Mixed Animal Veterinary Practice for Sale in Southern New Hampshire – Gross up 6% Year-to-Date!
The practice currently operates as a 2-doctor, full service veterinary hospital, catering to small and large animals. An associate works about 4 days per week. About 89% of the practice revenue is generated through small animal services. Grossing well over $1.7M in 2019, the practice is primed for an individual entrepreneur to jump in and make a comfortable living, doing what they love. The earnings before interest, taxes, depreciation, and amortization (EBITDA) is approximately $242K. The practice price, not including real estate, is about 6 times EBITDA. A new owner can expect an after-debt income (ADI) of over $233K.
Covid-19 has not affected the gross income, and the practice is expected to finish out the year strong as ever. Although the current owner/doctor is ready to slow down and step away from practice management and ownership, he is willing to stay engaged with the practice for a negotiable length of time if a new owner would like. The 5,200 SF, free-standing facility is beautifully maintained with established landscaping and trees surrounding the premises. The practice uses ImproMed Software and has top-notch equipment, including Ultrasound and IDEXX CR Digital X-ray system.
The practice area is ideal for someone who wishes to live in a peaceful, family-friendly community, an hour from Boston, with access to numerous amenities!
Type: ALL PRACTICES (SOLD)
Property ID: (NOT AVAILABLE)