SeeBITDAOklahoma

Neel Veterinarian Hospital PC

Estimated valueMedium confidence
$16.5M
$8.7Mlikely range$22.6M
About 5.5× its yearly profit, typical for a company this size in its industry.
Revenue
$22.4M
a year
Profit (EBITDA)
$3.0M
13% of revenue
Employees
105
reported in 2020
Leadership
Tina Neel
Founder · source
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $16.5M

Based on its 105 employees and its payroll, both reported for PPP in 2020 and brought up to date.

105 employees × $195K each$20.5M
PPP payroll ÷ payroll's usual share of revenue$18.9M
Shown toward the top of its range×1.14
Revenue$22.4M
× 13% profit margin$3.0M
× 5.5 sale multiple = value$16.5M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2021
No reported financials
No website found
Owner named

Estimated value over time

▲ 44% since 2020
$0$14.8M$29.5M202020212026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 114% since 2020
012525020202021105225
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan105$12.2M$1.6M
2020Form 5500155$17.9M$2.4M
2021Form 5500225$26.0M$3.5M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
NEEL VETERINARIAN HOSPITAL PC
this business
$22.4M$3.0M—
ROBINSON VIRTUAL SERVICES LLC
Warr Acres · 1 employees
$489K$114K0.8 mi
COMPANION ANIMAL CLINIC, INC.
Oklahoma City · 14 employees
$2.4M$425K1.0 mi
CHURCH PLANT MEDIA, LLC
Bethany · 10 employees
$3.0M$539K1.2 mi
Ok Humane Place Spay And Neuter Clinic
Oklahoma City
$1.2M$242K1.3 mi
Warr Acres Animal Clinic
Warr Acres
$1.2M$242K1.3 mi
KJBR ENTERPRISES, LLC
Bethany · 2 employees
$1.1M$218K1.3 mi

The full calculation

Employees reported to the SBA105
Revenue from headcount (employees × revenue per employee for companies this size)$20.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$18.9M
Estimate: the two combined (geometric mean)$22.4M
EBITDA margin (industry, adjusted for size)13%
EBITDA = revenue × margin$3.0M

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$16.5M
Multiple for this size and industry5.5×
Value range$8.7M – $22.6M
Revenue range$14.7M – $25.6M
EBITDA range$2.0M – $3.4M
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

History & advisors

Advisors

  • AccountingRose Rock CPA'S PLLCAudits its 401(k) plan (2021 filing)
  • BankingBank of HydroPPP / 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

Bank of Hydro
PPP 2020
All 155 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/27/2020first$852K$857K105Bank of Hydro

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Neel Veterinarian Hospital PC

Neel Veterinarian Hospital PC is a veterinarians company in Oklahoma City, Oklahoma. It is owned by Tina Neel (Founder). Its estimated annual revenue is about $22.4M, with roughly $3.0M of EBITDA. It has about 225 employees. Its estimated business value is $16.5M (likely range $8.7M–$22.6M).

Common questions

Who owns Neel Veterinarian Hospital PC?
Neel Veterinarian Hospital PC is owned by Tina Neel (Founder), according to public sources such as the company's website or filings.
How much revenue does Neel Veterinarian Hospital PC make?
SeeBITDA estimates Neel Veterinarian Hospital PC's annual revenue at about $22.4M (likely between $14.7M and $25.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Neel Veterinarian Hospital PC worth?
About $16.5M, roughly 5.5× its estimated EBITDA of $3.0M, typical for a veterinarians company its size. Likely range: $8.7M–$22.6M.
How many employees does Neel Veterinarian Hospital PC have?
About 225, from its 2021 retirement-plan filing.