Los Angeles is located in a large basin bounded by the Pacific Ocean on one side and by mountains as high as 10,000 feet on the others. Los Angeles is the center of the Los Angeles metropolitan area, with 13.1 million residents the second largest in the United States after New York City. The city is also one of the most substantial economic engines within the nation, with a diverse economy in a broad range of professional and cultural fields. Los Angles is often billed as the “Creative Capital of the World”, because one in every six of its residents works in a creative industry and there are more artists, writers, filmmakers, actors, dancers and musicians living and working in Los Angeles than any other city at any time in history. Available for purchase in this area is a 1 DVM small animal practice, in an 1800 sq. ft. free standing facility. Gross revenue for 2017 was > $1M. The new owner’s expected compensation, after loan payments, is expected to be over $230,000! Practice Price: $800K, RE: $1.2M.
Listing Number: NC82