Oneida County, New York
Predominantly Small Animal Practice in Central New York with Double-digit Growth!
The practice operates as a solo, full service veterinary hospital, catering to small animal and some equine (about 5%). All Equine work is done as a farm visit, not haul-in. Currently, the practice is not taking new equine clients. The practice is housed in a 1,500 sq. ft., free standing building on 1 acre of land. The facility has great exposure on a state highway, on the outskirts of the city. Major equipment includes digital x-ray, surgical monitor, endoscope, and electrocautery.
This primarily small animal practice has continued to grow and develop a solid client base, and it has full potential to produce more revenue due to the closing of a neighboring practice. This has contributed to the double-digit growth last year. The practice grossed over $640K in 2019, and it maintains great adjusted net cashflow ($283,707 in 2019). The earnings before interest, taxes, depreciation, and amortization (EBITDA) is approximately $133,707. The practice price, not including real estate, is just under 5 times EBITDA. As it stands, a new owner can expect an after-debt income (ADI) of approximately $175,416.
The practice is located in Oneida County, in the central portion of New York State. This area is ideal for someone who wishes to live in a beautiful City full of history, art, culture, and nature.
For more information on Oneida County, visit: https://ocgov.net//
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