Some vets just want to practice veterinary medicine instead of running a business. Start to finish, a vet clinic buildout is going to run you $1M+, and any len

Some vets just want to practice veterinary medicine instead of running a business. Start to finish, a vet clinic buildout is going to run you $1M+, and any lender is going to want a personal guarantee that uses your home and other personal assets as collateral if they’re lending to a new business owner. You could certainly find investors, but then you’ll have people wanting an ROI. I could come up with more reasons, but those two are probably the main ones. My grandfather opened and ran two veterinary clinics in the 1970s. He sold both of them in the 1980s, one of them is still around. The other one closed after the buyer, another veterinarian, killed himself after the building and land were eminent domained for a freeway expansion and he felt he wasn’t paid enough for the land by the government.