2 ms·

It seems like a vet would be about as expensive as opening a restaurant, maybe 1-3x as much. That doesn't seem like the most capital intensive thing ever.

• RALaBarge 3y ago
  Other than the doctorate, of course.
  • rcme 3y ago
    Presumably there is already a supply of licensed veterinarians, unless the PE vet practices are hiring unlicensed practitioners.
    • anigbrowl 3y ago
      How many of them have easy access to a million bucks?
      • rcme 3y ago
        Probably most of them. I don't think the limiting factor is access to capital, but rather the risk.
• darth_avocado 3y ago
  It is more expensive to open a clinic than a restaurant, with the costs being anywhere from $500k-$1M. The main difference between the two is that the vet clinic has higher running costs aka salaries in the early years before the practice takes off. For restaurants, it’s relatively lower (staff salaries and produce) if the demand is lower.
  • rcme 3y ago
    500K-1M seems about 1-3x a typical restaurant. I'd also be surprised to learn that running a vet is more expensive than a restaurant. The margins are seem like they'd be way lower in a restaurant.