Small Animal Veterinary Clinic for Sale in Cuyahoga County, Ohio
This long-established veterinary clinic rests in a charming and historic city, just outside of Cleveland. The city’s close-knit community, vibrant local businesses, and surrounding natural beauty offer a perfect mix of small-town charm and modern amenities.
The clinic operates with a solo DVM working approximately 30 hours per week along with a great support team. Last year, the practice produced $664K in gross revenue. With significant revenue growth over the past 3 years and more than 3,000 active patients, this clinic is primed for further development and has plenty of room to accommodate additional DVMs.
The practice occupies a prime location on a main thoroughfare with premium store-front signage. The beautiful facility was custom-built exclusively for the veterinary clinic. The clinic itself consists of approximately 2,400 SF, and the real estate associated with the clinic includes sufficient client parking.
This practice is extremely well-equipped with 3 exam rooms and everything needed to provide comprehensive veterinary care. From an on-site lab and surgical suite to digital X-rays and grooming suite, the clinic has it all!
After serving the community for over 40 years, the current owner is ready to retire and sell the business along with the real estate. The potential for future growth is significant as a DVM working full-time could instantly generate more revenue, even keeping it as a solo practice. This is a perfect opportunity for an independent DVM or a corporation looking to expand operations in the area. The seller will assist as needed to ensure a successful transition for all.
In Association with Bethany Snowden | Licensed Ohio Broker #BRKP.2020000159
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.
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Type: ALL PRACTICES (For Sale)
Area: 664K Gross Revenue | Solo Doctor
Property ID: OH5