Veterinary Practice in Houston, TX - 236

$595,000

For sale

Veterinary practice

4 exam rooms

2800 sq. ft.

$942,000 in annual collections

Listed by 1st Med Transitions - Veterinary

2024 - $942K projected ($589K thru mid August) This is a rare opportunity to own a well-established practice located in Houston TX. The current owner has two practices and decided he wants to concentrate on just one practice to make his life easier. His other practice is 20 miles away so there is no crossover of patients. This 2800 SF facility is situated in a busy storefront plaza with highly visible signage and ample parking. The practice has a very nice build out with 3 exam rooms and 1 surgical room. The practice has a great reputation with over 200 google reviews. The staff is experienced and friendly. The current owner is currently working 2 days a week at this location and using relief vets for the other days. Once a fulltime doctor takes over this should help grow an already healthy practice. Collections Trend: 2023 - $892K 2022 - $830K The practice has ~6,500 active patients over the last 18 months. The practice averages 65 new patients a month, mostly from location and word of mouth, as the clinic does not spend a lot of money on advertising. This could be an excellent opportunity for a newer doc to come in and grow the practice. The seller is happy to help with the transition and stay on part time for 3 months post sale. The asking price of this practice is $595K.

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