for your consideration:
Florida Panhandle Veterinary Clinic
Extremely desirable practice and location, this opportunity will not last.
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Approximately $7.6M annual revenue veterinary clinic located in northwest Florida
Consistent revenue potential and strong population growth
Quick Stats
Type of Sale
Asset Purchase
NAICS - Veterinary Services
541940
Year Founded (Current Owner)
1980
Years in Operation
43
Locations
1
Number of Veterinary Employees
9
Number of Technician Employees
19
Number of Other Employees
17
Total Staff
45
Annual Veterinary Animal Visits
39,000 (estimated)
(calculation based on $200 expense per animal)
More About the Practice
For sale in the captivating Florida Panhandle is an exceptional opportunity—an established veterinary practice boasting an impressive revenue of $7.6 million. With a dedicated team of 45 skilled professionals, this practice has gained a solid reputation for providing top-notch care to a thriving pet-loving community. Situated along the stunning Florida beaches, the practice not only offers the chance to serve a growing population but also allows for a unique lifestyle surrounded by natural beauty. Florida’s population is continuously expanding, with people drawn to its warm climate, vibrant culture, and breathtaking coastal scenery. Owning a veterinary practice in this idyllic location would provide the perfect blend of professional fulfillment and the joys of living amidst the splendors of Florida’s renowned beaches.
Pet Ownership Stats
Number of Florida Households: 8,157,420
Estimated Number of FL Dog/Cat-Owning Households: 5,204,434
Number of dogs/cats per owning household: 1.7
Estimated number of Florida dog/cat population: 8,847,538
Dog/cat veterinary visits per household per year: 1.9
Estimated number of annual Florida veterinary visits: 9,628,203
Annual veterinary expenditure per household: $330
Estimated annual Florida veterinary expenditure: $1,717,463,207
Estimated annual veterinary expenditure per animal: $199
Number of Escambia County, Florida Households: 124,494
Estimated Number of FL Dog/Cat-Owning Households: 79,427
Number of dogs/cats per owning household: 1.7
Estimated number of Escambia County, Florida dog/cat population: 135,026
Dog/cat veterinary visits per household per year: 1.9
Estimated number of annual Escambia County, Florida veterinary visits: 146,940
Annual veterinary expenditure per household: $330
Estimated annual Escambia County Florida veterinary expenditure: $26,210,967
Estimated annual veterinary expenditure per animal: $199
Own a profitable veterinary practice in spectacular northwest Florida
Practice Stats
Approximate Square Footage
13,000 sq ft
Kennels
142
Surgery Wards
2
Exam Rooms
8
Capacity for growth with current real estate
Additional 3 vets
Emergency power
Whole building generator
Nestled within Escambia County, the veterinary practice in the Florida Panhandle is ideally positioned to take advantage of the region’s remarkable growth. Escambia County itself has been experiencing a significant upswing in population, driven by factors such as job opportunities, affordable housing, and the allure of the stunning coastal surroundings. This growth translates into a higher demand for veterinary services, offering the practice an exceptional chance to expand its clientele base and revenue. With the capacity to accommodate three more veterinarians, the practice is primed to meet the rising demand and establish itself as a key player in the area’s booming pet care industry.
Exceptional Work/Life Balance
Establish or expand your veterinary practice
Florida is Growing
While the financial prospects are enticing, it is equally important to note the intangible benefits of owning a veterinary practice in this picturesque locale. Florida’s overall population growth of 1.9% from 2021 to 2022 underscores the state’s magnetism, attracting individuals and families alike with its pleasant climate and vibrant lifestyle. Living and working in the Florida Panhandle offers an idyllic blend of professional fulfillment and the opportunity to savor the relaxed, beachside ambiance that the area is renowned for. From strolling along pristine sandy shores to enjoying water sports and breathtaking sunsets, owning a veterinary practice in this charming coastal community presents an unparalleled chance to combine a rewarding career with the joys of a beautiful and laid-back lifestyle.
Retired Navy Veterans Bolster Pensacola’s Economy with Stable Incomes and Thriving Community
Within the Greater Pensacola area, a vibrant community thrives, housing an impressive population of over 35,000 military retirees, making it the second largest concentration in the nation. Notably, these individuals enjoy the benefits of a steady and robust income, providing a stable foundation for their lives in this bustling region.
Home of the U.S. Naval Air Station
Located in Pensacola, Florida, NAS Pensacola stands as a prominent training hub within the Navy, annually graduating nearly 60,000 students from its diverse range of training programs. This expansive institution accommodates students not only from all branches of the military but also from the US Coast Guard, various agencies, and international allies. Distinguishing itself, NAS Pensacola possesses a rare combination of amenities, being one of only four installations in the continental United States equipped with an active runway and a deep water port. With a substantial workforce, the base employs over 23,000 personnel, comprising more than 17,000 military personnel and over 5,000 civilians.
Consider…
combine a rewarding career with the joys of a laid-back lifestyle.
Florida Growth Trend
- 2022 1.91%
- 2021 1.10%
- 2020 0.45%
- 2019 1.12%
The nation’s third-largest state grew by 1.9% from July 2021 to July 2022, netting over 400,000 new residents to reach an estimated population of 22,244,823. That’s the second-largest numeric gain behind Texas, which has a larger overall population.
Pet Care Expenditures
The pet wellness market is thriving
Annual Visits Per Household
Percentage of total
MEAN ANNUAL VET EXPENDITURE PER HOUSEHOLD
Average ANNUAL VET EXPENDITURE PER HOUSEHOLD
Dogs
2.4
65%
$410
$265.95
Cats
1.3
35%
$182
$63.95
Total
3.7
$329.89
You can
Own an Established and Respected Vet Practice
The Practice
In addition to the promising business prospects, the veterinary practice in the Florida Panhandle offers a range of features that contribute to its appeal. The practice is equipped with a whole building generator, ensuring uninterrupted service even during hurricane seasons—a vital consideration in this coastal region.
Boasting eight examination rooms, the practice has the capacity to efficiently handle a steady flow of patients, further enhancing its revenue potential. Moreover, the area’s pet-friendly culture is reflected in the average annual household expenditure on pets, which stands at a robust $329.89, underscoring the community’s dedication to providing the best care for their beloved animal companions.
Interested in this opportunity?
Please call or email today. We are happy to provide additional financials and other practice information for this investment opportunity.