Small Animal Veterinary Practice for Sale in an Area of Northern Michigan Full of Natural Beauty and Outdoor Adventure!
This practice rests on a 1-acre parcel and is easily accessible off a main highway. The 2,064 SF practice facility is free standing, on one level, and is beautifully maintained. The practice has visible signage by the road and a paved parking lot, with plenty of parking. This profitable practice has minimal competition in the area. The practice uses AVImark software and is equipped with digital X-rays, IDEXX LaserCyte, and IDEXX Catalyst.
The practice grossed just under $650K in 2019 (^5% year-to-date), and the stage is set for a new owner to continue to grow this well-established practice. The practice has great cash flow and presents an excellent opportunity for an individual doctor/entrepreneur to take over and make a comfortable living. As it stands, a new owner can expect an after-debt income (ADI) of approximately $185K. Since the owner/doctor is currently only working three and a half days per week, there is a great deal of potential for a new owner to increase revenue and grow this practice by working additional hours.
This well-established practice has all the potential to produce a successful future for a new owner. The current owner is looking forward to retiring and helping a new doctor achieve their dream of practice ownership. The practice rests in Cheboygan County, which is a wonderful area for the outdoor enthusiast looking to live and raise a family in an area full of natural beauty and activities for every season!
For more information on Cheboygan County, visit: http://www.cheboygancounty.net/
Type: ALL FEATURED PRACTICES For Sale
Price: Est. ADI $185K 2064 SF + Real Estate0
Area: Est. ADI $185K
Property ID: MI6