Simcoe Region Veterinary Hospital - REF.#1489
$675,000 CAD
Appraised price - practice: $674,480
Asking price - practice: $675,000
REF#. : #1489
Available: 25/10/2022
Province: Ontario
Type: Companion Veterinary Hospital
Region: Simceo Region
SQFT: 1,246 sq/ft
Gross Rev: ~$795,000
EBITDA: $296,116
Status: SOLD
MBC is pleased to exclusively present the purchase opportunity of this successful and profitable companion animal veterinary hospital with a location and facility that is well positioned for a new owner to continue its growth trajectory.
Located just 60 minutes north of Toronto in Simcoe region, this single veterinarian practice is located in a well designed plaza with neighbouring tenants that include a pharmacy, dental office and post office. The plaza has ample free parking and is conveniently located less than 2km from a major north/south highway.
Benefit from the outstanding community reputation that the owner/operator has developed over 18 years in practice at this location. All staff members maintain up to date knowledge and training in order to ensure high quality support to the veterinarian while upholding the practice philosophy of kindness, compassion and integrity to all clientele.
With strong growth of professional billings, this practice generates an average of ~30 new patients per month with 782 new patients added in 2021 alone! You will benefit from the opportunity to continue expanding patient base and drive further revenue growth in a fully digital environment with the acceptation of full body radiology which can easily be updated.
Don’t miss out on the opportunity to acquire this full service 1,246 sq ft practice that provides loyal, great quality general medical care to all K9 and feline family members. The facility is spacious and is well designed for efficient flow of traffic and a comfortable environment to clients and staff.
This location features a strong, long term secure lease with exclusivity and favourable assignment clause, providing confidence and security to the buyer to continue to build the practice for years to come. The landlord is also willing to provide a larger space should one desire.
Hospital Highlights
· Long standing practice under single ownership since inception
· Full service clinic for all companion pet needs
· Highly trained, energetic staff, dedicated to an exceptional client experience
· IDEXX NEO software – digital recordkeeping and in house IDEXX lab
· Year after year continuous practice revenue growth
· Loyal and educated customer base
· Minimal competition within 10km radius
· Strong owner/operator cash-flow
· Owner is available for a basic transition period
Private and confidential practice viewings will begin November 27th 2022.
For more information or to discuss this opportunity further, please contact:
Greg Moore – greg@mbcbrokerage.ca
or
Eric Humes - eric@mbcbrokerage.ca
Greg Moore
Sales Representative
Direct: 613-716-2044
More info on Greg https://www.mbcbrokerage.ca/about-greg-moore