About DVMmatch Franchise
DVMmatch is a veterinary hospital brokerage and consulting franchise that assists veterinary professionals with hospital sales, mergers, partnership agreements, associate placements, hospital appraisals, and related real estate transactions.
The franchise fee ranges from $65,000 to $105,000, and the company has been franchising since 2021.
The brand serves a specialized niche in the veterinary industry, providing expert guidance to veterinarians navigating complex business transactions.
DVMmatch Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $65,000 - $105,000 | One-time payment upon signing |
| Royalty Fee | $850 Monthly of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $400 Monthly | National brand fund |
| Total Investment Range | $77,500 – $129,000 | Includes build-out, inventory, working capital |
The investment range of $78K–$129K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty ($850 Monthly) and marketing fee ($400 Monthly) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| INITIAL FRANCHISE FEE | $65,000 | $105,000 |
| TRAVEL AND LIVING EXPENSES WHILE TRAINING | $3,000 | $5,000 |
| BUSINESS LICENSE & PERMIT | $250 | $1,000 |
| COMPUTER EQUIPMENT | $1,000 | $2,000 |
| INSURANCE | $750 | $1,000 |
| LEGAL AND PROFESSIONAL FEES | $2,500 | $5,000 |
| ADDITIONAL FUNDS - 3 MONTHS AFTER OPENING | $5,000 | $10,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $20,000 |
| Renewal Fee | $20,000 |
| Technology Fee | $150 per user Monthly |
| Revenue Share Fee | 9% of gross sales revenues to your territorial marketing efforts Monthly |
| Additional and Refresher Training | $0 - $850 per day plus travel, lodging and meals Upon receipt of invoice |
| Professional and Technology Services | $600 - $5,100 As incurred |
| Cybersecurity Fee | $55 Monthly |
| Late Fee | The greater of $350 per month or 18% per annum (or the maximum amount permitted by law, if less) |
| Indemnification | Payment of our losses and costs Upon occurrence of liability |
| Relocation Fee | $20,000 Upon receipt of invoice |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately two days of in-person training in Indianapolis, Indiana, followed by remote training. Total initial training is approximately 36 hours for one person. |
| Classroom Training | 12 |
| On-the-Job Training | 0 |
| Training Location | Indianapolis, Indiana (in-person) and remotely |
| Additional Training | Additional and refresher training is available upon request or deemed necessary by the franchisor, subject to an additional fee of up to $850 per day plus travel expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | County-based |
| Description | Franchisees receive an exclusive territory defined by political boundaries of counties, agreed upon at the signing of the franchise agreement. Exclusivity is conditioned on maintaining good standing under the franchise agreement, not on sales volume or market penetration. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two 5-year terms |
| Renewal Fee | $20,000 |
| Renewal Conditions | To renew, franchisees must sign the then-current franchise agreement (which may have different terms), complete renewal training, sign a general release, pay the renewal fee, fulfill all obligations, not have received 3+ default notices in 24 months, not be in default, and meet new franchisee requirements. Franchisor must not have decided to withdraw from the market. |
| Transfer Fee | $20,000 |
| Transfer Conditions | Transfers require franchisor consent. Conditions include no existing defaults, transferee meeting new franchisee qualifications and completing training, signing the then-current franchise agreement and guaranty, paying the transfer fee, and signing a general release. Franchisor also holds a right of first refusal. |
| Termination for Cause | Franchisor can terminate for curable defaults (15 days to cure) or non-curable defaults (e.g., bankruptcy, abandonment, material misrepresentation, felony conviction, unauthorized transfer, repeated failures to comply, unauthorized use of marks/trade secrets, etc.). |
| Non-Compete Period | 2 years |
| Non-Compete Details | During the term, franchisees cannot be involved in a similar business within a 30-mile radius of any other DVMmatch franchisee's territory. After termination or expiration, franchisees cannot operate a similar business for 2 years within their former territory or within a 30-mile radius of any other existing DVMmatch franchisee. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The franchisee or an approved manager who has completed training must personally participate in the direct operation and management of the business. If the franchisee is an entity, a designated 'Primary Person' must own 51% of voting shares and devote full-time efforts. All participating individuals must sign confidentiality and non-competition agreements. |
| Required Suppliers | Franchisor may require franchisees to obtain certain advertising and promotional materials and designated software, platforms, or digital tools from approved suppliers or the franchisor. |
| Supply Restrictions | Franchisees may only offer approved products and services that meet franchisor specifications and standards. The franchisor reserves the right to require specific products and services for system-wide uniformity. |
| Franchisor Revenue from Suppliers | None in fiscal year 2023, but may in the future. |
DVMmatch Franchise Earnings — Item 19
DVMmatch does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
DVMmatch Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
DVMmatch System Growth
DVMmatch currently operates 4 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 1 | 0 | 1 |
| 2022 | 2 | 0 | 3 |
| 2023 | 1 | 0 | 4 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by BKD, LLP for year ending December 31.
DVMmatch Franchise — FAQ
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