THE
INVESTMENT
Opportunity
The Wag N’ Wash pet store franchise has seen a huge increase in revenues and rapid expansion over the last several years. Year over year sales for locations open for two years or more was a 7% increase this past year. As you go through our Education Process, you’ll have the opportunity to speak with our Franchise Development Director and look through our Franchise Disclosure Document (FDD).
Our FDD, including our Item 19, contains all of the sales and financial performance numbers from our open locations, as well as a detailed description of our business model. It provides AUV numbers for stores open two or more years, and provides specific PnL statements from each of the corporate stores. To date, Wag N’ Wash stores are averaging average annual store sales of $1.5M, and 57% of our Franchise Owners have met or surpassed that average.
“The response from the community has been amazing. We have some big-box pet retailers nearby, but people want to support local business and have commented on our customer service and the overall atmosphere of our store.”
– LAURA ARMSTRONG LEDER
Wag N’ Wash Franchise Owner
CHERRY HILLS, NJ
What Will It Cost?
The average investment to get fully up and running is $510,910-$843,410. This includes the franchise fee of $45,000, real estate, build-out costs, training expenses, initial advertising and marketing, signage, equipment, inventory and supplies, grand opening costs, three months of living costs, and other expenditures to get your business off the ground.
Franchise Fee
%
Royalty
%
Marketing Fund
Total Investment
*Numbers based on Item 7 of Franchise Disclosure Document.
INVESTMENT BREAKDOWN
TYPE OF EXPENDITURE
LOW END
COST
HIGH END
COST
Initial Franchise Fee
$45,000
$45,000
Training Expenses
$1,000
$5,000
Real Estate Leasing – 3 months
$25,000
$45,000
Leasehold Improvements
$265,000
$409,500
Architectural/Engineering Fees
$5,000
$20,000
Site Opening Assistence
$30,000
$30,000
Furniture/Fixtures/Equipment
$60,000
$85,000
Signage
$3,000
$12,500
POS Computer Software
$6,000
$9,000
Lightspeed Software License
$3,435
$3,435
POS System Firewall & Set Up
$2,775
$2,775
Inventory & Supplies
$30,000
$50,000
Store Use Equipment & Supplies
$6,000
$12,000
Logo Gear & Uniforms
$1,500
$2,000
Utility Deposits
$4K
$20,000
Initial Advertising
$2,500
$7,000
Insurance Premiums
$1,500
$3,000
Licenses & Permits
$500
$2,500
Alarm/Surveillance
$0
$1,000
Internet/Phone Lines
$200
$1,000
In Store Signage
$1,300
$2,000
Technology Fee
$1,350
$1,350
Music Source Start-Up
$1,350
$1,350
Professional Expenses
$1,500
$8,000
Miscellaneous Opening Expenses
$3,000
$5,000
Additional Funds – 3 Months
$10,000
$60,000
TOTAL
$510,910
$843,410
HOW MUCH WILL I MAKE?
Our Franchise Owners have a lot of fun and they feel great about making a real difference in their communities. But they are also serious about financial performance. Our pet store franchise opportunities have unit economics that speak for themselves. On average, our stores generate $1.5 million in annual revenue.
Average unit volume
$1.5 millon
“We set our financial goals high, committed ourselves 110% and we achieved our goals in less time than we planned. Our growth was organic and everyday gets easier and easier. We now have two locations and can’t wait to continue to grow our Wag N’ Wash business.”
– RICH STRAUSS
Wag N’ Wash Franchise Owner
PHOENIX, AZ
TAKE A TOUR
What does your investment get you? One cool place that is like no other companion pet experience. Check out the tours below to see what we mean.
Castle Rock
Located 30 minutes from downtown Denver, Wag N’ Wash Castle Rock is 5000 sq. ft of awesomeness for our four-legged visitors. Candidates who are invited to a Discovery Day in Colorado will tour this location as their first stop.
Powers
Located in Colorado Springs, Wag N’ Wash Powers is sure to impress even the fussiest of four-legged visitors. This location features a second story grooming station that gives pets a great view of all the action in the retail center.
