FranchiseVerdict
Mobile Veterinary Specialists logo
FV-01651·MODERATEExcellent81

Mobile Veterinary Specialists

Personal Services - Pet CareFranchising since 2024Website
Investment
$144K – $234K
43rd pct Pet Care
Avg revenue
62nd pct Pet Care
Royalty
20.0%
77th pct Pet Care
Units
32
63rd pct Pet Care
SBA default

Bottom line

  • Total investment $144K – $234K including a $10K franchise fee, 20.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 62/100.
  • Emerging franchise — only 2 years of franchising with 32 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Moves Managed Services Inc.
Incorporated in
Delaware
HQ
120 South Main Street, Suite C, Davidson, NC 28036
Auditor
GreerWalker LLP
Audited financials
Franchisor revenue
$19.0M
Most recent fiscal year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Mobile Veterinary Specialists unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: automotive
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $144K–$234K
Working capital
$
FDD reports $50K–$50K

Unlevered ROIC · per unit

6%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$15K
EBITDA margin
2.0%
Total invested
$239K
Payback
191 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate mobile veterinary clinics, traveling to client locations (homes, farms, businesses) to provide routine and emergency animal care services. Day-to-day activities include vehicle-based clinic management, client scheduling, direct patient care delivery, and compliance with veterinary licensing and mobile health regulations.

CEO
David Hoe
Founded
2018
FDD year
2025
States available
18

Item 7 · what it costs

The Vitals

Total investment
$144K – $234K
All-in to open one unit
Liquid capital
$50K – $50K
Cash you must have on hand
Franchise fee
$10K
Royalty
20.0%
Gross Sales · typical 6–8%
Ad fund
n/d
Total fee load
20.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
32
Opened
6
Last reporting year
Closed
1
Turnover rate
3.1%
Company-owned
32
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0+5
Franchised units
2024
0
Franchised units
2025
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 7 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 7 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

This franchise presents elevated risk due to missing financial disclosures, questionable franchisor financial health, high royalty burden, and a small, opaque unit base with unclear growth trajectory.

Score breakdown · what drove the 62 / 100 rating

  1. 01MEDNo Item 19 financial disclosure (average revenue and net income not disclosed) — unable to validate ROI claims
  2. 02HIGHGoing Concern status is FALSE — suggests corporate instability or financial distress at franchisor level
  3. 03MINORHigh royalty rate of 20% on gross sales significantly impacts net profitability and cash flow
  4. 04MINOROnly 32 franchised units with unknown growth trajectory — small, potentially stagnant system raises scalability concerns
  5. 05MINORWide investment range ($143,800–$234,350) indicates inconsistent startup cost modeling or hidden variables
  6. 06MINORMinimal franchise fee ($10,000) relative to total investment suggests franchisor relies heavily on ongoing royalties rather than sustainable model
  7. 07HIGHNo disclosed litigation does not eliminate past disputes or current arbitration claims
  8. 08MINORProtected territory provided but unclear how defined or enforced in mobile veterinary model with geographic overlap risk

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Clinics within a geographic area
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
North Carolina

Item 11

Training & Operations

Classroom training
8 hrs
On-the-job training
0 hrs
POS system
Moves application software
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

18 numbers

Locked
(608) 266-••••
RI
(808) 586-••••
HI
(415) 972-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Mobile Veterinary Specialists · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above