Full Service Veterinary Hospital & Clinic
Business Description
Full Service Veterinary Hospital & Clinic - Established 1977
This well-established veterinary hospital presents an exceptional opportunity for a qualified veterinarian or veterinary practice investor. Founded in 1977 by the current owner, this full-service clinic has built a loyal client base over nearly five decades of continuous operation.
Financial Performance:
- Annual Revenue: $1,125,000
- Asking Price: $1,450,000 (1.29x revenue multiple)
- Strong financial foundation with consistent operations since establishment
Location & Facilities:
- Prime Richmond, VA location on major highway
- Within 1 mile of Richmond's busiest circumferential beltway
- 2,100 square feet of professional veterinary space
- Real estate included in sale (valued at $250,000)
- Strategically positioned for maximum visibility and accessibility
Operational Assets:
- 6 dedicated employees providing continuity of care
- $75,000 in fixtures, furniture & equipment
- $24,000 inventory included in asking price
- Comprehensive veterinary services offered
Growth Potential:
- Exceptional growth opportunities driven by residential expansion
- Major new residential, multifamily, and retail developments under construction or recently completed
- Home values in surrounding area range $400,000-$600,000
- Housing stock has grown consistently over past 5 years
- Additional developmental land available, indicating continued market expansion
Competitive Advantages:
- Nearly 50-year operating history demonstrates market stability
- Established customer relationships and reputation
- High-traffic location with excellent visibility
- Growing affluent residential market creating increased demand for veterinary services
Transition Support:
- Current owner retiring after successful long-term ownership
- Comprehensive transitional training and ongoing support provided
- Experienced team in place to ensure smooth ownership transition
This turnkey veterinary practice offers an ideal combination of established operations, prime location, and significant growth potential in Richmond's expanding market.
This well-established veterinary hospital presents an exceptional opportunity for a qualified veterinarian or veterinary practice investor. Founded in 1977 by the current owner, this full-service clinic has built a loyal client base over nearly five decades of continuous operation.
Financial Performance:
- Annual Revenue: $1,125,000
- Asking Price: $1,450,000 (1.29x revenue multiple)
- Strong financial foundation with consistent operations since establishment
Location & Facilities:
- Prime Richmond, VA location on major highway
- Within 1 mile of Richmond's busiest circumferential beltway
- 2,100 square feet of professional veterinary space
- Real estate included in sale (valued at $250,000)
- Strategically positioned for maximum visibility and accessibility
Operational Assets:
- 6 dedicated employees providing continuity of care
- $75,000 in fixtures, furniture & equipment
- $24,000 inventory included in asking price
- Comprehensive veterinary services offered
Growth Potential:
- Exceptional growth opportunities driven by residential expansion
- Major new residential, multifamily, and retail developments under construction or recently completed
- Home values in surrounding area range $400,000-$600,000
- Housing stock has grown consistently over past 5 years
- Additional developmental land available, indicating continued market expansion
Competitive Advantages:
- Nearly 50-year operating history demonstrates market stability
- Established customer relationships and reputation
- High-traffic location with excellent visibility
- Growing affluent residential market creating increased demand for veterinary services
Transition Support:
- Current owner retiring after successful long-term ownership
- Comprehensive transitional training and ongoing support provided
- Experienced team in place to ensure smooth ownership transition
This turnkey veterinary practice offers an ideal combination of established operations, prime location, and significant growth potential in Richmond's expanding market.
About the Business
- Years in Operation
- 48
- Facilities & Assets
- This 2,100 SF free standing building provides ample on site parking. Large waiting room, 3 exam rooms, surgical suite, pharmacy, lab, x-ray room, isolation room, indoor kenneling, 2 bathrooms and storage. Current patient base 13,000+.
The owner of the business holds title to the real estate. It is included in the asking price and is debt free. - Market Outlook / Competition
- The business is in a prime location, fronts on a major highway within 1 mile of Richmond's busiest circumferential beltway. Major new residential/multifamily/retail properties are either under construction or completed. Residential market pricing is in the high $400,000-$600,000 values.
- Opportunities for Growth
- Exceptional. Growth of housing stock has increased consistently over the past 5 years. Developmental land remains available at increasing prices.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,100
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Support as well as adequate transitional training will be provided.
- Financing Options
- To be determined
Listing Info
- ID
- 2214502
- Listing Views
- 273
Listing ID: 2214502 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
