PET SUPPLIES PLUS

PET SUPPLIES PLUS

Pet Supplies Plus franchises retail stores offering a wide variety of pet food, supplies, small pets (such as birds, reptiles, fish, but not dogs or cats), grooming, bathing services, and related products in clean, bright environments with wide aisles. The business model centers on a proprietary system including uniform standards, supplier networks, store design, merchandising, marketing, and operations to maintain brand consistency. It targets pet owners seeking convenient, high-quality pet products and services.

502
Locations
$537K–$1965K
Investment
Since 1991
Franchising
RetailLivonia, MIFreedom VCM, Inc.www.petsuppliesplus.comDisclaimer

Franchise Costs


Franchise Fee
$49,900
Item 5 of FDD
Initial Investment Range
$536,520 $1,965,005
Low: $536,520High: $1,965,005
Item 7 of FDD
Royalty Rate
3.00%
of gross sales
Brand Fund
1.20%
Item 6 of FDD
Fixed Monthly Fees
$1,322 – $1,672
Item 6 of FDD

3% royalty (2% first 12 months) + ~1.2% brand fund (NAF, $1,000/mo first 12 months then 1/3 of ad contribution) + $925-$1,200/mo technology + $265-$340/mo POS lease + $132/mo grooming software

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 347 Reporting Franchised Stores operating from January 1, 2024 to December 28, 2024.

* Best Guess Profit High calculated as: Average Annual Gross Sales ($2,666,693) * High Annual Gross Margin % (50.8%) - (Average Annual Gross Sales ($2,666,693) * Average Annual Rent % of Sales (6.9%)) - (Average Annual Gross Sales ($2,666,693) * Average Annual Labor % of Sales (14.4%)) = $786,674. Best Guess Profit Low calculated as: Average Annual Gross Sales ($2,666,693) * Low Annual Gross Margin % (27.7%) - (Average Annual Gross Sales ($2,666,693) * Average Annual Rent % of Sales (6.9%)) - (Average Annual Gross Sales ($2,666,693) * Average Annual Labor % of Sales (14.4%)) = $170,668.

Extracted Item 19 Section

How PET SUPPLIES PLUS Compares


Key Insights

  • Higher investment than 87% of Specialty Retail franchises
  • Top 10 largest franchise system in Specialty Retail
FranchiseInvestmentFeeRoyaltyLocations
PET SUPPLIES PLUS
Current
$537K – $2.0M$50K3.0%502
MERLE NORMAN COSMETICS$48K – $260KN/AN/A797
CORNWELL$80K – $324KN/AN/A793
BATTERIES PLUS$263K – $497K$45K5.0%604
WILD BIRDS UNLIMITED$227K – $379K$40K4.0%340
YOUR CBD STORE$96K – $151K$20K2.0%275
Specialty Retail Average
46 franchises
$285K – $708K$38K5.0%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty Retail franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1TX
80
2MI
49
3FL
35
4IL
31
5NC
23
6WI
21
7AL
17
8OH
16
9IN
16
10TN
15
11CA
15
12SC
15
13PA
14
14GA
14
15VA
14

+26 more states

SBA Loan History


Historical SBA 7(a) loan data for PET SUPPLIES PLUS franchisees (20112025)

Total Loans
225
Average Loan
$820,029
Total Volume
$184.5M
Default Rate
1.8%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


598 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

598 Contacts Available

Unlock all PET SUPPLIES PLUS franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases2

Primarily breach of franchise agreement disputes involving termination/renewal failures, non-compete violations, unauthorized inventory sales, Lanham Act violations, and trade secrets misappropriation, both cases linked to the same franchisee owner.

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Parent Franchise Group, Inc. and affiliates including PSP Franchising, LLC filed Chapter 11 on November 3, 2024 (ongoing).

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
3
Ceased Ops
8
Transfers
19
Sold to Franchisees
0
Projected New
23

Frequently Asked Questions


The total initial investment to open a PET SUPPLIES PLUS franchise ranges from $536,520 to $1,965,005. This includes a franchise fee of $49,900. Ongoing royalty fees are 3.0% of gross sales.

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