Great Lakes: MI – Kalamazoo Area (MI-9310)

$990,000

For sale

Michigan

Veterinary practice

4 exam rooms

3200 sq. ft.

$1,326,799 in annual collections

Listed by TPSG - Great Lakes

Practice for sale in southwestern Michigan, near Kalamazoo.
The hospital was a three-doctor small animal exclusive practice through May 2023 (two full time associates in addition to the owner). The practice became a two doctor (one full time associate in addition to the owner) practice at the end of May 2023.
The current owner is looking to retire but would work a short time to assist the buyer with the transition.
2021 Revenue = $1,434,324
2022 Revenue = $1,388,378
2023 Revenue = $1,326,799
The practice has been serving the community for more than 35 years. There is no boarding or grooming. The average client transaction is $111 and the average doctor transaction is $106. The practice averages 10 new clients per month and 20 new patients per month.
The hospital is well equipped with two Versana Ultrasounds, full Idexx lab (Procyte, SediVue, (2) Catalyst One), digital x-ray, hi-speed dental machine, digital dental x-ray, Doppler blood pressure and more. The practice uses Avimark software and has six computer workstations.
The practice is located in a community of quaint shops and unique restaurants alongside a river. In addition to the riverwalk, there are multiple other parks in the community. Outdoor recreation includes kayaking, pickleball, dog parks as well as the nearby Lake Michigan shoreline and Allegan State Game Area. Activities include camping, snowmobiling, cross-country skiing, hunting, hiking, swimming, and boating. The local school district includes two high schools, a middle school, and three elementary schools. Healthcare is available locally through several Health Centers and additional services available in nearby Grand Rapids and Kalamazoo.
The facilities are well maintained. It is a 3,200 sf facility with ample parking for clients and staff. There are four exam rooms, a doctor’s office, treatment area, surgery room, three indoor runs, and an outside walking area. The building was remodeled in 2019. The roof was replaced two years ago and the HVAC three years ago.
The staff is well trained. There is one associate DVM in addition to the owner for a total of two full time equivalent DVMs, one licensed veterinary technician, three assistants, three receptionists, and an office manager.
Emergency and veterinary referral centers are available nearby.
The practice is offered at $990,000 and includes inventory and supplies.

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