Summary: 
$191,000 in Sales growth and room to expand
Business Type: 
medical
Location: 
Nebraska
Price: 
$625,000
Sales Revenue: 
$916,221
Cash Flow: 
$156,466
Realestate Included: 
No
Employees: 
10
Internal Listing:: 
ANI006
Reason for Sale: 
Retirement

$131,000 in Sales growth and room to expand. Just a country drive outside of Omaha, this clinic is fully staffed with 2 non-Owner Veterinarians, 1 LVT, an office manager, and 7 support staff. The client base is growing quickly, adding 60 new clients per month to the current total of 2200 active clients, each with a minimum of $130.00 per transaction. The clinic, which is housed in an historic building in the heart of the city, has been fully updated and has a new digital x-ray and blood machine. This full service clinic does surgeries, health checks and vaccinations, and even has a 1099 groomer. There is a lab on site, 2 exam rooms, and a surgery room to keep the office running smoothly. Pet owners can even board their pets and feel confident that their companions are getting plenty of exercise in the outdoor run area. There are current growth opportunities with extra space large enough to add a large animal clinic, expand the boarding facilities, or add another type of specialty to the current offering.
After all debts and expenses are paid, with a $0 down payment, the buyer can expect to profit $42,991in the first year after all debts and expenses are paid.

Financial Overview
List Price: $625,000
Gross Sales
2015: $916,221
2014: $785,629
Owner Profit/Cash Flow
2015: $156,466
2014: $149,201
YOY Growth/Sales Trends: $131,000 in Sales Growth, up from 2014!
Profit Margin: 17%
Multiple: 4
Valuation: 2015 Cash Flow x Multiple = Price
$154,466 x 4 = $625,864

Assets Included in Purchase: $192,000
Equipment: New digital x-ray and blood machine in 2014
Intangible Assets: 2,200 Active Clients, Website
Business Information
Years in Business: Continuously in business since 1918 - Current Owner: 10 years
Location and Service Area: Northwest of Omaha
Number of Clients: 2200 Active + 60 new/month
Reason for Selling: Retirement
Employees: 2 Vets (non-owners), 1 LVT, Office Manager, 7 Support Staff
Hours: 7am – 7pm M-F, 8-12 Sat
Seller Training Period: 90 Days
Growth Opportunities: Space large enough to add large animal clients if desired, expand boarding facilities, or add another specialty
Current Owner’s Responsibilities: Veterinarian, Takes care of bookkeeping

Funding Example
Purchase Price: $625,000
0% Buyer Down Payment: $0
20% Seller Financing: $125,000
80% Bank Loan: $500,000
After all debts and expenses are paid, with a $0 down payment, the buyer can expect to profit $42,991 in the first year after all debts and expenses are paid.

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