Great Lakes: MN – St. Cloud Area Small Animal Practice Grossing $985K [ MN-6070 ]

Practice for sale in St. Cloud area.
The hospital is a 1.25 full-time equivalent DVM small animal exclusive practice. The current owner is looking to retire but would work a short time to assist the buyer with the transition.
2018 Revenue = $758,603
2019 Revenue = $696,805
2020 Revenue = $985,359
The practice has been serving the community for more than 40 years.
The hospital is well equipped with the following new equipment: Heska lab, digital x-ray, autoclave, microscope, and Sevo gas anesthesia with monitor. The practice equipment also includes an Erchonia Class II laser. The practice runs Infinity software.
The practice area is located near the Mississippi River and has access to many parks and gardens. There are museums, arts, and theater options nearby. Boutique shopping and dining are available as are national chains. The area’s high schools are very good and have high graduation rates and SAT scores. There are multiple universities, colleges, technical schools, and business schools in the area. Healthcare is also easily accessible.
The 2,400 square foot facility is well maintained. There is ample parking for clients and staff. The hospital has three pass-through exam rooms.
The staff is well trained. There is one certified veterinary technician.
Emergency and veterinary referral centers are available nearby.
The practice is offered at $575,000 and includes $45,000 of inventory and supplies.
The buyer should make an income of over $200,000 the first year after paying for all practice expenses and the mortgage.
Financing is available to a qualified buyer from several lenders. Buyer needs no money down.
A confidential agreement is needed for more information.