Established and Growing Animal Hospital Serving St. Louis Area

St. Louis County, MO
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Sale Pending
Asking Price:$379,000
Gross Revenue:$592,237
Rent:$3,250
FF&E:$100,417
Cash Flow:$113,071
Inventory:$29,000
EBITDA:$113,484
Established Year:1993
BUSINESS DESCRIPTION

Incredible opportunity to own an Animal Hospital that is turn-key ready for transition and scalable for immediate expansion. Ideal set-up for a (2) pet doctor practice with a dedicated focus on marketing and growth to add additional doctors. Current revenue per hour is $307.41 vs. industry standard $233.00. Over 4,000 patients per vet annually vs. 1,500 average counts in the industry. This is being accomplished by (2) part-time seasoned doctors that are seeking someone to continue their legacy.

Legacy Animal Hospital Business for sale. Same location since 1957. Current doctors have owned and operated this business since 1993 and built the customer base to over 20,000 clients, on pace for 15,000 active patient visits, not including 650 "new" clients.

Hospital currently offers the following services: Wellness Exams, ?Spay & Neuter, ?Vaccinations, General Surgery, Micro Chipping, ?Dental Care, Diagnostic Services, & Emergency Care.

?The hospital floor plan includes 5 exam rooms, 4 general surgery rooms, 1 dental surgery room, a self-contained pharmacy, and recovery pens totaling 5,000 sq ft. Great location with a large customer base. Fully staffed with trained and tenured receptionists and techs.

The doctors are open to owner financing or an associate buy-out for the right partner. They will offer mentoring throughout the transition process and are available for an extend period of time.


DETAILED INFORMATION
Location
St. Louis County, MO
Inventory
Included in asking price
Real Estate
Leased
Building SF
10,000
Lease Expiration
31/12/2024
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Free standing brick building with private parking, corner lot at stop light. ?The hospital has a professionally designed 5,000 sq. ft. hospital floor plan includes 5 exam rooms, 4 general surgery rooms, 1 dental surgery room, a self-contained pharmacy, and recovery pens. Growth opportunity with 5,000 sq ft unfinished basement.
Competition
Minimal competition due to established location, reputation, and affordable animal care.
Growth & Expansion
Poised for growth with potential to increase doctors hours. Currently operating at 45-hour work week between two doctors.
Financing
Owners open to financing 65% of the transaction and maintaining employment for 3 year
Support & Training
New owner must be a DVM. Owners are open to staying on for 3 years.
Reason for Selling
Retirement
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Peter
Rook
Peter Rook