Pet Care Services: SBA business acquisition loan data
404 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Pet Care (except Veterinary) Services (NAICS 812910), totaling $304M. Median loan $521,250, 19% lower than the all-acquisition median. Annual volume rose 56% from FY2024 to FY2026.
Seller note standby terms and third-party consents are reviewed before closing.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $985,325 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.8% of all SBA-financed business purchases, ranking #25 of 300 industries tracked.
- Geography. California leads with 35 loans; the top five states account for 33% of the industry's acquisitions.
- Jobs. Lenders reported 5,032 jobs supported across these loans, about 12.5 per acquisition, a rough proxy for the size of business changing hands.
Pet Care Services acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 23 | $11.2M | $400,000 | |
| FY2019 | 37 | $22.8M | $470,000 | |
| FY2020 | 16 | $9.6M | $419,950 | |
| FY2021 | 41 | $24.6M | $398,000 | |
| FY2022 | 38 | $34M | $559,900 | |
| FY2023 | 48 | $35.5M | $630,000 | |
| FY2024 | 50 | $39.4M | $511,000 | |
| FY2025 | 73 | $60.6M | $527,500 | |
| FY2026 | 78 | $65.9M | $683,500 |
How often do these acquisition loans fail?
Of the 117 Pet Care Services acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 4 have been charged off by the SBA, a rate of 3.4% by loan count and 0.9% by dollars. 51 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Pet Care Services is in line with the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 35 | 8.7% | $22.6M | |
| 2 | Texas | 34 | 8.4% | $31.7M | |
| 3 | Florida | 25 | 6.2% | $17.9M | |
| 4 | Georgia | 20 | 5.0% | $14M | |
| 5 | Minnesota | 20 | 5.0% | $12.9M | |
| 6 | Wisconsin | 19 | 4.7% | $15.4M | |
| 7 | North Carolina | 17 | 4.2% | $11.7M | |
| 8 | Ohio | 17 | 4.2% | $10.7M | |
| 9 | Washington | 16 | 4.0% | $11.7M | |
| 10 | Pennsylvania | 16 | 4.0% | $8.3M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 60 | 14.9% | $73.6M | |
| 2 | First Financial Bank | 50 | 12.4% | $54.2M | |
| 3 | The Huntington National Bank | 34 | 8.4% | $16.8M | |
| 4 | Peoples Bank | 6 | 1.5% | $2.6M | |
| 5 | Newtek Bank, National Association | 6 | 1.5% | $1.4M | |
| 6 | CDC Small Business Finance Corp. | 6 | 1.5% | $1.3M | |
| 7 | Readycap Lending, LLC | 5 | 1.2% | $8.1M | |
| 8 | Byline Bank | 5 | 1.2% | $5.4M | |
| 9 | Northwest Bank | 5 | 1.2% | $3.6M | |
| 10 | Wells Fargo Bank National Association | 5 | 1.2% | $2.9M |
The purchase agreement decides what you bought, not the loan approval.
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Franchise brands in Pet Care Services
14% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Dogtopia | 14 | 24.1% | $11.4M | |
| 2 | Camp Bow Wow | 13 | 22.4% | $13M | |
| 3 | Aussie Pet Mobile | 8 | 13.8% | $6.4M | |
| 4 | Central Bark Doggy Day Care | 6 | 10.3% | $3.1M | |
| 5 | Woof Gang Bakery and Grooming | 5 | 8.6% | $2.3M |
Questions buyers ask
How much is a typical SBA loan to buy a business in Pet Care Services?
Median $521,250 across 404 acquisition loans (FY2018 to FY2026); the middle half ran $228,750 to $985,325. That is 19% lower than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Pet Care Services acquisitions?
Live Oak Banking Company (60), First Financial Bank (50), The Huntington National Bank (34), Peoples Bank (6), Newtek Bank, National Association (6).
Are businesses in Pet Care Services often franchised?
Sometimes. 14% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Dogtopia, Camp Bow Wow, Aussie Pet Mobile, Central Bark Doggy Day Care, Woof Gang Bakery and Grooming.
How risky are SBA loans for buying a business in Pet Care Services?
Of 117 seasoned loans (FY2018 to FY2021), 3.4% charged off, in line with the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Pet Care Services acquisitions?
Median term 10 years, average initial rate 8.05% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
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