Reno Animal Hospital, Incorpor
- Heather CobbVeterinarian · Company website
- Kaitlyn Mills-MorrisVeterinarian · Company website
How we got $1.2M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Some signs of a sale
- In business 43 years (since 1983)
- Family in the business (Steve Hunholz, Veterinarian)
From public records and the company's website, not a statement that it's for sale.
What they do
CareVet Reno Animal Hospital, formerly Reno Animal Hospital, is a veterinary practice serving pets and their owners in Midwest City, OK and surrounding areas since 1983.
From the company's website. Industry: Veterinarians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RENO ANIMAL HOSPITAL, INCORPOR this business | $2.2M | — |
| Heritage Plaza Animal Hospital Midwest City | $1.2M | 0.5 mi |
| Subtle Shades Photography LLC Midwest City | $1.8M | 0.5 mi |
| JAMES R. JORGENSEN Oklahoma City · 5 employees | $752K | 0.5 mi |
| Time Stands Still Photography Llc Midwest City | $1.8M | 0.6 mi |
| MIDWEST VETERINARY HOSPITAL INC Oklahoma City, Ok · 22 employees | $4.5M | 0.7 mi |
| MAVERICK UNITED, LLC Midwest City · 1 employees | $524K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $403K |
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $636K – $1.7M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $265K – $460K |
| 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
“Formerly known as Reno Animal Hospital, the CareVet Reno Animal Hospital team has been proudly serving the Midwest City, OK community and surrounding areas since 1983.”
Advisors
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $87K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Reno Animal Hospital, Incorpor
Reno Animal Hospital, Incorpor is a veterinarians company in Oklahoma City, Oklahoma, in business since 1983. It is owned by Dr. Steve Hunholz (Co-founder). Its estimated annual revenue is about $2.2M, with roughly $403K of EBITDA. It has about 11 employees. Its estimated business value is $1.2M (likely range $636K–$1.7M).
Common questions
- Who owns Reno Animal Hospital, Incorpor?
- Reno Animal Hospital, Incorpor is owned by Dr. Steve Hunholz (Co-founder), according to public sources such as the company's website or filings.
- How much revenue does Reno Animal Hospital, Incorpor make?
- SeeBITDA estimates Reno Animal Hospital, Incorpor's annual revenue at about $2.2M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Reno Animal Hospital, Incorpor worth?
- About $1.2M, roughly 3× its estimated EBITDA of $403K, typical for a veterinarians company its size. Likely range: $636K–$1.7M.
- How many employees does Reno Animal Hospital, Incorpor have?
- About 11, as reported on its PPP loan.
- When was Reno Animal Hospital, Incorpor founded?
- Reno Animal Hospital, Incorpor has been in business since 1983.