Veterinary Hospital, North Coast of California, Small Animal
Arcata, CA
| Cash Flow: | $194,500 |
| Established Year: | 1995 |
| Gross Revenue: | $900,000 |
Listing ID: 2048273Listing provided by BizBuySell
BUSINESS DESCRIPTION
The owner founded this Small Animal practice in 1995 and is now ready to transition towards retirement.
This clinic is poised for ongoing growth in a beautiful vibrant University driven community on the Northern Coast of California.
If you are seeking to get out of the "rat race" or simply improving the work life balance in your career then this opportunity may be of interest to you.
The doctor works four days (28 hours) per week and is unable to service the strong demand for Veterinary services.
The owner's pride in customer service and reputation for thoroughness & competence have led to this clinic's strength in the community.
The real estate is available for sale.
DETAILED INFORMATION
Location
Arcata, CA
Inventory
Included in asking price
Real Estate
Owned
Building SF
4,120
Employees
7
Facilities
The owner built this 4,120 sq. ft. free standing hospital in 1995.
There are 4 exam rooms and 9 runs.
The facility has been well maintained and cared for, it is in very good shape.
Plenty of parking.
Competition
The demand for Veterinary services in the community is very high.
Sadly, the owner turns away 6 or more inquiries per day from people seeking medical attention for their animals.
These conditions are very favorable for a younger DVM to step into.
Growth & Expansion
The current production is based on a 4 day work week, there exists great potential for growth by simply expanding hours.
The primary economic driving force is Cal Poly Humboldt (within 10 minute drive from the clinic).
The University is expanding it's enrollment from the current ~7500 to (15,000-17,000) students within the next 5 years, which will stimulate a robust economy and a great potential for this Hospital to expand.
In addition, the real estate adjoining the hospital could be available to the successor for expansion.
Financing
Please contact broker for introductions to Veterinary Practice specialist lenders.
Support & Training
The owner is willing to work back 1-2 days per week and assist with relief work.
The owner wants the successor to receive the support and training to grow the hospital to the next level.
Reason for Selling
Retirement
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