This 50% price drop on the practice is not associated with the CoronaVirus, its simply the seller wanting to sell sooner rather than later. The practice is still doing good. It’s not often a seller slashes the price by over $500,000!!!!! This is a nice small animal practice, 1 DVM+, Revenue in 2019 was $1,512,185. The practice is situated at the base of the Sierra Nevada foothills and was first established as the home base of navigation for gold mines during the California Gold Rush. One of the first gold mining sites in California was found just six miles from the city. Thousands of prospectors rushed to the Oroville area quickly turned it into a boomtown. In the early 20th century the Western Pacific Railroad completed construction of its route through the Sierra Nevada mountains. The Mediterranean climate provides spectacular weather with dry warm summers. The area receives approximately 31 inches of rainfall yearly and it’s known for its moderate winter season. Loads of recreation surround the area. There are 5 colleges within 50 miles of the practice. The free-standing building is 2900 sq.ft. on a large city lot. Currently only operated 5 days a week means a big upside potential for Saturdays. Buyer after debt income projected to be over $400,000. This is a profitable, solid practice. Practice Price
$1,100,000 Now just $550,000. Real Estate Price $750,000.
Listing Number: NC92