Mixed Animal Veterinary Practice for Sale in East Tennessee – Norris Lake Area!
This top-notch practice currently operates as a solo, full service veterinary hospital, catering to small and large animals. Although most of the current business is from small animal services, the practice does have a haul-in area for large animals. Grossing well over $950K in 2019 (^9% year-to-date), the practice is primed for a new owner to make a comfortable living. The earnings before interest, taxes, depreciation, and amortization (EBITDA) is approximately $137,788. The practice price, not including real estate, is about 5.5 times EBITDA. A new owner can expect an after-debt income (ADI) of approximately $151,659.
The practice is located in a beautiful, free standing facility of approximately 4,000 SF, with a wide-open view from the main road. The facility has been completely renovated and remodeled. The practice has a large, paved parking lot and well-maintained landscaping. The facility is clean and organized with a spacious layout.
This area is ideal for someone who wishes to live in a charming area of Claiborne County, with all the amenities of a big city just an hour away. Claiborne County is in upper East Tennessee and is home to the area known as Cumberland Gap, where Tennessee, Virginia and Kentucky meet.
For more information on Claiborne County, visit: https://claibornecountytn.gov/
Type: ALL PRACTICES For Sale
Price: Est. ADI $151K 4000 SF + Real Estate0
Area: Est. ADI $151K
Property ID: TN2