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Asking Price$280,000
Revenue | $291,480 |
Established | 1970 |
Cash Flow | $100,050 |
Employees | 2 full-time |
FF&E | $147,072* |
Franchise | No |
Inventory | Undisclosed |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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No down payment for a turnkey operation! The current DVM works only about 2 ½ days per week and is selling this fully staffed clinic in order to retire. Established in 1970 in Montgomery County, Iowa, this vet practice is fully furnished with all necessary furniture, fixtures, and equipment (value of $147,072) for day to day operations.
Occupying a 1,502 square foot facility, with 2 offices, 1 lab, and 1 operation room – a Buyer would only pay $1,200/month in rent. The facility is staffed with 1 FT Vet, 1 FT Tech, plus additional PT Staff. Seller will train and transition for up to 6 months post-close if Buyer desires.
A Buyer would not need funds down in order to purchase the business. br> Next Steps: For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.
Other Information Reason for Selling: Retirement Personnel: 1 FT Vet, 1 FT Tech, plus additional PT Staff Hours: Clinic open 7 days a week History: 1970 Lease: Only $1,200/month for 1,520 sq./ft. including 2 offices, 1 lab, and 1 operation room Support to Buyer: Seller will train and transition for up to 6 months - if Buyer desires Additional Information:
Funding Example
Purchase Price: $280,000 0% Buyer Down Payment: $0 10% Seller Financing: $28,000 90% Bank Loan: $252,000
Year Established: 1970
Location and Service Area: Montgomery County, IA
Lease: Only $1,200/month for 1,520 sq./ft. including 2 offices, 1 lab, and 1 operation room
Reason for Selling: Retirement
Employees: 1 FT Vet, 1 FT Tech, plus additional PT Staff
Hours: Clinic open 7 days a week
Seller Training Period: Seller will train and transition for up to 6 months - if Buyer desires
Growth Opportunities: Current DVM owner works on average 2 ½ days per week, expand to full time hours
Facilities: | Lease: Only $1,200/month for 1,520 sq./ft. including 2 offices, 1 lab, and 1 operation room |
Growth Potential: | Current DVM owner works on average 2 ½ days per week, expand to full time hours |
Training/Support: | Seller will train and transition for up to 6 months - if Buyer desires |
Seller Financing: | 10% Seller Financing: $21,600 |
Ad #78662
Seller Reference #ANI007
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