Best Pet Franchises for 2015 Review
Franchises are the perfect opportunity for entrepreneurs who want to make a significant amount, especially when you compare this to starting a business on your own or even buying a small business. This is because you know the franchise is branded and offers a proven business strategy. Here are the best pet franchises for 2015. We have taken a look at the different options and have come up with the best franchise options.
5. Three Dog Bakery
Dog bakeries can be a really fun business and Three Dog Bakery has created a classy franchise brand that is similar to Woof Gang Bakery. While the brand was originally started in 1990, it did not open for franchising until 2007. While this is in the list of the best pet franchises for 2015, it does have a few drawbacks including the cost and the amount of labor required for baking all the treats. You will also need to attend bakery training in addition to franchise training with this company.
Franchise Fee: $25,000
Total Investment: $144,200 to $282,000
The biggest reason Petland landed on our best pet franchises for 2015 list is also the main drawback for this franchise- they sell pets. This can be a good revenue source for the business, especially when dealing with high price pets. The problem with this is the extra costs that go into caring for these animals every day until they are sold. Another benefit of this company is that they have been in business for close to 50 years and have offered franchising for almost the entire time. The downside to this though is that the initial investment is one of the highest on this list.
Franchise Fee: $30,000
Total Investment: $296,500 – $994,000
3. Pet Supplies Plus
This is a company that is well known as there are over 300 locations. While they do not sell pets in the way that Petland does, they do have adoption events. Most of what they sell at these locations are pet supplies and grooming services. The cost is the highest of any of the others on our best pet franchises for 2015 list and have strict requirements such as $750,000 minimum worth in order to qualify for a franchise.
Franchise Fee: $49,000
Total Investment: $300,900 – $1,108,609
2. Camp Bow Wow
Doggie daycare is a trendy market at the moment. People with hyper animals and demanding jobs have found this to be an excellent way to get their pet the activity they need to stay healthy and keep from destroying the house. This is why these franchises are so popular. There are many other regulations and liability on these businesses than other pet franchises as you will be handling pets for long periods of time. There is also a need for extensive staff to care for the dogs and offer grooming services. The in-home care services can add to the revenue potential of the business but can also be quite costly.
Franchise Fee: $50,000
Total Investment: $339,600 – $708,000
1. Splash and Dash Groomerie & Boutique
There are several reasons why Splash and Dash has made it to the top of the Best Pet Franchises in 2015 list. For one, it is a fun brand that incorporates a grooming salon with a high end retail boutique. It also has the lowest franchise fee and total investment of any of these franchise opportunities. Moreover, this is the only franchise on the list that offers a unique business model with the signature bath membership. This creates a recurring revenue that drives traffic into the store and improves sales in both the retail boutique and grooming salon.
Franchise Fee: $18,000
Total Investment: $53,153 – $135,600