Great Lakes: MI – S.A. Px In Northwest Suburbs of Detroit Grossing $878K

Price available upon request
For sale

Veterinary practice

2500 sq. ft.
$878,131 in annual collections

Practice for sale in the northwest suburbs of Detroit.
The hospital is a two doctor small animal exclusive practice. The current owner is looking to retire but would work a short time to assist the buyer with the transition.
2020 Revenue = $793,138
2021 Revenue = $962,977
2022 Revenue = $988,044
2023 Estimated = $878,131
The practice has been serving the community for more than 40 years. There is approximately 5% boarding and grooming. The average gross sale doctor invoice is $262. The practice averages 53 new patients and 32 new clients per month.
The practice is well equipped with IDEXX lab (hematology, chemistry, and urinalysis), digital radiology, digital dental, ultrasound, and much more. There are seven workstations for its electronic medical records.
Located in the upscale northwest suburbs of Detroit, the practice area has convenient access to Detroit’s rich cultural scene including the world-respected Symphony Orchestra, Opera House, Institute of Arts, Charles H. Wright Museum of African American History, and the Fisher and Fox Theaters. Detroit is also home to four professional sports teams: Tigers MLB baseball team, Lions NFL football team, Pistons NBA basketball team and Red Wings NHL hockey team.
The local practice area is located in an area with several lakes which provides ample opportunities for water sports and other outdoor recreation. The community is home to both high-end boutique stores and expensive restaurants as well as everyday shopping complexes. The public school districts are very good and there are private options as well. Higher education is locally available with several colleges and universities nearby including specialty, technical, and community colleges. Medical care is also readily available.
The 2,500 sf facility is well maintained. There is ample parking for clients and staff. The hospital has three pass-through exam rooms, treatment area, surgery room, 20 indoor runs, doctor’s office, and grooming area in full basement.
The staff is well trained. There is a hospital manager, one licensed veterinary technician, and four other employees.
Emergency and veterinary referral centers are available nearby.

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