Multi-Unit Franchisee Magazine Special Edition | Page 74

RETAIL &
SERVICES

MULTI-UNIT

Buyer’s Guide

Demographics
Population, household income, pet
spend and other characteristics of
a trade area are evaluated to help
you make an informed decision
on the location of your store.

OPPORTUNITY

Description
The pet business is fun, simple
to operate and recession
resistant. Pet Supplies Plus
offers a wide array of pet
food, pet products, grooming
services and animal expertise.
The average store sales for
a franchise-owned store are
$2.5M per year. PSP is the
third-largest pet specialty
retailer and the largest pet
specialty franchise in the
U.S., operating 300+ stores
in 24 states. With a proven
business model, PSP is
celebrating its 26th year.

Fast Franchise Facts
Franchising Since: 1991

Multi-Unit Franchisee Operating Units: 65
Total Franchise Operating Units: 141
Company Operating Units: 172
Capital Investment: $300,000 - $1,100,000
Franchise Fee (per single unit): $49,900

Qualifications

Royalty Fee (per unit): 4%

Minimum net worth:

Earnings Claims: Yes

$750,000

Build-Out Options: Stores range from 5,500–10,000 square feet,
typically 2nd generation retail space in a grocery-anchored center.

Minimum liquid assets:
$150,000
An ideal Pet Supplies Plus
franchisee must align with
our company’s mission
to be America’s Favorite
Neighborhood Pet Store.
For a cultural fit, we look for
individuals that have strong
values and are hardworking,
fair, honest a