Seller's Contact Information

  • RE:  Custom Veterinary Software Solution Company
  • Contact:  Ashish Bhatt
Listing Update!
Update: Custom Veterinary Software Solution Company is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Technology: Internet, Websites Industry.

Business Overview:

98% Client Retention Rate, Selling 51 Percent

The company offers a range of services bundled into its custom software solution that can be integrated into the Veterinary Industry. Its solutions are centered around Veterinary Practice-, Clinic-, and Hospital Information and Management Systems in a customizable format for on-premise and cloud deployment that is easy to install and implement.

The annual revenue, generated via primarily recurring subscription revenue, reached $1M for 2022, with the new business being acquired via referral only (client retention of 98%), and the SDE for 2022 was at $299,081.

The owner is looking to find the right partner to help the business scale quickly, reach a significant number of clients, and tap into the >$1Bn Veterinary Software Market.

The business valuation is $4.6M for the entire company, and the owner is open to selling 51% of the company equity with the following structure:
– $0.9m in cash at closing is not a pre-payment of the earnout.
– Earnout of 5% of revenue exceeding $1.1M annually for the first five years following closing and 3.5% exceeding $1.1M for the subsequent five years.

Team: The company is managed by the owner, who works 20 hours weekly. There is a small team of 3 full-time developers, with over 20 years of tenure in the company. Their function includes client engagement and operations. The 3 additional external developers have the solution expertise.

Services and Clients: The company’s software solution is applicable to the veterinary industry and encompasses practice-, clinic-, and hospital management and information systems that can be a stand-alone service or a service interfaced and integrated with users’ existing practice management software. It can be installed both locally and in the cloud. Services include the software product, full IT-Service if required, and hotline support on an annual license basis.

Reason for Selling: The owner is looking to find the right partner to help the business scale quickly, expand globally, and tap into a >$1Bn Veterinary Software Market.

Market Competition and Expansion:

The company outweighs larger companies in terms of ROI and provider/patient satisfaction. Growing competition between significant players developing innovative products and integrating software in the industry results in substantial cost increases (pushed in higher pricing) for these companies.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity


Relevant Links:

Listing Update!

Update: Custom Veterinary Software Solution Company is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Technology: Internet, Websites Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.

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