East GTA Veterinary Clinic
Welcome to a unique veterinary clinic acquisition opportunity in the east GTA
Just listed: A rare opportunity to acquire a growing veterinary clinic in a high-growth Toronto commuter town
Positioned for Growth
This is a young clinic positioned for rapid growth. Unlike a typical start-up veterinary clinic, however, it is well established and has an active and growing clientele, which translates into significant revenue immediately at the time of acquisition, impressive new client numbers and accelerated growth post-acquisition. It also does not require time be taken post-acquisition for renovations or other activities that would necessitate the clinic to close or operate below its full revenue potential.
Great Location
The clinic is on a major commuter road and, as such, draws from a larger area than a typical clinic of its size. The clinic is well-built, well-maintained and has good curb appeal. As well the clinic's property is not limited by space, offering ample parking and room for growth.
Potential High-Growth Real Estate Investment
The property title and mortgage are held by the clinic. Should the buyer wish to acquire the real estate as well, this allows the property to transfer with the sale of the clinic seamlessly, negating the need for a separate real estate purchase transaction, and the associated commissions, fees and taxes.
Fantastic Timing
From a business perspective, the sale benefits from timing. The acquisition of the clinic in proximity to heartworm season maximizes revenue quickly, stabilizing cash flow for rapid growth.
Turn Key
The clinic was renovated in both 2017 and 2019, and still has significant additional space for future growth. It sells with all equipment, including a new anesthetic machine and high-end anesthetic monitor purchased in 2019. Walk in and start practicing immediately!
Reason for Sale
This clinic was originally purchased in partnership allowing for on-site and remote management. Due to unexpected circumstances, the partnership ended and the clinic has been managed remotely with care provided by associate and locum veterinarians. The clinic's growth and huge potential make the sale a difficult decision, however the clinic's owner is simply too far to effectively manage day-to-day operations. The presence of an on-site owner operator would unleash the clinic's enormous potential.
It is rare to find a clinic of this size and location available for sale at this point in the clinic's growth.
Flexible Terms
The terms of the sale are flexible. The owner would consider outright sale, or a partnership with an owner-operator (as this clinic will grow rapidly with a motivated on-site owner). The owner is also willing to be creative with sale terms, including owner take-back financing or other options - the owner's motivation is to see this clinic continue to grow and serve it's great clients under a fantastic owner.
Financial Overview
The clinic continues to grow rapidly, with a significant new client base poised for the 2020 heartworm season.
Revenue
Estimated year-end revenue is shown for 2019 and then projected beyond, based on conservative growth targets. With skillful management, it should be quite possible to exceed this projection.
Valuation
The valuation is based on a conservative net present value projection using a 5% rate of return (discount rate).
Valuation at 5% discount rate: $397,610. We are open to offers.
Additional Information
For additional information on this exciting opportunity, and to view the clinic, please email veterinaryclinicgta@gmail.com with the subject "East GTA Veterinary Clinic".