Veterinary Practice in Mt. Vernon, NY

Mt Vernon, New York, United States

Asking Price-

Revenue$3,900,000

EBITDA$1,100,000

Cash Flow-

Description

Highly profitable Veterinary Hospital in a diverse, densely populated city in Westchester County with a population of approximately 73,000. It is an inner suburb of New York City, immediately to the north of the borough of the Bronx. The clinic has nearly 3,000 active pet clients. There are 5 full time staff plus the Owner/DVM; 1 LVT, 2 office staff, 1 Vet Assistant and 1 Kennel Assistant. Training and mentoring are provided for new and existing staff. The hospital has a 4.6 rating on Google with over 500 reviews.

Real Estate

Owned

Building Size: 2700 sq. ft.

Inventory

Included in Asking Price

Number of EmployeesFull-Time: 5

Year Established

1930

Reason Selling

Health, needing to slow down.

Facilities & Assets

The facility was constructed in 1940 but has been renovated as recently as January, 2020. With 2,700 square feet, the practice has 2 exam rooms, 30 kennels, 1 surgery suite and 1 dental suite. There is ample room for expansion on the property.

Support & Training

Training and mentoring are provided for new and existing staff.

Market & Competition

Mount Vernon, New York, is a diverse, densely populated city in Westchester County with a population of approximately 73,000. It is an inner suburb of New York City, immediately to the north of the borough of the Bronx. The median household income for Mount Vernon is approximately $82,000-$87,000. However, given that the practice serves Westchester County, the median household income for the county should be considered. That range is higher at approximately $119,000. This hospital generates a high average transaction cost and also high margin due to the more technical and higher end services provided. They have a 4.6 rating on Google with over 500 reviews. There is only one other Veterinary Hospital in Mount Vernon, 3 within a 2 mile radius, and 6 within a 5 mile radius.

Growth Opportunities

Mount Vernon is experiencing a targeted revitalization-driven growth spurt with the city focusing on re-establishing its downtown. However, Westchester County overall is experiencing rapid, broader population growth, leading NY State in gains between 2024 and 2025.

Business listed by

Legacy Connect Partners LLC

Related Categories

Veterinary Practices for Sale

•Business for Sale in New York