Kitchener Veterinary Hospital - REF.#1453
$348,687 CAD
Appraised price - practice: $348,687
REF#. : #1453
Available: 27/06/2022
Province: Ontario
Type: Veterinary Hospital
Region: Kitchener
SQFT: 1,275 sq/ft
Gross Rev: $417,449
EBITDA: $150,348
Status: SOLD
Welcome to the exclusive sale presentation of this nicely appointed and established, companion animal veterinary hospital. Conveniently servicing the community for over 20 years, this hospital has an educated and loyal core client base from which a new owner can continue to build.
The hospital is housed in a 1,275 square foot facility that has been wisely designed and prides itself on maintaining a clean and safe environment for staff and clients alike. Equipped with two large exam rooms, coupled with a surgical suite and radiology room, the facility has the capacity to handle substantial continued growth should more dedicated DVM hours be offered.
Located in a retail plaza in the heart of a residential neighbourhood, clients love the convenience and accessibility of the practice. There is ample parking on site and excellent exposure offers a new owner the opportunity to grow this practice well into the future.
Following the owner’s vision, the hospital follows a “service the animals needs when needed” philosophy and sees a lower volume of cases, while consistently showcasing a stable gross revenue and cash flow year after year based on the limited DVM hours offered.
Areas of further future growth opportunities: providing DVM evening hours, having more consistent veterinary hours and appointment slots available throughout the day while enhancing the marketing plan to continue to attract more new clients. With a dedicated owner/veterinarian, this practice is ready to expand to the next size and echelon level.
Hospital Highlights
· Limited owner/DVM hours being offered
· Cornerstone computer software
· Digital radiology – full D.R.
· Well-designed facility
· Great curb side appeal and street exposure
· Secure lease until 2032
· IDEXX in-house laboratory – True lease to be transferred
The full appraisal package is ready and will be sent to those interested parties upon inquiry and a signed confidentiality agreement.
To discuss this practice in greater detail, and to book your private and confidential appointment to view this great hospital, please contact Eric Humes and Jon Walton
Eric Humes M.Sc, M.Ba.
Sales Representative
Direct: 416 704 0062