Question 1

How many VetCor franchise locations are there?

Accepted Answer

VetCor currently has 23 total units, including 22 franchised locations and 1 company-owned locations.

Question 2

Is the VetCor franchise system growing or shrinking?

Accepted Answer

VetCor has experienced positive net growth of +9.5% over the past year, with a 3-year compound annual growth rate (CAGR) of +18.0%.

Question 3

What is the franchise vs. company-owned ratio for VetCor?

Accepted Answer

VetCor has a franchise ratio of 96%, meaning 96% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many VetCor franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2022), VetCor had 3 units opened and 1 units closed.