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Vet Practice in Fairfield County – Absentee Owned

With a 39% profit margin in 2020!



  • Price

  • Revenue

  • Reason for Sale

  • Location
    Fairfield County, CT

  • Service Area
    Local clients

  • Profit Margin

  • Lease
    2,500 sq. ft. at $5,000/ month: 2 exam rooms, radiology, lab, prep area, retail area, office, reception

  • Employees
    8: 2 Vets, 1 Manager, 2 Vet Techs, 2 Vet Assistants, 1 Receptionist

  • Equipment

With a 39% profit margin in 2020, this absentee owned vet practice in Connecticut has been well-regarded in the community since 2015! Located in Fairfield County, the practice is an AAHA accredited clinic that serves small animal clients in their family-like atmosphere. The facility has two exam rooms, a reception area, prep area, and over $278,000 in assets to ensure the best possible care for their four-legged friends. The growing client base has contributed to the year-over-year expansion of this business, but the current staff is capable of accepting new clients without sacrificing high-quality care. The team currently consists of one part-time and one full-time veterinarian as well as two techs and two assistants. The absentee owner currently operates in an oversight capacity, making this an excellent opportunity to acquire a successful practice that is self-managed.  


The 2,500 square foot space features two exam rooms, prep area, in-house lab, radiology, and kennel area.  There is room to add additional veterinarians to the staff, increasing revenue, solidifying a wider client base, as well as it being an opportunity to extend operating hours, if desired. There are no hospital services on-site, but this clinic has partnered with local animal hospitals for emergency or complicated care cases. Growth could be found in expanding hours to accommodate evening clients or emergency services that do not rise to the level of hospital care. 

Currently operating in an oversight capacity, the owner is not responsible for billable hours at this location. With a full-time manager in place, this practice is well-positioned to continue operations.

Some highlights of this business:

  • Absentee ownership
  • 39% profit margin
  • Partnership with local animal hospitals
  • An AAHA accredited clinic

2,500 sq. ft. with exam rooms, prep area, in-house lab, radiology, and kennel area

Business Highlights

  • Revenue: $1,253,022
  • Cash Flow: $485,643
  • Year Established: 2015
  • Location: Fairfield County, CT
  • Client Base: Dogs, cats, hamsters and other small animals  
  • Services: Complete wellness exams, in house blood & urine services, dentistry, digital radiology, surgery, medications and small retail
  • Lease: 2,500 sq. ft. at $5,000/ month: 2 exam rooms, radiology, lab, prep area, retail area, office, reception
  • Reason for Selling: Divestment
  • Employees: 8: 2 Vets, 1 Manager, 2 Vet Techs, 2 Vet Assistants, 1 Receptionist
  • Hours: M-F: 8am-6pm, Sat: 8am-2pm
  • Seller Training Period: 1 year
  • Growth Opportunities: Hire more vets/vet techs to assist more clients, stay open later during the week and on weekends, expand emergency care
  • Current Owner’s Responsibilities: Oversight – Not responsible for billable hours. Only visits once per month. 

Financial Highlights

  • List Price: $2,125,000
  • Gross Sales:
    • 2020 Annualized: $1,253,022
    • 2019: $1,283,242
  • Cash Flow:
    • 2020 Annualized: $485,643
    • 2019: $374,081
  • Assets Included in Purchase*
    • Equipment: $268,000: IDEXX computer, CR system, kennels, furniture, fixtures, digital radiology, laser
    • Inventory:  $10,000: Food, retail sales, medicine, supplies

*amounts may vary

Cash Flow Analysis

Description of Financial StatementP&L Statement
Tax ReturnTax ReturnTax ReturnNotes
GROSS SALES$835,348$1,225,387$1,192,169$1,166,253
Net Income Shown on Financial Statement$210,982$109,395$60,959$-4,370
Compensation to Owner$97,200$115,200$157,200$156,000
11% Tax on total W2 Salaries$0$12,672$17,292$17,160
Consulting Fee $0$9,750$0$0
Non-Onward Going$15,580$31,537$0$0Employee embezzlement
TOTAL ADDBACKS$112,780$220,033$257,652$226,050
Seller's Cash Flow = Total Addbacks + Net Income$323,762$329,428$318,611$221,680
Profit Margin38.76 %26.88 %26.73 %19.01 %
  • Consistent growth year-over-year!

Typical Clients and Services

Typical Clients:

  • Pet owners with:
    • Dogs
    • Cats
    • Pocket pets


  • General care
  • Evaluations
  • In-house lab
  • Dentistry
  • Radiology
  • Surgery
  • Pharmacy
  • Retail

Specific information regarding clients is available upon the receipt of a signed Non-Disclosure Agreement.


Total Employees: 8

  • 1 FT Veterinarian
  • 1 PT Veterinarian
  • 1 Manager
  • 2 Vet Techs
  • 2 Vet Assistants
  • 1 Receptionist

Growth Opportunities

  • Hire more vets/vet techs to assist more clients 
  • Stay open later during the week and on weekends 
  • Expand emergency care


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210 N 78th St. 2nd Floor
Omaha, NE 68114

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f 402.939.0857

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The Firm is not a real estate brokerage and therefore the staff will not handle any aspect of the lease, sale or purchase of real estate.