SeeBITDAOklahoma

Northwest Vet Supply, Inc.

Retail Trade
Estimated valueLow confidence
$1.8M
$972Klikely range$2.5M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$8.5M
a year
Profit (EBITDA)
$616K
7% of revenue
Employees
12
reported in 2020
Leadership
Dave "Doc" Barz
Founder · source · confirmed by 2 sources
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $1.8M

Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.

12 employees × $425K each$5.1M
PPP payroll ÷ payroll's usual share of revenue$10.8M
Shown toward the top of its range×1.14
Revenue$8.5M
× 7% profit margin$616K
× 3 sale multiple = value$1.8M

· Own this business? Correct these figures

Estimated value over time

▲ 17% since 2020
$0$1.3M$2.6M2020202120222023202420252026

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

▲ 0% since 2020
010202020202120222023202420251212
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan12$3.6M$261K
2020Form 550012$3.6M$261K
2021Form 550013$3.9M$283K
2022Form 550015$4.5M$327K
2023Form 550013$3.9M$283K
2024Form 550013$3.9M$283K
2025Form 550012$3.6M$261K

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.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 16 years (since 2010)
  • Headcount down 20% since 2022 (retirement plan filings)

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

What they do

Northwest Veterinary Supply provides veterinary services and supplies for small and large animals, with a focus on livestock and cattle, at locations in southeastern South Dakota.

Products & services
Reproductive servicesReproductive ultrasoundsChute workCalf barnBull semen evaluationsAutogenous vaccinesSeed stock producersEquineBoarding and groomingPreventive careSurgical proceduresHoof work
Markets served
LivestockCattleEquine
Service area
South DakotaNebraskaIowaMinnesotaNorth DakotaParkston, SDWagner, SDMitchell

From the company's website. Industry: Retail Trade.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Farms & ranches

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
NORTHWEST VET SUPPLY, INC.
this business
$8.5M$616K—
PELLOW MONUMENT WORKS, INC.
Enid · 6 employees
$3.1M$284K0.8 mi
DANNY'S CAR SALES, INC.
Enid · 2 employees
$1.3M$132K1.2 mi
128 GIFTS LLC
Enid · 6 employees
$3.0M$267K2.1 mi
ETOWN VAPOR LLC
Enid · 3 employees
$2.2M$198K2.1 mi
J CS WHOLESALE SUPPLY STORE & MORE
Enid · 1 employees
$779K$91K2.2 mi
VETSCRIBE SOLUTIONS, LTD.
Enid · 2 employees
$1.6M$141K3.0 mi

The full calculation

Employees reported to the SBA12
Revenue from headcount (employees × revenue per employee for companies this size)$5.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$10.8M
Estimate: the two combined (geometric mean)$8.5M
EBITDA margin (industry, adjusted for size)7%
EBITDA = revenue × margin$616K

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$1.8M
Multiple for this size and industry3×
Value range$972K – $2.5M
Revenue range$5.6M – $9.7M
EBITDA range$405K – $702K
Industry (NAICS)Retail Trade (453998)

Low confidence: the employee-based and payroll-based estimates differ by more than 2×.

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: approximate sector default. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded by Jane and Dave "Doc" Barz
“Later a clinic was established in Parkston, SD with haul-in facilities and Northwest Veterinary Supply began.”

Advisors

  • BankingAlva State Bank & Trust CompanyPPP / 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

Alva State Bank & Trust Company
PPP 2020
All 172 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$173K$174K12Alva State Bank & Trust Company

Public records

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

About Northwest Vet Supply, Inc.

Northwest Vet Supply, Inc. is a retail trade company in Enid, Oklahoma, in business since 2010. It is owned by Dave "Doc" Barz (Founder). Its estimated annual revenue is about $8.5M, with roughly $616K of EBITDA. It has about 12 employees. Its estimated business value is $1.8M (likely range $972K–$2.5M).

Common questions

Who owns Northwest Vet Supply, Inc.?
Northwest Vet Supply, Inc. is owned by Dave "Doc" Barz (Founder), according to public sources such as the company's website or filings.
How much revenue does Northwest Vet Supply, Inc. make?
SeeBITDA estimates Northwest Vet Supply, Inc.'s annual revenue at about $8.5M (likely between $5.6M and $9.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Northwest Vet Supply, Inc. worth?
About $1.8M, roughly 3× its estimated EBITDA of $616K, typical for a retail trade company its size. Likely range: $972K–$2.5M.
How many employees does Northwest Vet Supply, Inc. have?
About 12, from its 2025 retirement-plan filing.
When was Northwest Vet Supply, Inc. founded?
Northwest Vet Supply, Inc. has been in business since 2010.