D.C. border. The 2,100 SF facility is adjacent to newly built multi-family housing properties and retail stores. The property of about 0.2 acres hosts the practice facility and a fully fenced backyard. The practice has two exam rooms, a surgery room, a treatment room, a pharmacy, inside and outside runs, and much more.

The current is ready to slow down and sell the practice along with the real estate. They are happy to continue working post-sale for a negotiable transition period, and both part-time associates will likely stay on for a new owner as well.

In Association with Edward Haraway | Licensed Maryland Broker #94410

NON-DISCLOSURE AGREEMENT

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.

In consideration for PS Broker providing confidential information relative to the Business to the Undersigned, the Undersigned agrees as follows:

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.

2. Clients’ names and addresses, and detailed financial information of a Seller and Business are “trade secrets” as defined by the statutes of the state where the Business are located and cannot be disclosed for any purpose other than deciding whether to purchase the Business or not. Any disclosure of these trade secrets shall be actionable under the applicable statutes if not authorized in writing by the Seller or PS Broker.

3. Not to contact the Seller, their employees, suppliers, competitors, attorneys, accountants, or clients, except through PS Broker or without prior permission from PS Broker.

4. To evaluate all information within a reasonable period of time. If I decide not to purchase a Business presented by PS Broker, I shall return or destroy all written and tangible information, including notes I’ve made to PS Broker, and shall certify that all such information has been returned or destroyed, including any information disclosed to my advisors.

5. I understand that although certain information provided may be considered relevant, PS Broker makes no representation or warranty (implied or expressed) as to its accuracy or completeness. I agree to perform due diligence to my own satisfaction.

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