Highland Veterinary Clinic, L.L.C.
How we got $2.0M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 45 years (since 1981)
- Family in the business (Chad Baumwart, owner & equine surgeon and practitioner)
From public records and the company's website, not a statement that it's for sale.
What they do
Highland Veterinary Clinic is a veterinary practice in Arapaho, OK that provides care for small animals, equine patients and large animals. It serves Arapaho and the surrounding communities.
From the company's website. Industry: Veterinarians.
Customers & suppliers
Suppliers & brands
- Royal Canin · brand it sells or installs
- Science diet · brand it sells or installs
- Bluebonnet Feed · brand it sells or installs
Estimated value over time
▲ 44% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HIGHLAND VETERINARY CLINIC, L.L.C. this business | $3.2M | — |
| CHAD A. BAUMWART DVM, P.L.L.C. Arapaho · 1 employees | $394K | 0.0 mi |
| Highland Equine Hospital Arapaho | $1.2M | 0.8 mi |
| MATTHEW BLAKEBURN, LLC Clinton · 4 employees | $865K | 2.7 mi |
| DARRELL MCCARTHER SURVEYING INC Clinton · 2 employees | $977K | 3.7 mi |
| Clinton Veterinary Hospital Clinton | $1.2M | 4.6 mi |
| Territory Medicine Weatherford | $1.2M | 8.6 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $532K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $2.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.8M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $350K – $607K |
| Industry (NAICS) | Veterinary Services (541940) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Highland Veterinary Clinic was established in 1981 providing mixed animal veterinary services in Arapaho, OK and western Oklahoma.”
Leadership
- ADAngie Duboisowner & small animal · Company website · source
- CBChad Baumwartowner & equine surgeon and practitioner · Company website · source
- JSJon Shepherdlarge animal · Company website · source
- BHBrittany Hellemequine and small animal · Company website · source
Advisors
- BankingInterBankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| InterBank PPP 2020 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $110K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Highland Veterinary Clinic, L.L.C.
Highland Veterinary Clinic, L.L.C. is a veterinarians company in Arapaho, Oklahoma, in business since 1981. It is owned by Alvin Baumwart. Its estimated annual revenue is about $3.2M, with roughly $532K of EBITDA. It has about 21 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns Highland Veterinary Clinic, L.L.C.?
- Highland Veterinary Clinic, L.L.C. is owned by Alvin Baumwart, according to public sources such as the company's website or filings.
- How much revenue does Highland Veterinary Clinic, L.L.C. make?
- SeeBITDA estimates Highland Veterinary Clinic, L.L.C.'s annual revenue at about $3.2M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Highland Veterinary Clinic, L.L.C. worth?
- About $2.0M, roughly 3.8× its estimated EBITDA of $532K, typical for a veterinarians company its size. Likely range: $1.1M–$2.8M.
- How many employees does Highland Veterinary Clinic, L.L.C. have?
- About 21, as reported on its PPP loan.
- When was Highland Veterinary Clinic, L.L.C. founded?
- Highland Veterinary Clinic, L.L.C. has been in business since 1981.