Caryn Vet Clinic is 1.5 Vet sized, 100% Small animal Practice located in Edgewater, an established northern suburb of Perth. The current owner bought the practice 18 months ago and, with modern practices and procedures, has had fabulous growth in income and profit.
The practice has an excellent fit out and is well equipped. It is highly profitable with a return to the current owner near 60% of turnover. The last financial year’s income was $1,000,466 (2020, excluding GST). The practice is in early growth phase offering good scope to grow for the new owner and there is also potential to develop Hobby farm work and kennel affiliations, given the area.
The practice could be run as a Satellite clinic, an owner-occupied clinic, or a managed clinic for an owner looking to add an additional practice. The owner is looking to sell the business and lease the property.
The Practice is located in Edgewater, 23km north of the Perth CBD, straight up the Mitchell Freeway. It is 2 mins from the satellite city of Joondalup. The area is located strategically between the Mitchell Freeway and Wanneroo Road and a stones throw from Edgewater train station. It is a few minutes’ drive to some of the best beaches in WA and up and coming world class marina. It is complimented by the family favorite – Hillarys Marina.
It is a beautiful and green suburb with a high rate of pet ownership and easy access to Joondalup and Perth CBD thanks to nearby train station and freeway. Great walks along the National Park and lake bordering the suburb.
Edgewater has all the ingredients for good growth as it is next to Joondalup CBD and the city’s business areas. With an expanding hospital, a world class university, quality schools and colleges coupled with shopping centres and good eateries. Local Schools include Mater Dei College, Whitfords Catholic Primary School (Craigie), Lake Joondalup Baptist Primary School (Joondalup) , Lake Joondalup Baptist College (Joondalup)
This is an extremely profitable, growing Small animal practice with proven potential. It is in a good socio-economic area of Perth and would provide a secure future income with higher profits to the future owner. Great clients, that are happy to spend money on their Pets, make for a great working atmosphere and professional fulfilment.
With interest rates at their lowest for some time there is no better time to be in control of, and secure you future.
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