Highly Profitable Vet With Real Estate

Price: $599,000

Location: Gardendale, AL

Listing ID: 1-42

Listing Status: New

Description

Just North of downtown Birmingham, this pet clinic serves local animal owners with a wide variety of services to keep their fur babies safe and healthy. This clinic has been in the same location over 20 years and now it is time for the veterinarian to retire. Specializing with preventative care, boarding, and baths this clinic is doing extremely well. The numbers are very steady even though the veterinarian no longer does surgery and is limited to working the equivalent of4 half days a week. The company also provides pet daycare and boarding and is never without some furry residents.With eleven employees and room for more, this business is set to grow.
Furthermore, the real estate is included in the asking price, meaning that a new owner doesn't need to worry about a lease or any add-ons to the building. This is a retirement situation and a great way to capitalize on over 20 years in the same location. Priced for a quick sale due to declining health. Seller willing to hold note on the real estate.

Location:
Jefferson County, AL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Comes with real estate. Set up with several examination rooms and has the equipment for surgery, though that is not currently performed. Also is set up for boarding/daycare with a dog run and kennels.
Growth & Expansion:
The are is growing rapidly with lots of new subdivisions and new box stores and chain restaurants such as olive garden and longhorn
Support & Training:
Seller will stay on 2-3 days a week for a month for a smooth transition
Reason for Selling:
Retirement, can't do surgery anymore due to his hands

LISTING DETAILS

Total Sales: $1,083,000

Cash Flow: $150,000

FFE: $130,000

Inventory: $50,000

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Gene Townley

Gene Townley