Small Animal Veterinary Hospital for Sale in East-Central Missouri
This veterinary practice has long been established (since the 1920s) in a dynamic city offering a rich history, numerous recreational opportunities, and a diverse selection of neighborhoods that present a multifaceted urban experience. The area offers world-class museums and theatres showcasing art, history, culture, and music. Beyond the arts, the area is a sports enthusiast’s paradise and home to several universities and colleges.
On the economic front, the area boasts a diversified economy with key sectors that include healthcare, education, manufacturing, finance, and technology. Its well-developed transportation network, including a major international airport and efficient public transit, makes it easy to get around and stay connected around the country.
As one of the oldest veterinary practices in the city, the hospital holds 5-star reviews and an excellent reputation. Last year, the practice generated over $630,000 in total revenue. The solo DVM works 30 hours/week, leaving significant room for growth with a full-time DVM or multiple DVMs, given the 4 exam rooms and high demand for services.
The practice operates in a convenient location off a main thoroughfare and has excellent equipment, which is all paid for. The associated real estate holds the practice of over 2,100 SF as well as a 3-unit apartment building that is available as an option to purchase. This could be a perfect opportunity to live/work or generate additional income by leasing all or a portion of the apartment complex.
The current owner is ready to retire and sell the practice along with the real estate. Their goal is to work part-time for 3-6 months after the sale to assist with the transition. With double-digit growth for the last two years, it’s the perfect time for new ownership!
In Association with Jon Nesbitt | Licensed Missouri Broker #2020006201
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: 630K Gross Revenue | Solo Doctor
Property ID: MO5