Great Lakes: IN – South of Bloomington (IN-9475)

Price available upon request
For sale

Veterinary practice

3 exam rooms
$1,400,000 in annual collections

Small animal practice for sale south of Bloomington, Indiana.
The hospital is 1.5 FTE (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.
The practice has been serving the community for over 40 years. There is approximately 2% boarding and grooming. The current average doctor invoice is $180. The practice averages 57.5 new clients per month.
The hospital is well equipped with iM3 Dental Suite, Oasis Underwater Treadmill, Digital X-ray, MediVet Stem Cell LED, Provecta Mobile Dental X-Ray, Cutting Edge Surgical CO2 Laser, Thearpeutic Laser (Companion), and much more. There are 7 computer stations.
The practice is located south of Bloomington, the home of Indiana University. It is within an east drive of both Indianapolis and Louisville KY. The area’s economy is broad based including natural resources, manufacturing, and health services. There are two major hospitals providing comprehensive medical services. The public schools include a high school, several junior high, elementary schools and kindergartens and a parochial school. There are vocational school options and six college/university institutions nearby. The area is home to chain and local dining as well as specialty shops, antiques shops, chain stores and a variety of entertainment options. Nearby are Brown County State Park as well as the Hoosier National Forest so outdoor activities are easily accessible. There are city parks as well as a pool, golf course, and recreational sports.
The facility is three buildings totaling over 4,500 square feet and they are well maintained. There is ample parking for clients and staff. The hospital has three exam rooms, nice doctor’s office, 10 recovery cages, 22 boarding cages, treatment area, and single surgery room.
The staff is well trained. There is an associate DVM, and nine lay staff including two registered veterinary technicians.
Emergency and veterinary referral centers are available in the Indianapolis and Louisville areas.
The practice is offered at $1,750,000 and includes $25,000 of inventory and supplies.
The buyer should make an income of $151,635 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.
Contact Bret Halishak or Dr. Kurt Liljeberg of Total Practice Solutions Group – Great Lakes at 440-933-4522, or www.tpsgsales.com.

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