PSP

PSP

Pet Supplies Plus franchises operate retail stores offering a wide variety of pet food, pet supplies, small pets such as birds, reptiles, fish, and small animals (excluding dogs and cats), along with pet grooming, bathing services, and related products in a clean, bright environment. The business model is based on a proprietary system that includes uniform standards, supplier networks, store design, merchandising, marketing, and inventory management to ensure consistency and quality. They target pet-owning members of the general public seeking convenient retail pet products and services.

502
Locations
$541K–$1975K
Investment
Since 1991
Franchising
Pet ServicesLivonia, MIFusion Parent, LLCwww.petsuppliesplus.comDisclaimer

Franchise Costs


Franchise Fee
$49,900
Item 5 of FDD
Initial Investment Range
$540,520 $1,975,005
Low: $540,520High: $1,975,005
Item 7 of FDD
Royalty Rate
3.00%
of gross sales
Brand Fund
N/A
Item 6 of FDD
Fixed Monthly Fees
$1,322 – $1,672
Item 6 of FDD

3% royalty (2% first 12 months) + National Advertising Fund ($1,000/mo first 12 months; then 1/3 of up to 3.5% gross sales) + $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
Average Net Profit
$0
Average Gross Profit
$0

Data Based On: 347 Franchised Stores that were open and began operating prior to January 1, 2024, and operated the full Measurement Period under the same owner.

* Average gross profit calculated as Average Annual Gross Sales * Annual Gross Margin % (2,666,693 * 0.38). Average net profit (operating profit before taxes/interest and other unlisted expenses) calculated as Average Annual Gross Sales * (Annual Gross Margin % - Annual Rent % of Sales - Annual Labor Expense % of Sales) (2,666,693 * (0.38 - 0.069 - 0.144)). Best guess profit high assumes 0% additional operating expenses beyond Cost of Goods Sold, Rent, and Labor. Best guess profit low assumes 5% additional operating expenses beyond Cost of Goods Sold, Rent, and Labor, relative to gross revenue.

Extracted Item 19 Section

How PSP Compares


Key Insights

  • Higher investment than 82% of Pet Services franchises
  • #1 largest franchise system in Pet Services
FranchiseInvestmentFeeRoyaltyLocations
PSP
Current
$541K – $2.0M$50K3.0%502
DOG TRAINING ELITE$174K – $203K$110K8.0%395
POOP 911$4K – $26KN/A25.0%254
WOOF GANG BAKERY$184K – $507K$50K7.0%236
CAMP BOW WOW$944K – $1.2M$50K7.0%223
Sit Means Sit$67K – $164K$60K6.0%163
Pet Services Average
45 franchises
$349K – $710K$56K7.5%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 45 Pet Services 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
10CA
15
11SC
15
12TN
15
13PA
14
14MO
14
15VA
14

+25 more states

Franchisee Contacts


622 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

622 Contacts Available

Unlock all PSP franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

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 PSP franchise ranges from $540,520 to $1,975,005. This includes a franchise fee of $49,900. Ongoing royalty fees are 3.0% of gross sales.

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