Kitchener-Waterloo Area - REF.# 1092
$871,851 CAD
Asking and appraised price - practice: $871,851
Asking and appraised price - real estate: $535,000
REF#. : #1092
Available: 11/08/2017
Province: Ontario
Type: Veterinary Hospital
Region: Kitchener-Waterloo
SQFT: ~3,300 sq/ft stand alone facility
Gross Rev: ~$1,020,000
EBITDA: ~$384,244
Status: SOLD
Welcome to the exclusive presentation of this beautiful, extremely well established, stand-alone veterinary hospital. This is a rare opportunity to own not only a thriving multi-doctor practice, but also the beautiful real estate the practice is housed in. Be your own landlord, build personal equity, and step directly into a great career and cash flow from day one.
The practice is fortunate to employ a loyal, extremely well trained staff in all positions, allowing the current owner to work a relaxed 26 hours a week. Experience a cash flow well over what an associate makes, while servicing your debt for both the real estate and practice! An opportunity like this does not present itself often.
The facility is beautifully constructed and has been meticulously maintained both inside and out. Enjoy many high end, modern pieces of equipment as this owner has continuously been updating pieces of equipment to remain cutting edge. Such pieces of equipment include a new full DR digital radiology unit, as well as the latest IDEXX chemistry analyzing machines. Not often does one find a long-standing practice with this much upgraded, modern equipment come for sale.
This practice has an extremely loyal client base and very stable and growing gross revenue. The only thing holding this practice back from continuing to grow is the owner and the hours chosen to be put in. Growth in this practice is very well within reach should you desire to work more than a part time schedule.
Hospital Highlights
· Stand alone, beautiful facility available for purchase
· Fully digital practice including records, X-rays, and laboratory results
· Relaxed hours
· ~17 new clients a month with very little marketing and advertising
Do not miss coming to see this one!
The private and confidential open will be held on Saturday and Sunday, September 2nd and 3rd 2017.
The full appraisal is ready and will be sent to those interested parties following the date of the open.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this great hospital, please contact Jon Walton.
Jon J. Walton, BSc, C.C.O.V.I
General Manager and Sales Representative
Direct: 519 829 5953