California Veterinary Medical Association

January | February 2022

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Brokers and Appraisers Practice and Real Estate Sales Transition Specialists Practice Appraisals Ellie Wattles, DVM, President, Broker Beka Herrera, Vice President, Broker Connie Burke, CPA, CVA, CM&AA MARIN COUNTY: Friendly community located just north of San Francisco. This exceptional practice is located adjacent to a major thoroughfare, across from a large mall. Highly functional facility has recently been renovated. The practice includes ~2,300 sq. ft. with 3 exam rooms. Equipment includes digital X-Ray, digital dental X-Ray and Antech lab equipment. Well-managed, paperless practice is currently operated with 1 DVM per day. The practice is experiencing increased revenue year over year. 2021 Projected Gross ~$900,000 with no weekend hours. Significant growth potential with increased hours. Possibility to convert into a multi-doctor practice. N NEW LISTING! PRACTICE PRICE: $763,000. SONOMA COUNTY: Approximately 1 hour north of San Francisco. Surrounding area offers a wide variety of amenities including wineries, biking, hiking & horse trails. Located in a quaint family-oriented community with outstanding climate and first-rate quality of life. Spacious facility is a true fixer-upper with many opportunities for redesign. ~2,300 sq. ft. reasonably priced facility is situated on a 6,000 sq. ft. lot. This booming practice, which offers modest fees, is currently operated as a busy single-DVM practice with equipment including DR X-Ray. 2021 Projected Gross ~$1,050,000. N NEW LISTING! PRACTICE AND REAL ESTATE PRICES PENDING. Please call for additional information. ORANGE COUNTY: Great multicultural community. The area features local highly rated schools and colleges/universities. Well- established PX located along a major thoroughfare and surrounded by housing communities. Roomy leasehold, free-standing facility consists of 2 exam rooms, 20 cages and 4 runs. Equipment includes DR X-Ray, dentalaire machine and Antech lab equipment. 2021 Projected Gross ~$727,000 produced with minimal DVM hours. Growth potential to expand business hours with new ambitious owner-operator. Rare opportunity to also purchase the facility (real estate) from the landlord. N NEW LISTING! PRACTICE PRICE: $550,000. REAL ESTATE FOR SALE. GREATER SACRAMENTO: Located approximately 25 miles northeast of Sacramento. Free-standing, leased facility consists of ~2,300 sq. ft with 2 exam rooms, 18 cages & 10 runs. Computerized practice includes digital X-Ray and ultrasound. 2021projected gross ~$1.3 Million. General full-service small animal hospital with special reproduction services. CALL FOR PRICING & ADDITIONAL DETAILS. KERN COUNTY: Situated in a growing community located ~1 hour North of LA with a strong agricultural, oil & general broad economic base including a new Amazon fulfillment center. There are many nearby amenities & affordable housing. This general Small Animal practice offers an ~3,000 sq. ft. facility with 3 exam rooms, 60+ cages and 10 runs. Equipment includes ultrasound & digital X-RAY. 2021 projected gross ~$1,245,000. Potential to significantly increase hours of operation to grow productivity. PRACTICE PRICE: $667,000. REAL ESTATE PRICE: $425,000 VENTURA COUNTY: Located in a great upscale community with excellent amenities, desirable demographics & highly rated schools. Family-friendly community. Attractive & modern, ~1,800 sq. ft leased facility is strategically located in popular shopping center. Equipment includes Abaxis Lab & Digital X-Ray. Underutilized PX /limited DVM hours. 2020 Gross: $467,000. PX is offered at less than a start-up. PRACTICE PRICE ONLY: $225,000. GREATER CARMEL: A unique community that embraces family, prosperity, and the highest quality of life. The Pet Spending Potential Index for the surrounding area is 96% higher than the national average. Well established, growing PX is in an attractive ~1,600 sq. ft. leased facility, including 2 exam rooms, 12 cages & 2 runs with room for expansion. Full service, small animal practice includes extensive equipment. 2021 projected gross ~$1.2 Million produced primarily with ~1 DVM per day and limited hours, including no weekend. PRACTICE PRICE: $824,500. GREATER LOS ANGELES: Situated near all the amenities that Los Angeles has to offer. Free- standing facility includes 2 exam rooms, 22 runs & 30 cages with options for redesign. Equipment includes 2 anesthetic machines, IDEXX lab equipment & DR X-Ray. 2020 Gross ~$2 Million produced w/ essentially 2 full time DVMs. Extremely profitable PX currently under-utilized with potential for increased services, hours, and revenues. Owner & associate open to remaining post-sale, under new ownership, if desired by new buyer. PRACTICE PRICE: $1,688,000. REAL ESTATE FOR SALE. SAN DIEGO, SOUTH BAY: Well-established practice is located within a strip center with the leased facility consisting of ~1,968 sq. ft / 3 exam rooms. Exceptionally well-equipped PX including Digital X-Rays (one for body and one for dental), Color doppler ultrasound, Abaxis analyzer (all owned by the practice). 2021 projected gross over ~$2 Million. Excellent growth and profitability. PRACTICE PRICE: $1,700,000. Wishing you a Happy New Year! Contact us to learn how we can help achieve your goals of selling or buying! 545 Sespe Avenue Fillmore, CA 93015 Phone: 805.524.3195 Fax: 805.524.3192 E-mail: PacProInc@aol.com Website: www.pacificproinc.com

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