Business Summary:
This well-established veterinary practice is located in Stockholm, Saskatchewan, serving a 60-mile radius that encompasses both urban and rural communities. The clinic specializes in providing comprehensive veterinary services for small animals and livestock, making it a vital resource for pet owners and farmers alike. With a balanced clientele consisting of approximately 50% companion animals (primarily dogs and cats) and 50% livestock (including horses and cattle), they have positioned themselves as a versatile provider of animal health care. The clinic boasts a spacious 5,300 square foot facility designed to accommodate two exam rooms and one consult room, a dedicated surgery suite, a treatment room, and an X-ray room. Key service offerings include: ambulatory services, preventative care, emergency surgery, and routine checkups. The team consists of nine fulltime employees including: two Office Administrators, four Registered Veterinary Technicians, one Non-Registered Veterinary Technician, a Vet Assistant, and Kennel Staff. The current owner plays an active role as the Licensed Veterinarian, dedicating over 40 hours per week to patient care, general oversight of operations, and emergency services. The decision to sell comes from the desire to plan for retirement – the seller has offered to stay with the business for 1-2 years with the option to extend if the buyer desires. Priced at $915,000 a 15% down payment of $137,250 can return $167,793 in the first year after debt payments. Growth opportunities include increasing the Medical Staff, implementing a marketing strategy, and expand into herd health consultation. Offering specialized herd health management services could appeal to local farmers looking to optimize livestock productivity. These opportunities present significant potential for revenue growth while enhancing community engagement. v
|
|
|
