Posted: March 7, 2022 at 2:43 pm
Location: North Central AR
Asking Price: Contact PS Broker
This full-service practice rests in a beautiful, rural area of north central Arkansas, near the Arkansas-Missouri boarder, in the Ozark Mountains. The practice is conveniently located with easy access to major highways. The area has become increasingly popular, and this practice busier than ever! The practice has over 2,000 clients, each with multiple pets. The practice is also currently averaging about six new clients each week.
From a business perspective, this practice is operating at a great level of productivity considering it is presently a solo DVM practice. This established practice grossed over $432K in 2020 and wrapped up December 2021 with a 13% increase for the year! The practice produced a 2021 gross revenue of over $489K. Based on the preceding three years, the practice has an average annual growth rate of over 11%. The current owner does provide some farm visits for large animal services, but most of the income is produced from the small animal services.
The facility housing this veterinary practice is of approximately 1,500 SF and rests on a beautiful, 5-acre property. The land is level and fenced which is a rare and sought-after item in this area. The property has 2 entrances: one from the north and one from the west. The practice facility is set well back from the road and contains ample client parking space. The facility has a spacious and well-organized layout. The practice is beautifully maintained and extremely organized. The facility also has a brand-new roof!
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