Pet Supplies Plus

What Does a Pet Supplies Plus Franchise Cost?

Cash Required:$50,000
Franchise Fee:$40,000

Franchisor Details

Total Units:450
Year Founded:1991
Franchising Since:1991
Home Office: Livonia, MI
Awards:
Entrepreneur Magazine's FRANCHISE 500 Ranked 2018, Franchise Times TOP 200+, Franchise Business Review TOP 50 FRANCHISE, Franchise 500 RANKED #1 IN CATEGORY, 2017
  Own a rewarding business that's simple to own and fun to operate   $60 Billion Industry and Growing   Pet industry spending is at an all-time high with overall spending for 2015 expected to exceed $60 billion*. The American Pet Products Association reports that 65% of U.S. households own a pet, which equates to 79.7 million homes.  The pet supply industry has proven resilient expanding 6.5% year-over-year even during the most recent recession.   #1 Pet Franchise in America**   Our first store opened in Redford, MI in 1988, and Pet Supplies Plus has grown to over 320 franchised and corporate Pet Centers located in 26 states. With over 26 years of successful retail franchise experience, Pet Supplies Plus not only provides the tools essential for your success, but also the opportunity to achieve your American dream of independence, personal growth, and financial security.   Strong Unit Economics   Per our 2015 Pet Supplies Plus Franchise Disclosure Document Item 19 financial performance representation, our average sales for the top-third affiliate stores is $3.5 million and EBITDA is $507,000***.   Support You Can Take to the Bank   Our Pet Supplies Plus support team provides you with our signature TRAINING, proven SYSTEMS, and ongoing ASSISTANCE to help you be successful and to reach your financial and lifestyle goals.  Our programs include: Real estate and site selection, store design and layout, management and employee training, buying power, traffic-building marketing, store merchandising, POS hosting, operational support and much more.   Ask About Our Reduced Royalty   We have a low royalty and advertising fee. In fact, we've cut our royalty fee in half for new franchise owners from 4% of gross sales to 2% through their first 12 months in business. We'll keep it low throughout the life of their agreements by permanently reducing the royalty from 4% to 3%. This is a significant benefit for our owners and it continues to demonstrate our commitment to their success. This advertisement is not an offer to buy a franchise. An offer to buy a franchise can be made by prospectus only.  *AAPA reports that US consumers are projected to spend $60.59 billion on pets in 2015  ** Entrepreneur Magazine – Franchise 500® #197 (2015)  *** Item 19 of PSP Franchising, LLC's 2015 FDD provides that $3,487,389 is the top 3rd average gross sales achieved by 112 affiliate PSP stores during the measurement period beginning 12/29/13 and ending 1/3/15. Your results as a new franchisee may differ. Of the 112 affiliate PSP stores, 14 affiliate PSP stores, or 13% exceeded the top 3rd average annual gross sales.   Item 19 of PSP Franchising, LLC's 2015 FDD provides that $506,874 is the top third average annual EBITDA achieved by 112 affiliate PSP stores during the measurement period beginning 12/29/13 and ending 1/3/15. Your results as a new franchisee may differ. Of the 112 affiliate PSP stores, 12 affiliate PSP stores, or 11% exceeded the average unit annual EBITDA.?    

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