Veterinarian Professional Corporation / Veterinary Hospital P – Central North-West Kansas

This animal hospital is a mixed veterinary practice and has been incorporated as a professional corporation (P.A.). The veterinarian of this very successful Animal Hospital has decided to retire, at age 66 he is proud of the more than 35 years of service he has given to his local community. Serving North Central Kansas since 1976, this practice has been providing complete animal care services to large and companion animals. Services offered include; advanced diagnostics, state-of-the-art surgery, preventive health care, sales of veterinary products, as well as animal care including boarding and grooming. They also offer routine prevention of diseases and medical issues, dentistry, radiology, laboratory analysis and are available for emergencies. The owner does not want to leave the area until a successor can be found for the practice. Although this business is currently operated by a single practitioner, the practice is large enough for two full time veterinarians and assistants. The practice currently employs five people. The sale would include all of the assets, equipment, supplies and a well-established client list. The real estate and facilities are owned by the owner who would prefer that these assets transfer with the business. There is opportunity for continued growth as revenue over the past 5 years has grown at a compound annual growth rate of 9.77%. The practice currently delivers $517K in gross revenues (2012). Net profit / income to the business is currently about $125K, representing a profit margin of 22% (above industry averages). Annual discretionary cash flow earnings to a new owner, i.e. adjusted EBITDA, will range from $175K - $225K, sufficient to service some debt financing. The estimated value range from operations of this practice is between $225K and $325K (excluding receivables, inventory, liabilities and facilities).

* Adjusted EBITDA = EBIT plus Depreciation and Adjustments (excluding Owners compensation)

Click here to enlarge table

 

If you are interested in any of these offers or would like more information about the program or process, please contact Denton Zeeman at 785-864-8863, dentonz@ku.edu, or redtire@ku.edu.

 

View All Veterinary Practices


The University of Kansas prohibits discrimination on the basis of race, color, ethnicity, religion, sex, national origin, age, ancestry, disability, status as a veteran, sexual orientation, marital status, parental status, gender identity, gender expression, and genetic information in the university’s programs and activities. Retaliation is also prohibited by university policy. The following persons have been designated to handle inquiries regarding the nondiscrimination policies and are the Title IX coordinators for their respective campuses: Executive Director of the Office of Institutional Opportunity & Access, IOA@ku.edu, 1246 West Campus Road, Room 153A, Lawrence, KS 66045, 785-864-6414, 711 TTY (for the Lawrence, Edwards, Parsons, Yoder, and Topeka campuses); Director, Equal Opportunity Office, Mail Stop 7004, 4330 Shawnee Mission Parkway, Fairway, KS 66205, 913-588-8011, 711 TTY (for the Wichita, Salina, and Kansas City, Kansas, medical center campuses).