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Listed by:

PS Broker

Veterinary Practice With Real Estate In Virginia For Sale

Eastern Region, Virginia, US
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,044,268
Cash Flow:
$239,725

Small Animal Veterinary Hospital for Sale in Eastern Virginia

This veterinary practice rests in eastern Virginia within a reasonable drive to Richmond. The strategically placed community rests near the Rappahannock River, which offers beautiful scenery and recreational activities such as boating, fishing, and kayaking. This vibrant, historic, waterfront community is known for world-class medical services, modern infrastructure, and revitalization. The area also offers shopping, dining, and family-friendly events.

The practice produced over $845K in total revenue in 2021 and wrapped up last year with an incredible 23% increase! In 2022, the practice produced over $1.04M in total revenue. The practice has year-over-year growth and is currently seeing 20% growth through July 2023. There is a great deal of potential for a new owner to continue to increase revenue due to the high demand and minimal competition in the area.

The hospital rests in a freestanding facility of approximately 2,500 SF and rests on a little under a half-acre of wooded real estate. The practice is well-equipped with digital X-rays, an IDEXX lab, has 2 exam rooms, a surgery suite, and more. The current owner leads the practice along with their full-time associate who has been with the practice for over 40 years.

The current owner has worked hard to build this practice and is ready to retire and sell the practice along with the real estate to an independent veterinarian. They are happy to stay on part-time and mentor a younger veterinarian for up to 6 months. The seller will help where needed to ensure a smooth and successful transition for the new owner, their staff, and their loyal clients.

In Association with Kristen Zimmerman | Licensed Virginia Broker #0225231639

Property Information

Real Estate:

Real Property Included

Location:

Eastern VA

Size in square feet:
2,500