This solo veterinary practice, located in Palm Beach County, is housed in a free-standing building of approximately 2,976 SF. The building was fully renovated in 2008 and received a new roof 2 years ago. The practice rests on 0.2328 acres of real estate, including ocean access with a boat dock for personal use!
The practice draws from over five communities and has a very affluent clientele. Pet owners range from very young to retirement age, and they have no problem providing for the needs of their pets. This practice grossed over $618K in 2020 and is seeing double-digit growth this year. A new owner can expect an after-debt income (ADI) of over $123K. This practice could easily become a multi-DVM practice and increase revenue.
The main body of the clinic occupies about 1,800 SF. The practice offers a waiting and reception area, two exam rooms, a laboratory, pharmacy, treatment area, and a surgery suite. There is also an office, dark room, kennel area, isolation room, and a laundry room. The additional space (about 1,200 SF) could easily be converted into additional boarding, daycare, and grooming. A great deal of opportunity exists for the right buyer/doctor who has a desire to expand the practice and ramp up services.
The established practice comes with prime real estate on a protected bay with a boat dock that provides access to the Intercoastal Waterway and Atlantic Ocean. The current owner is ready to retire and sell this strategically located practice to an independent doctor who has a desire for practice ownership. Buying this practice presents a unique opportunity for someone to have easy access to activities outside of work with the ability to have a boat right behind their practice!
For information on the Palm Beach County, visit: https://discover.pbcgov.org/Pages/default.aspx
Type: ALL PRACTICES For Sale
Price: Est. ADI $123K 2976 SF + Real Estate0
Area: Est. ADI $123K
Property ID: FL107