East-Central Missouri - MO5

Small Animal Veterinary Hospital for Sale in East-Central Missouri PRICE REDUCED BY $125,000 This veterinary practice has long been established (since the 1920s) in a dynamic city offering a rich history, numerous recreational opportunities, and a diverse selection of neighborhoods that present a multifaceted urban experience. The area offers world-class museums and theatres showcasing art, history, culture, and music. Beyond the arts, the area is a sports enthusiast’s paradise and home to several universities and colleges. On the economic front, the area boasts a diversified economy with key sectors that include healthcare, education, manufacturing, finance, and technology. Its well-developed transportation network, including a major international airport and efficient public transit, makes it easy to get around and stay connected around the country. As one of the oldest veterinary practices in the city, the hospital holds 5-star reviews and an excellent reputation. Last year, the practice generated over $650,000 in total revenue and is currently at a 5% growth rate through October 2024. The solo DVM works 30 hours/week, leaving significant room for growth with a full-time DVM or multiple DVMs, given the 4 exam rooms and high demand for services. The practice operates in a convenient location off a main thoroughfare. This could be a perfect opportunity to live/work or generate additional income by leasing all or a portion of the apartment complex. Their goal is to work part-time for 3-6 months after the sale to assist with the transition. The recent price reduction of $125,000 will allow the new owner to revamp the practice facility and update the X-ray machine to digital, the computer software system, and the blood machine. With double-digit growth over the last three years, it’s the perfect time for new ownership.