According to the American Pet Products Association, pet care industry revenue is estimated at over $60 billion per year, with an annual growth rate of over 5% per year for the past 20+ years.
The growth of this industry is set to only increase as more and more US households have pets. Approximately 65% of US households currently include pets, with the average household having two pets. That is over 80 million households or over 160 million pets that need veterinary services annually for optimal health. In addition, the highest growth in pet ownership is being seen in Gen X and Y where over 10% are first time pet owners.
The growing number of pets in the US, combined with the increasing desire among consumers for more convenience in their daily lives, creates a perfect environment for house call veterinarians. 83% of pet owners consider their pets part of the family. Keeping their pets healthy and happy are priorities for consumers that our business model can help to achieve by reducing anxiety and stress for pets and their owners.
Our model house call practice has been in business for over 13 years in the suburban Boston, MA area. Annual revenue for this model practice is over $1 million with profits of 30%+ (per the MVS Pet Care Franchise Disclosure Document). Even after hiring a veterinarian or two there are considerable profits to be experienced by non-veterinarian ownership.
The short answer is no. There are several states that allow non-veterinary ownership of veterinary practices. However, there are many others where state laws require a licensed veterinarian to be the medical director of any type of veterinary practice. It is important for you to inquire with an attorney with knowledge of the veterinary practice laws of the state or states that you wish to open your practice in for details on how best to proceed.
Click the link below for information specific to how we can help existing house call veterinarians.
The materials on this website are for general information only and are not intended as an offer to sell or the solicitation of an offer to buy a franchise. Certain jurisdictions regulate the offer and sale of franchises. If the offer or sale is regulated by any of these jurisdictions, we will not offer or sell you a franchise unless and until we have complied with all applicable requirements.