This practice produced a gross revenue of over $790K in 2020 which was nearly 30% more than 2019! The practice has a 47% increase in gross revenue through May 2021, and a new owner can expect an after-debt income (ADI) of over $149K.
The current owner/doctor works 3.5 days per week with a tech working the other 1.5 days and a relief veterinarian working when available. It is the perfect time for a new doctor to step in and grab this opportunity as the practice is seeing unbelievable growth! The current owner is willing to continue working in a part-time capacity and help wherever needed to ensure a smooth and successful transition for a new owner.
The practice facility was remodeled 15 years ago and has recently been re-roofed, repainted inside, and a more efficient heating system has been installed. The facility housing the clinic is approximately 2,000 SF (28’ x 72’) and rests on approximately 1/3 of an acre of real estate, on a main thoroughfare. This practice is well-equipped with three exam rooms, an organized reception area, doctor’s office, waiting room, a laboratory area equipped with IDEXX equipment, surgery room with a surgical laser, Cornerstone software, digital X-ray, and six kennels with an outside run.
Buying this practice offers a great opportunity to live in the heart of all types of outdoor and cultural activities across the spring, summer, fall and winter seasons that Northern Michigan has to offer! Charlevoix County is situated in the northwest corner of the Lower Peninsula, on the banks of Lake Michigan.
For more information on Charlevoix County visit their website at: http://www.charlevoixcounty.org/
Type: ALL PRACTICES For Sale
Price: Est. ADI $149K 2000 SF + Real Estate0
Area: Est. ADI $149K
Property ID: MI4