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- RE: Maryland Vet Practice For Sale
- Contact: Rebecca Robinson
Quick Facts
Asking Price: | $2,700,000 | |
Annual Revenue: | $2,600,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $1,800,000 | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 953599 | |
Broker Reference #: | MD0002 |
Business Overview:
A thriving veterinary practice is for sale in one of the most affluent neighborhoods in Maryland just outside Washington DC and Northern Virginia. This impressive veterinary clinic was originally founded in 1979, then purchased and reestablished in 2001, making it a foundational part of this posh bedroom community. It boasts an annual revenue of 2.7 million with no accounts receivable and a strict policy of payment upfront for all services. Their average invoice exceeds $360.
The solo doctor practice is currently only open Monday through Friday from 9am to 4pm and does not offer boarding, grooming, walk-in appointments, or emergency services. This is a promising opportunity for the right owner to grow the practice by increasing operating hours and offering many additional services. Or it can be an opportunity to own a practice and still achieve a work/life balance while being extremely financially successful.
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Property Features and Assets:
This charming facility features the Idexx cornerstone practice management suite, two entry doors to separate dogs and cats/small animals, two reception areas to greet and check out clients, retail shelving for OTC product sales, two exam rooms, a surgery suite, a dental area, an X-ray room, an ICU oxygen tank, a staff kitchen area, a pharmacy, a laundry facility inside the clinic, 24 cages, a separate room with indoor runs, a large fenced in backyard with an outside run, and an outside break area for staff. The entire practice comes fully equipped to get started immediately.
Market Competition and Expansion:
The location of this practice is a rare find. Nestled in a bedroom community of one of the most affluent areas of Maryland, the residents enjoy a thriving economy, vibrant cultural scenes and diversity, scenic charm, and a central location a short distance to a number of major neighboring cities. The clientele of this practice is uniquely loyal and appreciate the clinics’ close proximity to their home. With more than 200 reviews on google, the practice enjoys a striking 4.9-star average which is extremely rare. Since they reopened in 2001, they have cared for over 22,000 pets and have over 13,000 clients in their database.
Are you ready to step into your own practice and become the next veterinarian to serve this incredible community? The seller can assist the buyer to ensure a seamless transition making it effortless for you to take the helm of this legacy veterinary clinic.Â
REAL ESTATE SALES PRICE $1.6M - $1.8M
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Maryland businesses for sale
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