Banfield, The Pet Hospital
Franchising since 1955 · 3 locations
The total investment to open a Banfield, The Pet Hospital franchise ranges from $236,500 - $508,000. The initial franchise fee is $65,000. Ongoing royalties are 6% plus a 2% advertising fee. Banfield, The Pet Hospital currently operates 3 locations (3 franchised). PeerSense FPI health score: 37/100.
$236,500 - $508,000
$65,000
3
3 franchised
Proprietary PeerSense metric
FairActive capital sources verified for Banfield, The Pet Hospital financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Emerging (3-9 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 4 loans charged off
SBA Loans
4
Total Volume
$0.7M
Active Lenders
2
States
2
Top SBA Lenders for Banfield, The Pet Hospital
What is the Banfield, The Pet Hospital franchise?
The Banfield The Pet Hospital franchise currently operates within the robust and essential veterinary services category, a sector characterized by consistent demand driven by evolving pet ownership trends and an increasing focus on companion animal well-being. With a current footprint of 3 distinct units, the Banfield The Pet Hospital franchise represents an opportunity in a segment of the market poised for continued expansion. The central operations for the Banfield The Pet Hospital franchise are noted as being headquartered without a specific city in Colorado, indicating a potentially decentralized or evolving administrative structure for the relatively new or refocused brand. The essence of the veterinary services industry, into which the Banfield The Pet Hospital franchise is integrated, lies in providing comprehensive medical, surgical, and preventative care for pets, ranging from routine check-ups and vaccinations to advanced diagnostic procedures and emergency treatments. This foundational service offering underscores the critical role that facilities like the Banfield The Pet Hospital franchise play in maintaining the health and longevity of pets, thereby supporting the emotional and financial investment pet owners make in their animal companions. The market for pet care has demonstrated remarkable resilience and growth over recent decades, fueled by the humanization of pets and an expanding array of available treatments and preventative measures. This environment creates a compelling backdrop for the development of veterinary practices, including the burgeoning presence of the Banfield The Pet Hospital franchise, as it seeks to establish its operational model and service delivery standards across its existing 3 locations. The strategic positioning within the veterinary services sector, even with a limited number of units, allows the Banfield The Pet Hospital franchise to address direct community needs for accessible and high-quality animal healthcare. The focus remains on delivering
FPI Score
37/100
SBA Default Rate
0.0%
Active Lenders
2
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Banfield, The Pet Hospital based on SBA lending data
SBA Default Rate
0.0%
0 of 4 loans charged off
SBA Loan Volume
4 loans
Across 2 lenders
Lender Diversity
2 lenders
Avg 2.0 loans per lender
Investment Tier
Significant investment
$236,500 – $508,000 total
Banfield, The Pet Hospital — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2004
2 approvals — best year on record for Banfield, The Pet Hospital.
Top SBA State
Ohio
2 SBA-financed Banfield, The Pet Hospital locations — the densest operator footprint.
Average Loan Size
$165K
Median $206K — use as a sizing anchor when modeling your own $Banfield, The Pet Hospital unit.
Lender Concentration
100%
Concentrated
Share of Banfield, The Pet Hospital approvals captured by the top 3 SBA lenders.
Banfield, The Pet Hospital's SBA lending pipeline peaked in 2004 (2 approvals). Operator density is highest in Ohio with 2 SBA-financed locations. Average funded ticket sits at $165K, with the median at $206K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$2,448
Principal & Interest only
Locations
Banfield, The Pet Hospital — unit breakdown
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