Profitable Vet Practice in Western Sydney - First time on the market

0
(0)

Sydney 2000 Sydney, New South Wales, Australia

8 1213
$4,500,000
624845112
6 months ago

Reference ID: 624845112

Highlights

  •  Revenue of $2,448,050
  •  EBITDA of $881,628
  •  Unique Mobile Vet Clink with Onsite Vet Hospital
  •  Established over 20 years in the local area. First time on the market

Overview

A stable long-standing professional and affordable veterinary health clinic established in the West of Sydney. The business provides vet services in the variation of consultations, vaccinations, dentistry, microchipping, radiology and surgery. Open 6 days a week and has a revenue of $2.5m combining its an on-site hospital as well as mobile service vehicle.

  • Asking Price $4,5m

2021
2020
2019
2018
Revenue
$2,448,050
$2,029,793 $1,820,151 $1,526,573
EBITDA

$881,628

$751,056 $587,744 $301,383

About

Business Highlights

- Services offered: Mobile Vet Clinic Service, Nutrition Counselling, De-sexing, De-worming, Dentistry, Microchipping

- Consultations focused on small animal care

- business has been growing steadily throughout its lifetime and much more rapidly in the last three years. 

- The owner is open to a substantial earnout period to provide the new owner with confidence and a timeframe to have the clinic run under management. 

- Staff are long term and happy to stay on after the acquisition. Have strong relationships in the area. 

- Local areas have a population that is increasing of small animals as pets with more young families moving to the area due to new housing developments in close proximity. 

- Up to date IT systems make the practice easy to manage. These systems include. Xero for financials, CRM called WorkETC, Panacea (software designed specifically for vets clinics) and Butterfly being used for stock management). Daily apps are MS 365 and Google Apps. 

- Reason for the sale is owner wants to retire. 

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