NOTE: This is an established, small animal practice that is being sold as the owner is ready to retire. However, it is a bit unique in that the practice must be relocated with the transaction.
This small animal practice is in northern New Jersey, west of Newark, near Interstate 287. The practice is mostly solo and has been growing in spite of Covid. The revenues hit $1 million for the twelve months ending June 2020.
PURCHASE: As noted, a new home must be found for the practice. There are several options so the practice does not need to be moved far. The move can be coordinated with the purchase and the owner will help with the transition. The team is committed to the practice and is expected to stay.
MERGER: This is also a great opportunity for a practice owner in the area that is looking to grow their practice. When done correctly, a merger is win-win for everyone, especially the pet owners.
Either/both of these options can be explored further once a confidentiality agreement is completed.
Listing Number: NJ218