Under Contract – Redding, California

fall trees in nature
Listing Number: NC66 |

Highly motivated seller. Due to a medical condition this owner needs to sell immediately. The price has been drastically reduced. 1+ DVM small animal practice located in a freestanding building that is 2400 square feet on nearly an acre lot.  It was built in 1998, has 2 exam rooms and is constructed of stone & brick.  Newly remodeled lab area and doctor’s office. Operated Monday thru Friday with no current office hours on the weekends providing plenty of personal time off.  No need to worry about emergency calls late at night or on weekends, there’s an emergency clinic just 3 miles from the practice.  2022 revenue >$1M.  And that is on a 4.5 day work week! Revenue in 2023 +/-$800,000 due to Owner illness. Owner is offering a special incentive to purchase, a $20,000 new equipment stipend so you can add anything new you want to, or get $20,000 cash back at closing if you pay the asking price. Practice Price: $650,000 Now only $499,000. NO REASONABLE OFFER REFUSED. Real Estate Price: $695,000.  Buyer’s expected after-debt compensation (income) is expected to be over $150,000 after both the practice and real estate loan payments.

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