CityVet is planning to expand beyond its 10 locations in Texas this fall and tap into the Denver pet owner market with multiple sites.
The Dallas-based veterinarian office has secured sites in Capitol Hill, West Highland and along South Colorado Boulevard near Hilltop. CityVet hopes to open its first location in Lost Highway Brewing Co.'s former space in October, chief veterinarian and partner Paul Kline said Monday.
"We probably picked 20 urban areas in the U.S. and looked at a combination of things," Kline said. "Believe it or not, there’s not as many as you might think of areas in the U.S. that have the household density, the pet ownership portfolio and the business and economic environment that supports what we do that are similar to Dallas."
CityVet secured a site at 333 S. Colorado Blvd. where Game Set Match Inc. was formerly located. The company is also leasing two sites from Leon Capital Group one at 520 E. Colfax Ave. in Cap Hill and another at 3930 W. 38th Ave. in West Highland. The Dallas-based real estate firm purchased the former home of El Chapultepec Too for $1 million in July, according to property records.
Kline said he was looking for areas with retired empty nesters and millennials who tend to use CityVets in Texas.
"Our main one is kind of the urban, younger professional," Kline said. "They may or may not be married. They typically don't have kids. They're investing more in their pets just as a matter of course. Not to say it's a family substitute, but that's kind of what they have for companionship."
Business & data reporter Adrian D. Garcia can be reached via email at [email protected] or twitter.com/adriandgarcia.
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