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Medical Practices for Sale


Below are specific practices that are currently available. Basic information is provided. Detailed information will require signing of a Confidentiality Agreement. To obtain a Confidentiality Agreement, please click here.
State Area PX Type

Price

Description
MO Kansas City Veterinary
Small Animal
$510K

 This is a two doctor small animal practice opportunity in Kansas City Missouri  with 2007 revenues reported at approx. $650K and growth in the first quarter in 2008.  Net is reported to be high and the practice should be able to deliver a very nice salary after accounting for debt service on practice and real estate.  Doctors hours are reported to be 40-45 hours per week. The facility is 3300 sg. ft in an well established community just outside the beltway. The facility is older, but shows well and has been well maintained. It also has income property associated with the building from a long term tenant and provides $6600  in annual income. The real estate was appraised at $320K. These partners wish to retire, but would be willing to stay on in a part-time basis after sale completion as employees to ensure  a smooth and effective transition. The sellers have also devised a plan to help ensure the employees stay with the practice after closing on the sale. The typical purchase of the entire practice includes furniture fixtures, equipment, working level of supplies and drugs, and all intangibles (goodwill, covenant not to compete, client lists, going concern values, relationships and operations).  Confidentiality agreements are required before disclosing detailed information about the practice.  This will be a direct referral to the seller after confidentiality agreements have been put into place. Financing available to qualified buyer. Contact Mike Terry at ksmt53@hughes.net or call 785-566-3307. 

IA Davenport Medical
Family Practice
$250K

or $150K

or $100K

 This is a 1-2 doctor family practice opportunity in Davenport Iowa. The 2007 revenues approximate $550K. Collection percentage is reported to be 65%-70%and payer mix is 5% cash, 19% traditional health insurance, 10% HMO, Medicaid 22%, Medicare 25%, Blue Cross Blue Shield, Champus 1%. The facility is currently leased and paid month to month. Stats reported to PSPPSS - number of clients with at least one visit in last 2 years 2929, average new clients per month - 23, geriatrics - 40% of clients, average patients seen per month - 415.  Practice may be purchased as is where is, merged with another practice, or one could just purchase the equipment. The typical purchase of the entire practice includes furniture fixtures, equipment, working level of supplies and drugs, and all intangibles (ie. goodwill, covenant not to compete).  Confidentiality agreements (CA) are required before disclosing detailed information about the practice.  Direct referral of the buyer to the seller will occur after the CA has been signed. Financing available to qualified buyer. Contact Mike Terry at ksmt53@hughes.net  call 785-566-3307. 

MO Near Springfield Veterinary
Mixed Animal
$225K This practice has two locations and is reportedly 55% small animal and 45% large animal. Gross in 2006 was reported at $571K. Owners says the small animal potential is tremendous. Six employees reported. Price of practice $225K, real estate price $175K (for both locations). Direct referral to owner after confidentiality agreement has been put into place. Contact Mike Terry at ksmt53@hughes.net or call 785-566-3307.  Updated info coming soon.   
KS Near Russell/Hays Veterinary
 Small Animal
$200K

 This is a high tech/high touch/diverse treatment option solo small animal practice opportunity with 2007 revenues at approximately $443K and good historical growth for the last 5 consecutive years. Doctors hours are reported as being 33-43 hours per week. This practice strives to deliver the best that veterinary medicine has to offer and has developed a clientele willing to pay for it. The facility is 5000 sg. ft with an excellent floor plan in a free standing building with an attached 14 acres. Exposure to street traffic is excellent and a major highway passes nearby.  The facility shows well and has modern equipment which includes ultrasound, EKG, tonometer, lift table, Lasercyte and Vettest Snap lab equipment, BP monitor, surgical laser, automatic x-ray processor, Innovet x-ray and much more. The land and building was appraised as $350K and excess land can be split off if a lesser price (reduce by $50K) was desired. The owner wants $200K for the practice. Package price is $550K. Cash flows are being estimated at $100K after accounting for the purchase of the land at the stated price. The typical purchase of the entire practice includes furniture fixtures, equipment, working level of supplies and drugs, and all intangibles (goodwill, covenant not to compete, client lists, going concern values, relationships and operations).  Confidentiality agreements are required before disclosing detailed information about the practice.  A pictorial review of the practice is available on-line after confidentiality agreements have been received. Financing available to qualified buyer. Contact Mike Terry at ksmt53@hughes.net or call 785-566-3307. 

MO St. Louis
area
Veterinary
Small Animal
$275K AAHA certified. Gross $356K reported in 2007 and showing generally consistent growth, but not being worked to true potential. Good location on/adjacent to busy highway. Excellent leasehold facilities with 3000 square feet with transferable lease. Well equipped with newer equipment. Take emergencies or refer to local emergency clinic. Owner estimates cash flow (salary + profit) at $96K. Direct referral to owner once confidentiality agreement is put in place. Contact Mike Terry at ksmt53@hughes.net or call 785-566-3307. 
MO Near Lake of Ozarks Veterinary
90+% Small Animal
$325K This is a central Missouri practice. Gross in 2006 was $523K and good growth has been shown for most of the last 5 years. Net approximated $115,000 with 36 hour scheduled work week (42 hours/wk with emergencies). Currently 90+% small animal, however, the facilities, large animal work and income is there for the veterinarian so inclined. Facilities are listed as being 3200 square feet with separate covered large animal working facility. The asking price of the facility is $250K. Lot size is approx. 153ft x 304ft. Equipment is modern and listed as mostly being less than 5 years of age. Six lay staff are listed as employees and all would be expected to stay after a sale. The owner rates them a 5, on a 1-5 scale. Inventory varies depending upon time of year. Direct referral to owner after confidentiality agreement has been put into place. Contact Mike Terry at ksmt53@hughes.net  or call 785-566-3307.     
MO South Central Veterinary
85+% Small Animal
Owner Wants Offers This is a south central Missouri practice. Gross in 2007 was reported at $296K and good growth over 2006 which was reported at $274K.  Currently, 85% small animal. Facilities are listed as being 3000 square feet with separate covered large animal working facility with hydraulic chute that tilts 360 degrees. The facility was recently appraised and sits on 0.8 acres.  Owners says the sky is the limit, if you want to work on horses. Equipment includes isoflurane anesthesia machine, 1 year old X-ray, Idexx 8008 lab machine, QBC, new centrifuge, computers with AviMark software. There are 2.5 employees and all would be expected to stay after a sale. New clients per month are reported to be 15+ per month for the last two years. Close to Mark Twain National Forest, Branson and other interesting areas. Direct referral to owner after confidentiality agreement has been put into place. Contact Mike Terry at ksmt53@hughes.net or call 785-566-3307.     
         
         
         
         
         
         
         
         
         
MO St. Louis
area
Veterinary
Small Animal
$275K AAHA certified. Gross $356K reported in 2007 and showing generally consistent growth, but not being worked to true potential. Good location on/adjacent to busy highway. Excellent leasehold facilities with 3000 square feet with transferable lease. Well equipped with newer equipment. Take emergencies or refer to local emergency clinic. Owner estimates cash flow (salary + profit) at $96K. Direct referral to owner once confidentiality agreement is put in place. Contact Mike Terry at ksmt53@hughes.net or call 785-566-3307. 
         
         
         

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