Multi-Unit Franchisee Magazine 2012 Buyer's Guide | Page 58

RETAIL & SERVICES MULTI-UNIT Buyer’s Guide Qualifications If you enjoy working with the public in a fun retail environment, and have the ability to follow a well-defined successful program, Pet Supplies “Plus” is for you. Our in-depth training program and on-going operational support after your store opens will provide you with all the tools you need to become a successful Pet Supplies “Plus” owner. OPPORTUNITY Description Be part of the growing $53 Billion Pet Supply Industry! Pet Supplies “Plus” is the largest franchised specialty pet supply retailer in the nation, with over 240 stores in 23 states. Our smaller store sizes and lower operating costs allow our franchisees to be successful in a variety of retail climates. PSP stores offer a selection of items that rival that of our big-box competitors, in a much more convenient and pleasing shopping environment. Demographics Trade areas for successful Pet Supplies “Plus” stores have a population base of 75,000 or greater. We target middle to upper-income shoppers, and prefer high retail traffic areas. Our smaller-sized stores are convenience oriented, so we can locate our stores closer to our customers homes than the larger big-box warehouse style competitors. Fast Franchise Facts Franchising Since: 1989, founded 1988 Multi-Unit Franchisee Operating Units: 53% Total Franchise Operating Units: 152 Company Operating Units: 92 Capital Investment: $650,000–$750,000 Franchise Fee (per unit): $40,000 Royalty Fee (per unit): $3,000/mo +2.25% over $83,333/mo Advertising fee (per unit): 2,500 per month Earnings Claims: No Build-Out Options: 8,000 to 10,000 square feet, 2nd generation space, In-line or Free-Standing Available Territories: Single- and multi-store areas available throught eastern and southern United States. Visit www. pspfranchise.com for detailed market availability. Contact Marc Kiekenapp Direct (480) 664-0851 Mobile (480) 266-0169 [email protected] www.petsuppliesplusfranchise.com 56 Franchisee candidates shouldhave a minimum net worth of $1 million and be able to make an equity contribution of no less than 50% of the total project cost. MULTI-UNIT BUYER’S GUIDE 2012 SITE LOCATION Assistance Pet Supplies “Plus” will work with you to secure the best sites in the best trade areas. We can work with local real estate brokers, if necessary. Our demographic program can tell you not only how many people live in a given trade area, but what types of pets they own and how much they spend on them. Rankings & Awards Franchise Times Magazine: Consistently featured in the “Top 200 Franchising Chains” ranking since 2006, and in 2010 ranked as #119 in terms of overall sales.