Profitable Colorado Veterinary Clinic & Surgery Center

Business Overview:

This profitable, established, full-service veterinary practice is located in a fast-growing, rural transitioning-to-suburban Colorado town, a reasonable drive from Denver International Airport. It operates in a 2,022 sq. ft. leased space specifically finished out to house the veterinary business including a large reception room, two exam rooms, farm room, treatment room, surgical suite, radiology room, and retail merchandise section. Sellers Discretionary Earnings averaged over $100,000 annually since 2021. The seller works full-time as the practice manager. She built a team of 7 staff members (including an assistant manager, three FT techs, three PT assistants, and a PT weekend assistant) that provide preventative, medical, and surgical care for a variety of animals. The seller built the practice after starting in 2017. She is ready to retire to spend more time with her family. Practice services include examinations, surgical and non-surgical care, therapy, lab testing, and animal food/merchandise sales. The practice offers in-house and portable digital radiography, ultrasound, surgical and dental care, lab equipment, and cold laser therapy. The practice operates 32 hours per week, is closed on Wednesdays & Sundays, and is open every other Saturday for six hours. The practice has contracts with a local veterinarian (14-18 hours/week) and an animal surgeon (1 day/month) to provide scheduled care. Most client visits are scheduled with the practice booked out three weeks in advance. Some emergencies are handled but many are referred to other animal care facilities. Opportunities exist to expand service hours, increase staff size, contract with additional vets, and schedule more surgical cases. The practice and asset sale includes advanced equipment to facilitate care including anesthesia units, dental machine, lab (microscope, centrifuge, Isat, VetScan, Imagynst, and HM5), cold laser, radiology, sterilization, boarding, and office management. Competition in the area is minimal and the practice enjoys strong relationships with referral sources and another veterinary service practice providing emergency care.

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Property Features and Assets:

The practice operates in a 2,022 sq. ft. leased commercial space, custom finished for the vet practice, with ample free parking on a busy commercial street. The building lease has always been month-to-month, but the landlord is willing to sign a longer-term lease with the buyer. The space includes an office, reception area, exam rooms, farm room, treatment room radiology room, surgical suite, kennel space, a cadaver refrigeration unit, and merchadise/food retail area.

Market Competition and Expansion:

Located in rural community only 30 minutes from metro-Denver, the practice sees limited competition. Within 10 miles, there is one busy, large animal clinic that employs 7 full-time veterinarians with on-site cattle and equine facilities with longer service hours and emergency care. The practice has a congenial relationship with this clinic and both businesses refer clients to the other based on what is best for the client's animal. The other competition is from a facility that focuses on pe

Reason for Selling:

Retirement

Additional Details:

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