These days, either you or someone you know owns a pet. There’s also a good likelihood that the veterinary clinic taking care of those animals is owned by a private equity firm.
Investors ranging from private equity groups to 1031 exchange buyers to vets looking for a place to put their retirement money are noticing the stability of vet clinics as an investment play.
The pet boom spurred by the pandemic has brought more attention to care for our four-legged friends. Veterinary companies are opening clinics, drawing more investors to vet real estate.
Imagine you’re a practice owner, and your practice currently has a 12-year history of consistently grossing $1.5 million—and is actually on track to earn upwards of $2 million this year!