59 Lafayette Rd Salisbury, MA

This offering features an established veterinary practice located at 59 Lafayette Road in Salisbury, MA. The property includes real estate valued at $550,000, along with a fully operational and profitable business. The practice is a turnkey operation, fully equipped and staffed for a seamless ownership transition. The location is strategically positioned to serve a growing client base in Salisbury, Newburyport, Seabrook, Amesbury, and Haverhill. The business boasts strong financials, with a gross revenue of $1,080,000 and a Net Operating Income (NOI) of $438,277. The practice has a growing and loyal clientele, with an 85% client retention rate and 15-20 new clients per month. The comprehensive equipment package includes lab equipment, dental equipment, digital X-ray machine, surgical tools, anesthesia machines, and office furniture. An experienced team is in place, consisting of 1 veterinarian, 1 technician, 2 assistants, 1 office manager, and 1 receptionist. Established vendor relationships are in place with leading suppliers like MWI, Penn Vet Supply, First Vet Supply, Covetrus, Purina, Hills Science Diet, Zoetis, and Boehringer Ingelheim. The property size is 3,300 square feet.