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Small Animal Veterinary Clinic Surrounded by Upscale Neighborhoods
Listing ID: 49319
Location: Rogers, Arkansas, United States
Industry: Medical & Dental Businesses
Financials
Asking Price: $450,000
Yearly cash flow: $251,483
Revenue: $407,229
Real estate value: $170,000(Not Included in Asking Price)
Fixed asset value: $94,803(Included in Asking Price)
Inventory value: $70,000(Not Included in Asking Price)
Financing for buyers: No
Year Established: 1980
Employees: 3
Home based: No
Re locatable: No
Startup business: No
Loan desired: No
Investment desired: No
Business Details

This small animal veterinary practice has been a fixture in the community for 40 years! In addition to being well established, this clinic is located in an area that is surrounded by affluent neighborhoods, is just minutes from Wal-Mart corporate headquarters, and has easy access to a major freeway. This practice serves the Benton county cities of Bentonville, Bella Vista, Pea Ridge, Springdale and Rogers, with pet owners coming from as far south as Fayetteville, and from southwest Missouri to the north. Due to its longevity in the same location, this practice has excellent name recognition throughout Northwest Arkansas; the seller currently spends less than one percent of annual revenues on advertising. An overview of the services provided by this practice includes physical exams, vaccinations, dental care, animal boarding, laser surgery, post-operative therapy, surgical care, trauma and other medical services. The owner/DVM has two full-time employees – one of which is a licensed veterinary technician – as well as a part-time bookkeeper. Most lab tests are performed onsite by the vet tech. An adjoining lot with roadside frontage is available for sale (not owned by seller) for a new owner wishing to expand this well-known and highly respected practice. The clinic also has a very nice web site and prominent signage on a major thoroughfare.

Business location: As mentioned above, this practice does very little advertising. Opportunity exists to expand the practice with targeted marketing campaigns to surrounding neighborhoods and commercial districts. The current website could also benefit from basic search engine optimization. The facility itself is older, and could be updated with minimal effort. This practice can accommodate an additional veterinarian as it stands today, and there is space to expand the physical location to an adjoining lot (for sale separately by another owner). If you’ve never heard of Northwest Arkansas, we have one word for you – Walmart! In fact, several Fortune 500 companies call Northwest Arkansas home, including Tyson Foods, J.B. Hunt Transport, and the world’s largest retailer. Walmart’s prominence has brought the national spotlight to Northwest Arkansas, which continues to receive high rankings in national surveys like “Most Livable City,” “Fastest-Growing & Best Performing Economy,” and one of the “Top 25 Recession Resistant” parts of the country. Northwest Arkansas is ideally situated in the geographic center of North America and surrounded by the natural beauty of the Ozark Mountains. With the University of Arkansas in Fayetteville, a new minor league baseball team in Springdale, and a world-class art museum opening in Bentonville, Northwest Arkansas provides an enviable (and affordable) lifestyle in a business climate offering both economic opportunity and stability.

Business competition: There are three other small animal clinics in the surrounding area.

Business opportunities: As mentioned above, this practice does very little advertising. Opportunity exists to expand the practice with targeted marketing campaigns to surrounding neighborhoods and commercial districts. The current website could also benefit from basic search engine optimization. The facility itself is older, and could be updated with minimal effort. This practice can accommodate an additional veterinarian as it stands today, and there is space to expand the physical location to an adjoining lot (for sale separately by another owner).

Support and training: Seller will provide two weeks of training at no cost. Two loyal employees would most likely stay on with a new owner.

Reason to sell: Growing family

Attachments: Download Additional Information Document [Pdf]

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Contact Seller
Barbara Taylor
Phone: (479) 254-7887
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