Established over 20 years ago, this business is one of the leading and well-known veterinary service providers in Auckland, New Zealand.
The business delivered a normalised EBITDA of $446,000 in 2020 and is on track to make $650,000 normalised EBITDA in 2021.
Situated in an advantageous location, being accessible to high profile and affluent clients, over 90% of the company's revenue comes from its repeat customers.
It's fully managed, led by a Practice Manager and a team of 20 experienced and highly capable staff, who have the skills to guide the organisation through successive stages of growth.
They're a one-stop-shop comprising of:
*Multiple practice consulting and surgery rooms equipped with digital x-ray, dental, ultrasound facilities and in house laboratory
*Boarding cattery, dog & cat grooming facilities
*Puppy preschool classes
*Specialist and referral treatments
Reputation, relationships with suppliers, customers, and referring veterinary clinics act as key barriers to entry and there is plenty of scope to grow as the NZ pet industry has become a multi-billion-dollar industry, especially in the recent economy, in New Zealand.
This is a rare opportunity for a driven operator to purchase a top veterinary practice and grow it significantly, or if you have an existing vet business, this would be a great bolt-on for instant growth through acquisition. The current owner is prepared to do a handover over a reasonable period.
Contact Pauras Rege - 021 155 8107.
Price on Application
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