Is Starting a Pet Store Franchise the Right Choice for You?
THE INDUSTRY
Nearly 85 million families in the United States have pets, according to the American Pet Products Association (APPA.) That is nearly 68% of all American households. There are nearly 90 million dogs owned countrywide and over 90 million cats, and those numbers continue to rise. Pet ownership has increased every year over the past two decades and this trend has no end in sight. With a strong market and tons of opportunity in the pet industry, you may be asking yourself, “Is starting a pet store franchise right for me?” If you have dreamt of owning your own business and have a love of animals, then starting a pet store franchise may just be the next big step in your career!
PET’S ARE TRENDING
Pet ownership is trending, and more households own a pet now than ever before. Not only is pet ownership on the rise, but we are not afraid to pamper our furry family members. This trend has been on the rise as more and more Americans hold off on marriage and starting families until later in life. While this trend may seem unrelated, research shows that millennials are treating pet ownership as a trial run for parenthood and are more likely than average to own a pet. With the number of pets growing each year and pet expenditure sales on the rise, it comes as no surprise that the pet franchise industry is booming.
By The Numbers
The numbers don’t lie, there is huge opportunity in the pet store franchise market. In 2016, pet owners spent $66.75 billion on their pets according to the APPA, and sales in the pet industry continue to rise. Sales in the pet industry are expected to reach $96 billion by 2020, according to Packaged Facts, a leading market research firm.
The pet industry is booming and Wag N Wash owners are experiencing this first hand. The unit economics of our stores speak for themselves. On average, a Wag N Wash location generates $1.6 million in annual gross revenue.
Why Choose Wag N’ Wash
Top Rated
Entrepreneur’s Franchise 500 for 2018 considers many of the key components of a successful franchise including:
- Investment costs and fees
- Size and growth
- Support
- Brand strength
- Financial strength and stability
While Franchise Gator Top 100 for 2018 focuses on the quality of the franchise system over time, looking at:
- Stability
- Growth
- Transparency
- Engagement
- Continuity
- Sustainability
Top Rated
Entrepreneur’s Franchise 500 for 2018 considers many of the key components of a successful franchise including:
- Investment costs and fees
- Size and growth
- Support
- Brand strength
- Financial strength and stability
While Franchise Gator Top 100 for 2018 focuses on the quality of the franchise system over time, looking at:
- Stability
- Growth
- Transparency
- Engagement
- Continuity
- Sustainability
Vision
Heart
With a growing market, a top rated franchise system, and an amazing work environment there has never been a better opportunity for an animal-loving entrepreneur. If you are ready to build a successful business that provides an amazing place for pet owners in your community to spoil their furry family members then starting a pet shop franchise with Wag N Wash is the right choice for you. Fill out the form below to find out more.