Small Animal Veterinary Clinic for Sale in Little River County, Arkansas
This veterinary clinic is situated in a charming city within Little River County, Arkansas. With its combination of industries like agriculture, manufacturing, and healthcare, the city presents an environment conducive to growth.
The clinic, currently operating with a solo DVM working one day per week and three full-time staff members, holds immense potential for development. Last year, the practice generated approximately $423,000, mainly due to the current doctor’s extremely limited hours. The practice has increased its revenue this year and is currently at 5% growth through October 2024.
Aside from simply offering full-time care, there are additional revenue opportunities through offering boarding and expanding on grooming services, which the facility has the perfect setup for. The facility could also accommodate equipment for large animal care if the new owner were interested in adding those services.
The practice facility spans 1,782 square feet on a one-acre parcel of land and includes two exam rooms, a surgery room, a treatment area, and ample boarding space. The clinic’s infrastructure, coupled with its strategic location and lack of direct competition, presents an ideal opportunity for a full-time veterinarian to step in and take the reins.
The seller’s commitment to facilitating a successful sale is strengthened by their willingness to provide relief assistance for a negotiable period during the transition of this turnkey practice and real estate. The seller is open to the possibility of self-financing a portion of the sale for a qualified buyer. With strategic management and a vision for growth, a new owner has the potential to maximize the clinic’s capabilities, tapping into the high demand for services in the area.
In Association with Scott Deaton | Licensed Arkansas Broker PB00056797
The Undersigned understands that in connection with the possible acquisition of the veterinary practice, hereinafter referred to as the “Business” and specifically referred to by the LISTING CODE; PS Broker may furnish proprietary information which may include the financial condition and operational information of the Business.
Undersigned understands that PS Broker is the Seller’s Agent for all matters relating to the sale of any veterinary practice presented to Undersigned, and all contacts with PS Broker’s Exclusive Client, hereinafter referred to as “Seller”, shall only be negotiated through PS Broker.
Undersigned understands and agrees that the value of all veterinary practices depends on maintaining reliable employees and retaining clients who are loyal to the veterinarian and the practice. The Undersigned agrees that employees and clients could be lost if there is a premature announcement that the Seller intends to sell the Business; therefore, the release of such information before closing on the sale of the Business has a high probability of causing significant financial damage to the Seller and/or the Business.
Undersigned further understands and agrees that Seller and/or the Business would be damaged by disclosure of Seller’s or the Business’s financial information, client lists to competing veterinarians, or to other persons who may inadvertently or intentionally disclose such information to competitors.
In consideration for PS Broker providing confidential information relative to the Business to the Undersigned, the Undersigned agrees as follows:
1. Not to discuss any aspect of the Seller or Business disclosed by PS Broker with any other person, except immediate advisors, and prior to such permitted disclosures, each of my advisors agrees to maintain the same confidentiality. I accept full responsibility for the confidentiality of my advisors. In the event of a breach of this Non-Disclosure Agreement, I shall be responsible for any actual damages caused to a Seller or PS Broker, and such Seller may seek a legal injunction to prevent further disclosure.
2. Clients’ names and addresses, and detailed financial information of a Seller and Business are “trade secrets” as defined by the statutes of the state where the Business are located and cannot be disclosed for any purpose other than deciding whether to purchase the Business or not. Any disclosure of these trade secrets shall be actionable under the applicable statutes if not authorized in writing by the Seller or PS Broker.
3. Not to contact the Seller, their employees, suppliers, competitors, attorneys, accountants, or clients, except through PS Broker or without prior permission from PS Broker.
4. To evaluate all information within a reasonable period of time. If I decide not to purchase a Business presented by PS Broker, I shall return or destroy all written and tangible information, including notes I’ve made to PS Broker, and shall certify that all such information has been returned or destroyed, including any information disclosed to my advisors.
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Type: ALL PRACTICES (For Sale)
Price: 0
Area: 423K Gross Revenue | Solo Doctor
Property ID: AR5