Mobile Veterinary Specialists Franchise Cost, Revenue & Review 2026
- Investment
- $144K – $234K
- Disclosed sales
- partial, no system average
- SBA charge-off
- Not SBA-matched
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Mobile Veterinary Specialists is a pet care franchise providing veterinary services from house-call vehicles that travel to clients. Franchisees run mobile operations, managing veterinarians, scheduling, and in-home patient care.
FranchiseVerdict summary · 2026
A Mobile Veterinary Specialists franchise requires a total initial investment of $144K – $234K, including a $10K franchise fee and an ongoing 20.0% royalty[2]. The 2025 FDD on file does not yield a unit-revenue figure we can publish. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Limited operating history: franchising since 2024. A system this young has fewer than three years of Item 20 outlet history and rarely enough SBA loans for a charge-off rate, so its grade rests on less evidence than an established system's. Read its Item 20 tables and talk to its first franchisees before relying on the grade. Other new franchisors
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file
Evidence: partial✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored4 of 4 headline figures on this page cite a page of the filing.
Overview
- Investment
- $144K – $234K
- 38th pct Pet Services
- Avg gross sales
- N/A
- Company-owned only
- Royalty
- 20.0%
- 90th pct Pet Services
- Units
- 32
- 60th pct Pet Services
- SBA charge-off
- N/A
Quick verdict · Pet Services · color = vs category peers
Green = favorable by >10% vs Pet Services median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $144K – $234K including a $10K franchise fee, 20.0% ongoing royalty.
- RETURNSItem 19 does not yield a per-outlet annual revenue figure we can compare across brands.
- RISKVerdict B (Above average), verdict score 51/100 (higher is better).
- GROWTHFlat: no net change in franchised outlets in the latest year (0 opened, 0 closed) (Item 20).
- DATAItem 19 does not yield a per-outlet annual revenue figure we can compare across brands. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Moves Managed Services Inc.
- Predecessor
- and Affiliates
- Prior franchisor entity
- CEO title
- Chief Executive Officer and Co-Founder
- David Hoe
- Incorporated in
- DE
- HQ
- 120 South Main Street, Suite C, Davidson, NC 28036
- Auditor
- GreerWalker LLP
- Audited financials
- Franchisor revenue
- $19.0M
- Most recent fiscal year
Affiliated brands
- of Moves Managed Services
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- David Hoe
- Headquarters
- NC
- Founded
- 2018
- FDD year
- 2025
- States available
- 18
Can you afford it, and what does the money buy?
Entry cost runs 42% below the typical pet services franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $10K | $10K |
| Working capital (3–6 mo) | $50K | $50K |
| Equipment, build-out, other | $84K | $174K |
| Total initial investment | $144K | $234K |
Source: Mobile Veterinary Specialists 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $144K – $234K
- Top 40% of category vs category
- Liquid capital req'd
- $50K – $50K
- Bottom third — review vs category
- Franchise fee
- $10K – $10K
- Top 40% of category vs category
- Royalty
- 20.0%
- typical 6–8%
- Ad fund
- -n/d
- Total fee load
- 20.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 20.0% of gross sales |
| Technology fee | $2K |
| Transfer fee | $2K |
| Renewal fee | $10K |
| Total fee load | 20.0% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for Mobile Veterinary Specialists is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Mobile Veterinary Specialists unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, ad fund rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Company-owned outlets only - not franchisee performance
- Item 19 type
- EBITDA/Net Cash Flow projections by specialty and percentile
- Sample size
- 32
- vs category median 12 · large
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 2 / 10
- vs category median 4 / 10 · below
Compared against 69 Pet Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 20.0% — above the Pet Services median of 8.0%.
Disclosure
Item 19 does not yield a per-outlet annual revenue figure we can compare across brands.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Pet Services medians
How Mobile Veterinary Specialists Compares
Category median of published Pet Services brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 32
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 3.1%
- Company-owned
- 32
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
Last fiscal year · Item 20 exits and transfers
- Terminated
- 0
- Not renewed
- 0
- Transferred
- 0
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 0
- 0.00 per open outlet · Item 20 Table 5
- Projected new
- 2
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 18 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
18
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
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.
Why this reads harsher than the B grade: the grade weighs financial health, unit economics, unit growth, scale, legal, and transparency across the whole filing, while this summary lists individual flags without that weighting. The flags are worth checking with current owners; neither is investment advice.
Litigation (Item 3)
Subject: officers or affiliates. The franchisor is not a named party in these cases.
No litigation required to be disclosed in Item 3.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · GreerWalker LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
UNAUDITED statements. Page p041 explicitly states "THESE FINANCIAL STATEMENTS HAVE BEEN PREPARED WITHOUT AN AUDIT... NO INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT HAS AUDITED THESE FIGURES" — so there is no auditor_name. Entity is "Moves Managed Services, Inc." (the FDD franchisor for the Mobile Veterinary Specialists program), cash-basis Balance Sheet as of April 30, 2025. Total Assets = $3,863,599.92 (p050). The page range provided (p041-p054, statement pages 1/16-13/16) contains only the Balance Sheet and ends mid-liabilities: it shows "Total Current Liabilities = $740,715.54" (p054) but NOT a full Total Liabilities, NOT the equity/net worth section, and NO income statement. Therefore total_liabilities, net_worth, net_income, and all revenue figures are not shown in the provided pages and are left null. Figures are in whole US dollars, no scaling.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 51 / 100 verdict
- 01MINORHigh royalty rate of 20% on gross sales significantly impacts net profitability and cash flow
- 02MINOROnly 32 franchised units with unknown growth trajectory — small, potentially stagnant system raises scalability concerns
- 03MINORWide investment range ($143,800–$234,350) indicates inconsistent startup cost modeling or hidden variables
- 04MINORMinimal franchise fee ($10,000) relative to total investment suggests franchisor relies heavily on ongoing royalties rather than sustainable model
- 05MEDNo disclosed litigation does not eliminate past disputes or current arbitration claims
- 06MINORProtected 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
What are you signing up for?
Ongoing fees run about 20.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Territory type | Exclusive territory |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| RoFR response window | 60 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 4 |
| Mandatory arbitration | Yes |
| Arbitration location | Mecklenburg County, North Carolina |
| Jury trial waiver | No |
| Governing law | NC |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3.
Items 10, 11
Training & Operations
- Classroom training
- 8 hrs
- On-the-job training
- 0 hrs
- Training location
- Davidson, NC
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- Site selection
- Franchisor assists; franchisee proposes territory/clinics within 30 days of signing
- Franchisor financing
- Not offered
- Item 10
- POS system
- Moves application software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Moves application software
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Mobile Veterinary Specialists franchise?
The total investment to open a Mobile Veterinary Specialists franchise ranges from $144K – $234K, with an initial franchise fee of $10K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Mobile Veterinary Specialists franchise owners earn?
Item 19 of the Mobile Veterinary Specialists FDD discloses figures for part of the system but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Mobile Veterinary Specialists?
Mobile Veterinary Specialists is franchised by Moves Managed Services Inc.. Source: FDD Item 1, 2025 filing.
What is Item 19 in the Mobile Veterinary Specialists FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Mobile Veterinary Specialists FDD and qualifies whose outlets they describe.
What is Mobile Veterinary Specialists's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Mobile Veterinary Specialists (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Mobile Veterinary Specialists franchise locations are there?
As of their most recent FDD filing, Mobile Veterinary Specialists has 32 total units in the United States.
Is Mobile Veterinary Specialists a good franchise to buy?
FranchiseVerdict rates Mobile Veterinary Specialists as a B-grade franchise with a verdict score of 51 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.