FAQ's

Run your hospital the way you want it to be run.

Get paid for the work you do as a veterinarian, as well as for the success of the practice.

Build equity as the practice grows! Your percentage of ownership is worth more as the practice succeeds.

Build your team to give you the freedom to pursue your interests within the hospital (exotics, dentistry, other)

We will provide Mentorship (financial and medical) and in the spirit of mutuality we will expect you to pass that on to and develop your team.

Continue to practice medicine in the practice you love, or “build your bench” to replace you as a practicing Doctor and further develop special interests or even help lead or open an additional hospital.

We are a group that are led and owned by veterinarians. Hospitals will have onsite ownership by practicing veterinarians.

This is a unique and exciting opportunity for a veterinarian wanting to run their own clinic the way they want to. They will have ownership or ownership potential, and the backing and support they need to be successful. This model reduces the risks to enable veterinarians to benefit from ownership with support, so they can still focus on the medicine and pet care.

If you are already an experienced leader, this is a great opportunity. If you are newer to the field, you can grow in your experience as the practice grows with all the support you need.

This is a way to have ownership with very little to no down payment, while having as much support as you need and the opportunity to increase ownership in the future.

There are very limited ownership opportunities for veterinarians as corporations are purchasing existing hospitals for large amounts. This makes it unaffordable to purchase an existing clinic and impossible to compete. It is also becoming cost prohibitive to open a new clinic especially considering student debt and other expenses facing veterinarians. A final barrier is that while veterinarians are well trained in medicine, they do not receive much in the way of practice management and how to run a business. We believe we have the solutions to all these barriers. We want to build great veterinary hospitals led and owned by great veterinarians. We want to make it affordable, provide all the support that Veterinarians need and to help them pursue ownership when and if they are ready.

We believe in mutuality. Decisions made must be done with all stakeholders in mind (pets, clients, team, vendors, and business). We believe that doing what is best for the pet, having great client care, focusing on team engagement and the over-promised but under-delivered work/life balance will result in financial success. We believe that we should work hard while at work and pay appropriately. We believe in training our teams and empowering them to do their best every day. We believe that we are far better as a group than the sum of the individuals.

We are inside PetSmart stores and a franchise of PetSmart Veterinary Services. This gives us a constant flow of potential clients walking by our office with their pets every day. Please note although we are inside PetSmart locations, we are in no way associated with Banfield Pet Hospital.

Being part of PetSmart gives us many additional advantages. They are the expert in the Pet field and have world class teams in marketing, IT and many other areas that are so important for running a veterinary business but are not our expertise.

This partnership also allows us to pay what would be considered below market rent and have increased buying power over individual hospitals is we buy as a group.

There are many locations that are available to be opened. Let us know what areas are of interest to you and we will be happy to share the nearest opportunities.

We are not able to offer Wellness Plans, but can recommend owners get insurance for their pets, which can also include preventive care.

Yes. We will want you to be 6 months in a hospital before opening a second one to develop the culture and build a team that can function well once your focus is diluted. We would also like an associate veterinarian to become a part owner of the first or second hospitals so we have an owner doctor on site.

Your primary role when the hospital opens will be Medical provider and leader. For this you will have a guarantee salary for the first year, and then move to a production-based compensation. You will also get profits based on your ownership or profit-sharing percentage. Finally, and most importantly, as the hospital grows in numbers and profitability you will grow equity in the business, that can be sold at a later date, or used as equity for purchasing more.

Equipment list may be determined by interests of veterinarians and can be adjusted, but will include:

• Sevoflurane anesthesia

  • Cardell anesthetic monitor

    • Co2

• Digital dental radiographs

• Idexx in house suite

  • Chemistry

  • Procyte hematology

  • Snap analyzer

  • Sedivue urine analyzer

  • Digital radiographs

See proforma (provided on request) for information on salary, ownership profits and equity.

The hospitals will be provided with kennels, exam tables, benches, computers all at no cost to us.

Total equipment cost around $70,000
Total inventory costs $25,000 (medications and consumables, supplies)
Miscellaneous (insurance, legal etc) $5000
Total costs to open hospital $100,000
Anticipated working capital (losses) at startup $30,000-$70,000
Total anticipated cost $130,000-170,000**

*Note Small business administration loans are available with 10% downpayment.

**True cost variability is mostly based on how quickly revenue ramps up and how long it takes to profitability.

As you can see, the cost to open the hospital is very low, and how quickly it ramps up and becomes profitable will determine the total cost.

We will also offer full financing which would come with stock options if you are unable to or unsure if you are wanting ownership at the beginning so you don’t miss out on the opportunity and so you still benefit from building a successful hospital with no risk. We are confident that if you focus on starting as a medical provider and leader, we can teach you the business practices that will make you a great leader and interested in ownership in the future.