Patreece Lanier
Charlotte, NC (USA)
Role(s):
Associate/Staff
Crossroads Animal Hospital
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Startup
Location:
Charlotte
Industry:
Healthcare
Year Founded:
1976
Number Employees:
1-10 people
Business Stage:
Mature
Entity Type:
"S" Corporation
Description:
Crossroads Animal Hospital has been in business since 1976. The current owner is retiring and wants to sell the business to me. The hospital is grossing $689,000 for the last 2 years. The owner is asking $700000 for the business and the real estate. I am requesting acquisition capital.
We provide full service veterinary care for cats and dogs. Since I have been hired we have implemented low-cost spay/neuter services which have boosted the bottom line.
At some point I plan to convert the 1000sq ft. garage space into a functioning spay/neuter clinic for a full time vet to operate(est. gross $350000/year). This animal hospital has the potential to gross about $1,000,000/year in the next 2-4 years. I have also upgraded the website which gets about 36 hits per day and converts about 13% of those hit to new clients, especially for the low-cost spay/neuter services.