*** SOLD ***
High Volume Animal Hospital with R.E.
Listing: #LA2549
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High Volume Animal Hospital with R.E.High Volume Animal Hospital with R.E. in a major city of San Gabriel Valley;This is a very high volume small Animal Hospital with Real Estate in a major city in the San Gabriel Valley.;The practice is grossing over $1,000,000 per year. This is a well established 2,500 square foot facility which is fully equipped.;The practice was established in 1956 and under current ownership since 1985.;The facility does need some work and face lift for probably under $15,000.;The practice is being run with the help of 1 Full time and 2 part time Vets and 7 full time and 3 part time employees.;Real Estate is also available for sale. The buyer can either buy the R.E. or simply rent it.;The practice is priced at $525,000 and the Real Estate at $575,000.;The seller is willing to carry a large note for the right buyer.;Great opportunity for a younger business savvy Veterinarian to cut down the payroll cost to maximize the cash flow.
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*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.