Small Animal Veterinary Hospital for Sale in Hillsborough County, Florida
This long-established veterinary practice is strategically located in the center of the city, just a short drive from Tampa, under 1.5 hours from Orlando, and under 1 hour from St. Petersburg and Clearwater.
The practice facility consists of approximately 2,400 SF and rests on less than half an acre of real estate. The property has bold signage by the main road and adequate, paved parking. The practice is extremely well equipped and has 2 exam rooms with the ability for a 3rd when needed.
This solo practice grossed over $1.03M in 2020, an 8.5% increase over 2019, and wrapped up 2021 with a slight increase for the year. In 2021, the practice produced more than $1.05M in gross revenue. The practice is currently seeing growth through August 2023.
This hospital has a substantial opportunity for growth as they have not truly accepted a new client in a number of years. They have an excellent support team and a part-time relief veterinarian to help with the caseload.
The current owner/veterinarian has worked hard for many years and is ready to slow down and retire. They wish to sell their successful practice along with the real estate to a new owner looking to build off its solid foundation. The seller will help where needed to ensure a smooth and successful transition for the new owner, the staff, and the loyal clients.
In Association with Pennie Freeman | Licensed Florida Broker #BK3018174
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: 1.05M Gross Revenue | Solo Doctor
Property ID: FL119