Full Answer
What is Pet Supplies Plus?
What is the franchise fee?
What is a military discount?
How long does a franchise last?
Where was the first pet store in Michigan?
Do franchisors have in-house financing?
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About this website
Is Pet Supplies Plus owned by PetSmart?
Pet Supplies Plus is currently owned by private equity firm Sentinel Capital Partners, which acquired the retailer just over two years ago.
How much is a PSP franchise?
The initial Franchise Fee is $49,900. You have to pay this upfront fee when opening the franchise.
What is Pet Supplies Plus net worth?
Pet Supplies PlusA Pet Supplies Plus location in Centerville, Ohio.BrandsVariousServicesDog grooming, self serve dog wash, pet adoptionsRevenue$2 billion (2021)Number of employees3,000 (2021)13 more rows
Can you franchise a PetSmart?
but disappointed because they don't offer franchise locations? PetSmart and Petco are often the first companies that come to mind when people think about pet franchises. However, while both of these pet store brands are nationally recognized, neither company franchises.
Who bought Pet Supplies Plus?
With more than 600 stores in 39 states, Pet Supplies Plus was acquired in January 2021 by Franchise Group in an all-cash transaction valued at approximately $700 million.
Are Pet Supplies Plus independently owned?
“We are the largest chain of independently owned and operated pet stores because our franchisees know the power of pairing local retail with best-in-class infrastructures and home office support,” said Chris Rowland, CEO of Pet Supplies Plus.
What company owns Chewy?
PetSmartChewy / Parent organizationPetSmart is a privately held American chain of pet superstores, which sell pet products, services, and small pets. It is the leading North American pet company, and its direct competitor is Petco. Its indirect competitors are Amazon, Walmart, and Target. Wikipedia
What company owns Petsmart?
BC PartnersArgos Holdings Inc.PetSmart/Parent organizations
What are the four Ps of Pet Supplies Plus?
Beginning around the 1960s as “modern” marketing (at that time, it was more like solely advertising), the 4 P's of marketing stood for product, place, price, and promotion. Without a doubt, these are still important when it comes to pet store marketing and selling more items to your customers from a retail standpoint.
Is Pet Valu a franchise?
Pet Valu is Canada's leading retailer of pet food and pet-related supplies with over 600 corporate-owned or franchised locations across the country.
How much is the original PSP worth?
A used PSP Go sells for anything between $68 – $480 depending on bundle type. These handhelds are worth much more if bundled together with the original box, manual, and cables.
Does the PSP store still work?
"When the PlayStation Store for PlayStation Portable (PSP) was previously closed in 2016, you were still able to perform searches and make in-game purchases. Starting July 6th, 2021, you'll no longer be able to perform searches or make in-game purchases," reads a message on the PlayStation website.
Why did PlayStation stop making PSP?
Sony discontinued the Playstation Portable because it was nearing the end of its life. The hardware wasn't that powerful enough to run new games and developers did not want to make games on the console anymore since people were moving on to the newer hardware of the time.
What's the difference between PSP 1000 and 2000 and 3000?
The PSP-3000 was released in 2008, following closely after the PSP-2000. It brought a brighter screen, earning it the nickname "PSP Brite," and a slightly better battery. It is generally considered the best of the PSP models overall, though if you're looking for homebrew capability, the PSP-1000 is still superior.
Pet Supplies Plus Franchise Opportunity | FranchiseOpportunities.com
Pet Supplies Plus - Franchise. Quick Franchise Summary. Pet Supplies Plus is America’s favorite neighborhood supermarket for cats and dogs. Over the last 30 years, it’s ‘pawprint’ has grown to over 560 Pet Stores in 36 states.
Most Profitable Franchise To Own| Pet Supplies Plus
*This information can be found in Item 19 of the 2022 Franchise Disclosure Document issued by PSP Franchising, LLC. The data reflects the calendar year beginning January 1, 2021, and ending December 31, 2021, and shows the data for 248 Reporting Financial Stores which were open and operating for 12 months as of December 31,2021.
Pet Supplies Plus Franchise (Costs + Fees + FDD) | Franchise Direct
Year Business Began: 1987. Franchising Since: 1991. Headquarters: Livonia, Michigan. Estimated Number of Units: 605. Franchise Description: PSP Franchising, LLC is the franchisor.The franchise offered is for the establishment and operation of retail stores offering pet food, pet supplies, pets, pet grooming and bathing services, and related products and services under the Pet Supplies Plus ...
