Franchise FAQ

is pet supplies plus a franchise

by Ms. Vella Zboncak Published 2 years ago Updated 1 year ago
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How many stores does Pet Supplies Plus have?

How long are franchise stores open in 2020?

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Are Pet Supplies Plus franchises?

With over 600 stores and 30 years of franchise experience, Pet Supplies Plus outruns other pet stores.

Is Pet Supplies Plus a chain?

"Pet Supplies Plus has evolved tremendously with additional investment and advancements for technology, marketing and merchandising support. We're now a national chain that has intentionally kept its local neighborhood feel."

Is Pet Supplies Plus owned by chewy?

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?

What does it cost to open a Pet Supplies Plus store? Typically, the all-in cost to open a Pet Supplies Plus ranges from $440,600 to $1,315,200. This range includes inventory, equipment, construction, signs, pre-opening expenses, etc.

Who bought out Pet Supplies Plus?

Franchise GroupWith 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.

Is Pet Supplies Plus the same as PetSmart?

PetSmart is a larger chain than Pet Supplies Plus, meaning finding a PetSmart location in your state is going to be easier. However, both offer online as well. PetSmart's larger size also allows the store to match competitive prices more often than Pet Supplies Plus.

Is Chewy still owned by PetSmart?

In 2017, Chewy was acquired by PetSmart for $3.35 billion, which was the largest ever acquisition of an e-commerce business at the time. Chewy, Inc....Chewy (company)TypePublicOperating incomeUS$−72.2 million (2021)Net incomeUS$−73.8 million (2021)Total assetsUS$2.086 billion (2021)Total equityUS$14.74 million (2021)13 more rows

Does Amazon own PetSmart?

PetSmart 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.

Is Chewy owned by Walmart?

Retail chain PetSmart has acquired pet food and product site Chewy for $3.35 billion on Tuesday, Recode reported. The deal is the largest e-commerce acquisition in history, beating Walmart's $3.3 billion acquisition of Jet.com in August 2016. Chewy is one of the fast-growing e-commerce sites.

Is PetSmart a franchise?

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.

Is Petland a franchise?

Franchise Description: Petland Inc. is the franchisor. The franchisor operates and licenses franchisees to operate pet stores under either the brand name “Petland” or “Safari Stan's Pet Center” in a particular location.

What companies does franchise group own?

Franchise Group's business lines include Pet Supplies Plus, American Freight, The Vitamin Shoppe, Badcock Home Furniture & more, Buddy's Home Furnishings and Sylvan Learning.

What company owns PetSmart?

BC PartnersArgos Holdings Inc.PetSmart/Parent organizations

How many Pet Supplies Plus are there in the US?

As of February 2021, Pet Supplies Plus store locations consisted of over 560 stores in 36 states.

Who owns Chewy com?

PetSmartPetco's offer would be paid for in part using stock, whereas PetSmart offered an all-cash bid that would also allow Chewy to remain a completely separate business. Chewy was acquired by PetSmart in May 2017 for $3.35 billion, which at the time was the largest ever acquisition of an e-commerce business.

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.

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.

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 Corporate Office & Headquarters

Note: This is not to be used to contact Pet Supplies Plus Corporate Offices nor is this site affiliated with them in any way. The purpose of this site is supply you with their phone number and address as well as share your thoughts about Pet Supplies Plus. Your review will be posted and available for anyone to read so please keep that in mind when posting personal information.

Contact Us | Pet Supplies Plus

Contact Pet Supplies Plus. We are unable to take returns or offer refunds on prescription products due to state and federal laws prohibiting pharmacies, including those providing home delivery, to resell prescription products, even if unopened.

How many stores does Pet Supplies Plus have?

Pet Supplies Plus Franchise Owners benefit from the buying power of more than 460 stores. By developing solid relationships with leading manufacturers in the pet supply industry, our Franchise Owners can offer retail customers great values on all their pet supply needs.

What is Pet Supplies Plus?

Pet Supplies Plus provides you with a customized store layout specifically designed for the unique characteristics of your location. We also assist you with purchasing all the specialized equipment and fixtures needed to set up your store.

How long is Pet Supplies Plus training?

Pet Supplies Plus provides a comprehensive 2 week (14 consecutive days), immersive, hands-on owner/operator experience that focuses on all operational aspects of running a Pet Supplies Plus store. This immersive experience includes merchandising, product ordering, daily retail operations, P&L basics, customer service, cash handling and more and is facilitated at one of our certified corporate training stores located throughout the U.S. Online training and other resources help support employees on processes and behaviors that support neighborly, knowledgeable and trustworthy relationships with customers in our stores. Additionally, district team leaders (DTLs) are business and branding partners who work with you after you open your store, to share ideas and best practices, while helping to guide you along the way.

What is POS hosting?

With our specialized POS hosting system, Franchise Owners have the ability to print tags and signs at the store level. Features of the system include item file maintenance, retail pricing, shelf signs and labels, store set printing, price verification, scanned inventory, and product movement.

What is a Pet Supplies Plus franchise?

Pet Supplies Plus Franchise Owners are many things—dedicated, smart, fun, involved—and they come from all walks of life. But one thing they all share is a genuine love for pets. If you are interested in a Pet Supplies Plus franchise but aren’t crazy about pets, you just might be barking up the wrong tree. If you DO love pets and have the motivation to do well and make the most of your investment, you are just the kind of person we are looking for.

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.

What does a Pet Supplies Plus Franchise Cost?

The cost to open a Pet Supplies Plus ranges from $440,600-$1,315,200. This range includes inventory, equipment, construction, signs, pre-opening expenses, etc. You will find that these costs will vary based upon the size of your franchise store, rent, amount of landlord's "Tenant Improvement" dollars negotiated, and local real estate and construction factors. For a complete listing, please refer to Item 7 in the Pet Supplies Plus FDD.

What is Pet Supplies Plus?

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, training, buying power, traffic-building marketing, store merchandising, operational support and much more.

How much does it cost to open a pet supplies plus?

The cost to open a Pet Supplies Plus ranges from $440,600-$1,315,200. This range includes inventory, equipment, construction, signs, pre-opening expenses, etc. You will find that these costs will vary based upon the size of your franchise store, rent, amount of landlord's "Tenant Improvement" dollars negotiated, and local real estate and construction factors. For a complete listing, please refer to Item 7 in the Pet Supplies Plus FDD.

How much will the pet industry spend in 2020?

Pet industry spending is at an all-time high with overall spending for 2020 expected to exceed $96 billion1 . The American Pet Products Association reports that 68% of U.S. households own a pet, which equates to 84.6 million homes. The pet supply industry has proven resilient expanding 6.5% year-over-year even during the most recent recession.

Where is Pet Supplies Plus located?

Our first store opened in Redford, MI in 1988, and Pet Supplies Plus has grown to over 450 franchised and corporate Pet Centers located in 33 Midwest and Eastern states. With over 30 years of successful retail 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.

Is Pet Supplies Plus a partnership?

Brian Rolf#N#“Our experience with Pet Supplies Plus has been a pure partnership. We were concerned about not having any creative license, but the Pet Supplies Plus corporate staff has proven to be the opposite – they welcome and have actually incorporates some of our ideas into their larger structure.”

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

Franchises Similar to Pet Supplies Plus

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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.

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 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.

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