Pet Supplies Plus is a pet store. It is a pet-supplying retailing corporation carrying a wide variety of natural and non-natural pet foods. It is one of the 10 Best Pet Services franchises of 2023 that you must own.
If you’re willing to extend your portfolio and get into franchising, then keep reading.
Here we have discussed some facts related to the Pet Supplies Plus franchise that will help you understand the company franchise policies.
About Pet Supplies Plus
Pet Supplies Plus is aimed at making it more comfortable to get better products and services for your pet.
It not only supplies pet food but also offers several services like grooming and animal expertise, all at a great value, allowing its customers to spoil their pets even more.
Pet Supplies Plus was the largest pet food retailer store in the USA in the year 2005. They provide you with a customized store layout designed for your locations.
They also assist you with purchasing any specialized equipment needed. Their team will help you determine the best site in the selected trade area.
History Of Pet Supplies Plus
In 1988, Pet Supplies Plus was established by Harry Shallop and Jack Berry in Redford, Michigan.
For over three decades, Pet Supplies Plus has been the undisputed leader in the pet retail industry.
Its mission is to be America’s Favorite Neighborhood Pet store.
In 1991, Pet supplies plus began offering franchises, and currently, Pet Supplies Plus has more than 570 locations in 36 states of the USA.
Pet Supplies Plus Franchise Model
Initial Investment | $455k – $1.5 Million |
Franchise-Fee | 49,900 |
Liquidity | $200,000 |
Royalty | 2% of monthly gross sales |
Area Requirement | N/A |
Total Outlets | 570 |
Training & Support Of Pet Supplies Plus
Pet Supplies plus provide training to the franchisees. The initial training must be attended by two trainees, and completing the training is compulsory for satisfaction.
The training will be held at the franchisor’s corporate headquarters or any other locations they may designate.
The training will be no longer than 80 hours, but if the franchisees have no experience in retail management or the pet industry, they may require up to 160 hours of training.
The franchisees have the option to enroll in the training for pet grooming or other services. Franchises will have to pay the training tuition fee.
Term & Renewal Of Agreement
The actual length of the franchise term is ten years from the date the franchise agreement is signed.
Franchisees have the option to renew the term for two consecutive five-year periods if requirements are met with the terms & conditions and the store is in good standing and making revenue.
How Much Does A Pet Supplies Plus Franchise Make?
There are several elements that determine the profitability of the Pet Supplies Plus franchise.
Profit varies depending on the scope of the investment, expenses, and demand for the product.
According to sources, Pet Supplies Plus is a very profitable business with franchise owners earning $12.1 million in 2021.
Pet Supplies Plus Alternatives
Company | Pearle Vision | Winzer |
---|---|---|
Founded In | 1961 | 1978 |
Initial Investment | $415,000-$644,000 | $5950-$16,153 |
Franchise-Fee | $20,000- $50,000 | $35,000 |
Liquidity | $100,000 | $1,000 |
Total Outlet | 553 | 287 |
Annual Revenue | $1.2 million | $42 million |
Frequently Asked Question
How much does it cost to start a Pet Supplies Plus Franchise?
Opening a Pet Supplies Plus franchise requires an initial investment of $455k – $1.5 Million.
How many are Pet Supplies Plus Franchise locations there in the USA?
Pet Supplies Plus has more than 570 franchise locations in the USA.
Who established Pet Supplies Plus?
Jack Berry Harry Shallop.
Are Pet supplies plus a Franchise?
Yes, Pet supplies plus is a privately held pet franchise store.
How much do the Pet supplies plus Franchise Cost?
To become an owner of a Pet supplies plus franchise, investors should expect to spend around $455k – $1.5 Million and an additional amount of $49,900 as a franchise fee.
Amit Gupta is an experienced expert in digital marketing and co-founder of DrFranchises. With more than 11 years of knowledge in franchise digital marketing, SEO, email marketing, and social media marketing, Amit has helped many brands achieve incredible success online. As a passionate entrepreneur and owner of 7 franchises, he continues to study franchise models, looking at costs, revenue, and profitability to guide brands toward profitable growth. When he’s not working on digital marketing, Amit enjoys spending time playing with his beloved dog.