SeeBITDAOklahoma

Newcastle Animal Hospital, Inc.

Veterinarians
Company websitenewcastleanimalhospital.comFind on LinkedInSearch LinkedIn for this company
Estimated valueMedium confidence
$814K
$428Klikely range$1.1M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$1.5M
a year
Profit (EBITDA)
$271K
18% of revenue
Employees
7
reported in 2020
Leadership
Kristi Darrow
Owner · source · confirmed by 2 sources
Unlikely to sell soon
Request removal or correction
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $814K

Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.

7 employees × $168K each$1.2M
PPP payroll ÷ payroll's usual share of revenue$1.5M
Shown toward the top of its range×1.14
Revenue$1.5M
× 18% profit margin$271K
× 3 sale multiple = value$814K

· Own this business? Correct these figures

What we know

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

Signs of a sale Unlikely to sell soon

  • Family in the business (Krisiti Darrow, Veterinarian)

From public records and the company's website, not a statement that it's for sale.

What they do

Newcastle Animal Hospital is a veterinary practice in Newcastle, OK that provides wellness, diagnostic, surgical, pharmacy, nutrition and boarding services for pets.

Products & services
Wellness examsVaccinationsFull blood and urine diagnosticsX-rays and radiologySpays and neutersReparative internal and external surgeriesEar crops and cat de-clawsCosmetic surgeriesVeterinary pharmacyHeartworm, flea and tick medicationsPrescription medicationsHills and Blue Buffalo prescription diets
Service area
Newcastle, OK

From the company's website. Industry: Veterinarians.

Customers & suppliers

Suppliers & brands

  • Hills · brand it sells or installs
  • Blue Buffalo · brand it sells or installs
  • Fruitables · brand it sells or installs

Estimated value over time

▲ 44% since 2020
$0$468K$936K20202026

Today'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

BusinessEst. revenueEst. profitDistance
NEWCASTLE ANIMAL HOSPITAL, INC.
this business
$1.5M$271K—
COMPASS AVIATION GROUP, LLC
Newcastle · 6 employees
$2.0M$389K0.1 mi
PROFESSIONAL ANIMAL HEALTH, INC.
Newcastle · 8 employees
$2.4M$430K1.4 mi
CECIL BARRETT CRANE INSPECTIONS INC.
Newcastle · 4 employees
$1.3M$264K1.6 mi
SOLIDTECH ANIMAL HEALTH, INC.
Newcastle · 10 employees
$2.3M$414K2.2 mi
TRI CITY VETERINARY, PLLC
Newcastle · 10 employees
$1.4M$257K2.3 mi
Maness Veterinary Services
Newcastle
$1.2M$242K2.4 mi

The full calculation

Employees reported to the SBA7
Revenue from headcount (employees × revenue per employee for companies this size)$1.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.5M
Estimate: the two combined (geometric mean)$1.5M
EBITDA margin (industry, adjusted for size)18%
EBITDA = revenue × margin$271K

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$814K
Multiple for this size and industry3×
Value range$428K – $1.1M
Revenue range$995K – $1.7M
EBITDA range$178K – $309K
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

“In 2000, Dr. Darrow purchased Newcastle Animal Hospital and has been offering outstanding animal care and running the practice ever since.”

Advisors

  • BankingLegacy BankPPP / 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

Legacy Bank
PPP 2020
All 727 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
6/4/2020first$50K$51K7Legacy Bank

Public records

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

About Newcastle Animal Hospital, Inc.

Newcastle Animal Hospital, Inc. is a veterinarians company in Newcastle, Oklahoma, in business since 2021. It is owned by Kristi Darrow. Its estimated annual revenue is about $1.5M, with roughly $271K of EBITDA. It has about 7 employees. Its estimated business value is $814K (likely range $428K–$1.1M).

Common questions

Who owns Newcastle Animal Hospital, Inc.?
Newcastle Animal Hospital, Inc. is owned by Kristi Darrow, according to public sources such as the company's website or filings.
How much revenue does Newcastle Animal Hospital, Inc. make?
SeeBITDA estimates Newcastle Animal Hospital, Inc.'s annual revenue at about $1.5M (likely between $995K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Newcastle Animal Hospital, Inc. worth?
About $814K, roughly 3× its estimated EBITDA of $271K, typical for a veterinarians company its size. Likely range: $428K–$1.1M.
How many employees does Newcastle Animal Hospital, Inc. have?
About 7, as reported on its PPP loan.
When was Newcastle Animal Hospital, Inc. founded?
Newcastle Animal Hospital, Inc. has been in business since 2021.