Pet Supplies Plus Franchising | The Top Dog
*This information can be found in Item 19 of the 2022 Franchise Disclosure Document issued by PSP Franchising, LLC. The data reflects the calendar year beginning January 1, 2021, and ending December 31, 2021, and shows the data for 248 Reporting Financial Stores which were open and operating for 12 months as of December 31,2021.
How many stores does Pet Supplies Plus have?
Pet Supplies Plus is over 460 stores strong, with over 30 years of franchise experience in the pet supply business. Franchise Owners rely on us for our comprehensive training and ongoing support to keep their stores ahead of the competition and running strong.
How long are franchise stores open in 2020?
The data reflects the calendar year beginning January 1, 2020, and ending December 31, 2020, and shows the data for 220 Reporting Franchised Stores which were open and operating for 12 months as December 31, 2020. There is no assurance you will do as well.
How much does Pet Supplies Plus collect?
Pet Supplies Plus will collect $30,000 for the grand opening advertising requirement for your first Store and use those funds to implement an advertising/promotional program for the initial launch of your Store on your behalf based on Pet Supplies Plus’s knowledge and experience in marketing this type of business.
How much inventory do you need for Pet Supplies Plus?
You must maintain a minimum amount of inventory ranging from $146,000 to $230,000 depending on the location and size of your Store, as set forth in Pet Supplies Plus’s Operations Manual.
How many square feet are in a retail store?
The figures above assume that you will lease the location for your Store. Your Store is typically a retail store in sound condition, of approximately 3,000 to 8,000 square feet.
Is Pet Supplies Plus refundable?
Unless otherwise stated in this Item, all payments to Pet Supplies Plus are non-refundable. For any amounts paid to third parties, the availability and conditions under which you may obtain refunds will depend on the terms offered by those third-party suppliers.
Can you purchase equipment from Pet Supplies Plus?
Pet Supplies Plus will provide you, prior to opening, with copies of its specifications for all equipment required for your Store. You may purchase equipment from any source approved by Pet Supplies Plus if the equipment complies with Pet Supplies Plus’s specifications.
Background
Pet Supplies Plus is focused on making it easier for Pet Parents to get better products and services for their pets. With over 425 locations in 33 states, our stores have a streamlined design making it easy to navigate a wide assortment of natural foods, hard goods and pet services.
Company Details
Established: 1988 First Unit Franchised: 1991 Franchised Units: 318 Company Owned Units: 242 States Registered In: All but Hawaii and Alaska Canada Franchises: No International Franchises: No
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What is Pet Supplies Plus?
Pet Supplies Plus welcomes driven, business savvy entrepreneurs who love pets to join their front running team. Franchise Owners come from all different professional backgrounds including working for Fortune 500 companies, for the military, as multi-concept franchise owners looking to expand their business profile and as people looking for an active retirement plan.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
How long does a franchise last?
Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
Where was the first pet store in Michigan?
Jack Berry and Harry Shallop opened their first supermarket-style pet food and supply store in Redford, Michigan, in the late 1980's, and by 1990, they were franchising Pet Supplies Plus. In addition to food and supply sales, the stores offer services such as grooming, self-serve pet washes and adoptions events.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
How long does it take to open a Pet Supplies Plus store?
It generally takes around 120 days after the execution of your lease agreement to open your Pet Supplies Plus store. The entire process from identifying a site to the opening of your doors can take anywhere from 4 to 12 months.
Why is it important to own a franchise?
What is more important to us is that Franchise Owners have a strong desire to succeed and grow their business. Existing Franchise Owners have a record number of accomplishments in business, but more importantly, a sincere appreciation for the overriding importance of customer engagement and great customer service.
Does Pet Supplies Plus offer financing?
Pet Supplies Plus does not offer direct or indirect financing. We will not guarantee your note, lease or other obligation.
What is Pet Supplies Plus?
Pet Supplies Plus welcomes driven, business savvy entrepreneurs who love pets to join their front running team. Franchise Owners come from all different professional backgrounds including working for Fortune 500 companies, for the military, as multi-concept franchise owners looking to expand their business profile and as people looking for an active retirement plan.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
How long does a franchise last?
Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
Where was the first pet store in Michigan?
Jack Berry and Harry Shallop opened their first supermarket-style pet food and supply store in Redford, Michigan, in the late 1980's, and by 1990, they were franchising Pet Supplies Plus. In addition to food and supply sales, the stores offer services such as grooming, self-serve pet washes and adoptions events.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
