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Franchise Picks
Pet Supplies Plus
 

Join the growing $40 Billion specialty Pet Supply industry! Pet Supplies "Plus" is the nation's largest franchised specialty pet supply retailer, with over 230 stores in 23 states. Our smaller store sizes provide a more convenient shopping experience for our customers, while allowing us to enter trade areas where our big-box warehouse style competitors can't. Even though our stores are smaller, we carry a larger variety of products, at retail prices that will often meet, or beat, our competitors.

Franchisor Background

Year Established:

  1988

Franchising Since:

  1991

Operating Units:

Franchised Units:225 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:225 100%  
 

Geographic Distribution:

U.S.:225 100% In 23 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:225 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Michigan55
2. New York19
3. Ohio46

Registered in Following Registration States:

   Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Rhode Island, Virginia, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$500K
Cash Investment:$250K
Total Investment:$450-500K
Average Total Investment:$475K
 

Fees:

Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:“$2,000 per month, + 2% of Sales over $1 Million
Average Royalty:0%
Advertising Fee:$2,500 per mo minimum

Average Number of Employees:

   3 - 5 Full-time, 10 - 12 Part-time

Space Needs (in square footage):

   8,000 to 10,000

Preferred Sites:

   Free-standing Building, Storefront

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:30
Site Selection Assistance?Yes
Lease Negotiation Assistance?No
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks
Additional Services:Grand Opening, In-house Marketing
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:At Additional Cost
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Not Applicable
 

Training:

1. Livonia, MI2 to 4 weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:3
Specific Industry Experience:2
Formal Education:3
Psychological Profile:4
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:5 years Year(s)
Term of Renewal Period:5 years Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 5 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   20 to 30
U.S.:Yes, Eastern United States
Canada:No
Overseas:No
 
 
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