Only 2 ½ Days Per Week Vet Practice For Sale in Southwest Iowa

1847

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

Sale Reason:

Retirement