About this business for saleVeterinary Hospital
Veterinary Hospital in an affluent area of North Orange County.;This is a Well-established small animal hospital located in an affluent area of North Orange County. The current Veterinarian is retiring. He has been able to work only 20 hours a week for the last few years. This is a great opportunity for a younger Veterinarian who can work full time.;The practice is currently grossing $275,000/year But a full time veterinarian can bring the annual revenues to $500,000 in a very short period of time.;There are 2 free standing buildings on a large lot. 2,700 sq feet main building and 1,000 sq feet of secondary building. The secondary building can be used as a pet hotel, Dog Grooming, animal shelter or living quarters for an employee or care taker.;The main building has large reception area, large treatment area, kennel rooms and a large surgical suite. The facility is fully-equipped with a full lab, x-ray processor, and ultrasound.;The rent for the main facility is $5,500 per month and secondary building rent is $1,500 per month. The buyer can rent either the main facility or both. The buyer has the choice of buying the real estate also. The asking price is $1.3 million.;The asking price on the practice is $250,000. Buyer can come in with a small down payment and seller is willing to carry a large note for the right candidate.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.