Practices For Sale

Ref# 4481

Status: Conditionally SOLD

Location: British Columbia

Gross Revenue: ~$1,805,260

Appraised Value: $1,630,000

Asking Price: $1,650,000

Cash Earnings: ~$709,860

Great Vancouver Area

ROI Corporation is pleased to present an excellent opportunity for ownership in the Greater Vancouver area.  This well-established, small animal veterinary practice is located in busy strip mall.

Our vendor set up this clinic in 2002 to take advantage of its strategic location.   Primarily a companion animal practice, this clinic attracts over 40 new clients per month.  The clinic is just under 1,300 square feet and recently renovated.  In addition to 2 exam rooms, surgery, lab this well-equipped clinic also has private office, and staff room.

The office is located in a very desirable location, with excellent visibility, highly accessible by public transportation and ample parking.  Our client enjoys a long-term lease, with exclusivity and no demolition clause.

Our client is flexible regarding the transition period after the sale. They are willing to stay on as an associate if desired by the purchaser.

Highlights of this practice include:

  • Excellent location in high income residential area
  • Appointments are available 7 days per week
  • Ample free parking
  • Renovated in 2017 with modern décor and state of the art technology
  • Consistent annual growth year over year
  • Ten-year lease with option to renew to 2035
  • Revenue growth year after year
  • Owner plus 2 veterinarians

Additional Purchaser/Advisor Information:

  • Interested parties must schedule a personal interview.
  • Pre-qualified buyers will be shown the clinic and then provided with the appraisal
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

For more information, please contact Jackie Joachim, COO & Associate, or Cathy Scott, Associate.

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