Small Animal Veterinary Hospital for Sale in Lake County, Illinois
The veterinary practice is situated about 1 hour from Downtown Chicago.
This north suburb of Chicago has a robust economy that contributes significantly to the region’s overall prosperity.
Various sectors anchor the local economy, including retail, hospitality, healthcare, and manufacturing.
The combination of a diverse economy, healthcare services, and vibrant recreational offerings makes the community a desirable location for all.
The practice has a 4.5-star Google rating and operates in a high-visibility location inside a neighborhood shopping center at a signalized intersection.
The leasehold space consists of approximately 3,000 SF and offers three exam rooms. Expansion is also possible if a new owner is interested.
With the equivalent of two doctors, this veterinary hospital is highly profitable with year-over-year growth.
The practice generated over $1.73 million in 2022 and is expected to wrap up 2023 with further revenue growth.
With its loyal clientele, high reviews, and incredible reputation, this is a perfect time to take over a practice with a consistent upward financial trajectory.
Given the spacious facility and potential for expansion, number of exam rooms, and the demand for services, there is an opportunity for a new owner to grow this practice significantly.
The practice could easily accommodate an additional full-time doctor as well!
After many years of success, the owners are ready to sell this thriving veterinary practice.
The selling doctors are willing to continue working for up to 2 more years post-sale.
The part-time associate may also be willing to continue working for the new owner if employment terms are agreeable.
