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Pet Supplies Plus Franchise ProfilePet Franchises > Pet Supplies Retail |
How To Open a Pet Supplies Plus Franchise?
To begin your journey as a Pet Supplies Plus franchisee, you'll need to complete an ownership application. After your application is reviewed, you may be invited for an interview process, which includes discussions with current franchisees and meetings with the franchise support team. Once you pass these steps, you will sign a Franchise Agreement and receive the necessary training. The entire process from application to store opening typically takes about 8 to 18 months, depending on various factors like site selection and construction timelines.
What Are the Costs Involved in Opening a Pet Supplies Plus Franchise?
The initial investment for a Pet Supplies Plus franchise ranges from $498,320 to $1,978,605. This figure includes an initial franchise fee, which can be between $205,270 and $335,300 depending on the store type. Additionally, you will need to maintain an inventory valued between $170,000 and $290,000, ensuring you can meet consumer demand.
Why Choose Pet Supplies Plus for Your Franchise Investment?
Pet Supplies Plus offers a diverse selection of pet food, supplies, and services in a convenient retail environment. The brand is well-recognized, and the pet industry continues to grow, providing a solid market opportunity. Franchisees benefit from a comprehensive support system, ongoing operational assistance, and access to proprietary inventory selection processes and marketing strategies.
Is Owning a Pet Supplies Plus Franchise Right for You?
Owning a Pet Supplies Plus franchise can be rewarding if you have a passion for pets and retail. However, the pet supply market is competitive, requiring strong managerial skills and a focus on customer service to succeed. Before committing, evaluate your financial readiness and align your personal goals with the franchise's operational model.
Pet Supplies Plus Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
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Pet Supplies Plus Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.
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| Units | 2021 | 2022 | 2023 |
|---|---|---|---|
| Total Units | 519 | 603 | 663 |
| Net Change YoY | 84 | 60 | |
| Franchised Units | 302 | 374 | 429 |
| Net Change YoY | 72 | 55 | |
| Corporate Units | 217 | 229 | 234 |
| Net Change YoY | 12 | 5 |
Company Background
Pet Supplies Plus is a leading pet supply retailer founded in 1988, dedicated to providing a wide variety of pet products and services to pet owners across the United States. With over 500 locations, the brand focuses on offering quality pet food, toys, and health supplies, alongside a commitment to customer service and community involvement. Their stores are designed to be welcoming and accessible, making it easy for pet parents to find what they need for their furry friends.
Franchise Opportunity
Becoming a Pet Supplies Plus franchisee presents an exciting opportunity for entrepreneurs passionate about pets. The franchise model offers comprehensive support, including training, marketing, and operational guidance, making it easier for new owners to establish and grow their business. With a strong brand reputation and a proven business model, Pet Supplies Plus is positioned for continued growth in the thriving pet industry, making it an attractive choice for potential franchisees.
Corporate Structure
Pet Supplies Plus operates as a subsidiary of Franchise Group, Inc., a publicly traded company. The franchise was founded by Jack Berry and has evolved significantly since its inception. The corporate headquarters is located in Livonia, Michigan, where they oversee franchise operations, marketing strategies, and brand development. Their experienced team is dedicated to supporting franchisees in achieving their business goals.
Royalties
Franchisees of Pet Supplies Plus are required to pay a royalty fee of 5% of gross sales, alongside an advertising contribution of 2% for national marketing efforts. This structure allows franchisees to leverage the strength of the Pet Supplies Plus brand while contributing to collective marketing initiatives that drive customer awareness and sales.
Company Mission
At Pet Supplies Plus, our mission is to be the favorite neighborhood pet supply store that provides pet parents with everything they need to keep their pets happy and healthy. We prioritize quality, affordability, and convenience, ensuring that our customers have access to a range of products that enhance the lives of their pets. By fostering a community of pet lovers, we aim to promote responsible pet ownership and enrich the bond between pets and their owners.
Brand Story
Pet Supplies Plus began as a single-store operation in 1988, founded by Jack Berry with a vision to create a pet supply store that focuses on customer service and community engagement. Over the years, the franchise has grown exponentially, now boasting more than 500 locations nationwide. The brand's emphasis on providing a vast selection of products at competitive prices, coupled with knowledgeable staff, has helped Pet Supplies Plus become a trusted name in the pet supply industry, attracting loyal customers and franchisees alike.
Frequently Asked Questions
The total investment necessary to begin operation of a Pet Supplies Plus franchise ranges from approximately $498,320 to $1,978,605. This includes fees payable to the franchisor and other startup costs .