$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.
Franchise Owner Testimonials
Steve Adams (owner of 29 Pet Supplies Plus stores):
"The pet industry is an exciting and growing category of retail. Pet Supplies Plus provides the opportunity to enter the pet specialty niche with a proven and powerful business model that affords the entrepreneur an opportunity to build a business in a durable market niche. I’ve been a Pet Supplies Plus franchisee for 17 years and I continue to reinvest in the brand and plan to do so into the future."
Peter and Lori Nebel (owner since February 2014)
"Since the start of our relationship with Pet Supplies Plus, the team at Pet Central and Franchisees has been extremely supportive, knowledgeable in all facets of the pet industry, and are genuinely passionate about the well-being of pets. We opened our first store in February 2014, and have the highest level of confidence in its success because of the strong operational standards and practices that Pet Supplies Plus has to offer! Furry Regards, Peter, Lori, Roady & Sawyer"
Scott Altman (owner since December 2005)
"The Pet Supplies Plus franchise for us is a great opportunity to become my own boss in a dynamic expanding market into neighborhoods. We found Pet Supplies Plus is run by people very passionate about pets and the industry. Their dedication to the industry has made our adventure with Pet Supplies Plus a successful one. Being competitive is always a major concern; Pet Supplies Plus has been instrumental with ensuring we stay competitive.
PSP Franchising, LLC | 17197 N. Laurel Park Drive, Ste. 402, Livonia, MI 48152 | 734.793.6600
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.