Illinois State Veterinary Medical Association | 1121 Chatham Road Springfield, IL 62704

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Illinois State Veterinary Medical Association within the Springfield Region
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Small Animal Veterinary Practice for Sale - St. Clair County, IL

Small Animal Veterinary Practice for Sale - St. Clair County, IL

This small animal veterinary practice is located in the East portion of the Greater Metro St. Louis Area in the populous St. Clair County.
This town is surrounded by a robust economy that continues to grow and contribute to a strong market demand for consumer services.
Currently, the total addressable market of this area for veterinary services is above $30 million with an
estimated $5 million potential in residual revenue available within a 12 mile radius.

The practice has a 4.8 star Google rating and is located on the main strip of the town, resulting in a high daily traffic count with great visibility.
The neighboring shopping center and plethora of local neighborhoods serve as a great foundation for continued growth.

The real estate consists of nearly 1,600 square feet residing on 1.15 acres of land and possesses expansion opportunities.

As a one doctor practice with room for two FTE, this veterinary clinic is highly profitable, sustaining an 18%+ adjusted EBITDA and $1.2+ million in gross revenue over the past four
years. This excellent production is a direct result of the highly skilled team and operational efficiencies in place at this practice. With an average tenureship of over 10 years,
the family-like culture that exists has played a large role in the legacy and continued success of the business.

After more than 30 years of providing superior service to thousands of clients and patients, the owner is ready to sell this amazing facility with real estate included.
Other notable features of the sale include: all operating assets, existing equipment, inventory, and client records.

This is a fantastic opportunity for a growth-oriented owner or veterinarian with an interest in ownership to acquire an established business!
The current owner may be willing to continue working part-time if the employment terms are agreeable.

Link to NDA Form: https://wkf.ms/3UdGeUe

propartnersteam.com

wes@ppwteam.com
05/22/2024
FOR SALE: Small Animal Veterinary Hospital in Rock Island County, Illinois (#IL8)

FOR SALE: Small Animal Veterinary Hospital in Rock Island County, Illinois (#IL8)

The veterinary hospital is nestled in a vibrant Rock Island County community along the Mississippi River. As part of the Quad Cities, the area offers diverse attractions, from scenic riverfront parks to cultural institutions and recreational activities.

The convenient location adjacent to larger cities like Davenport, Rock Island, and Bettendorf offers access to urban amenities while maintaining a close-knit community feel. Furthermore, its proximity to major Midwest hubs, including Chicago, Des Moines, and Minneapolis, makes it an attractive location for residents and professionals.

The clinic operates in a residential area with tremendous growth potential. Currently generating over $1.28 million in gross revenue annually, the practice, previously a 3-DVM establishment, now operates with the owner and an associate working full-time. With a high demand for veterinary services in the area and the clinic not currently accepting new clients, there’s ample room for expansion.

The practice facility spans approximately 3,200 square feet and includes four versatile exam rooms, diagnostic imaging capabilities with a new digital X-ray system, anesthesiology, surgery, a laboratory, a pharmacy, and more. The one-acre property also features a large green space ripe for development, whether for a boarding facility or outdoor areas for specialized treatments and play.

The current owner is ready to retire and seeks an independent DVM (or two) to purchase the practice and real estate. They are open to negotiating a transition period and offering part-time employment after the sale. This is an excellent opportunity for veterinarians looking to step into a successful practice in a thriving community.

In Association with Nick Libert | Licensed Illinois Broker #471.016048

(Listing Code: IL8)

NDA Link: https://go.psbroker.com/IL8

Contact: PS BROKER | info@psbroker.com | 800.636.4740
05/21/2024
FOR SALE: Small Animal Veterinary Hospital in Lake County, Illinois (#IL7)

FOR SALE: Small Animal Veterinary Hospital in Lake County, Illinois (#IL7)

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.

(Listing Code: IL7)

NDA Link: https://go.psbroker.com/IL7

Contact: PS BROKER | info@psbroker.com | 800.636.4740
05/07/2024
FOR SALE: Small Animal Veterinary Hospital in Northeastern Illinois (#IL6)

FOR SALE: Small Animal Veterinary Hospital in Northeastern Illinois (#IL6)

IMPROVED PRICE!

This long-established veterinary hospital rests in a vibrant and bustling suburb of Chicago. Known for its excellent quality of life and thriving economy, this diverse community offers a range of attractions and amenities. The city takes great pride in its award-winning schools and a well-developed and well-connected public transportation system. With its radiant community, diverse amenities, and exciting attractions, the city truly offers something for everyone!

The AAHA-accredited practice operates with a solo DVM working full time along with an excellent support team who are well-trained and diverse. This practice has a widespread clientele and is busier than ever! Last year, the practice produced over $670K in total revenue and has huge growth potential with its 4 exam rooms. One substantial area for growth is the expansion of the emergency department.

The practice is situated in a prime location on a main thoroughfare with quick and easy access to surrounding interstates and highways. The leasehold space housing the hospital consists of approximately 2,000 SF and offers a treatment room, a surgery room, an X-ray room, and a pharmacy room in addition to its exam rooms. The practice has excellent equipment and utilizes Cornerstone management software.

With the intention of retiring, the current owner wishes to sell this thriving business and will help in every way to ensure a smooth and successful transition for a new owner. They would prefer to work no more than 3 months post-sale. This is an excellent opportunity for an independent DVM, a group of DVMs, or a corporation looking to expand operations in this high-demand area.

(Listing Code: IL6)

NDA Link: https://go.psbroker.com/IL6

Contact: PS BROKER | info@psbroker.com | 800.636.4740
04/29/2024
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