Pet franchises can be a great way to get the financial freedom you are looking for. They are not only a fun option for your business purchase, but the pet industry is booming meaning it can be a great choice financially as well. There are many options to choose from which is why it can be helpful to understand the best options out there and what they can provide you. So here are the best pet franchises to own in 2016.
This is a franchise that focuses on doggy daycare and boarding. In addition to this they have spa services for dogs. Their philosophy is to provide a positive experience for dogs no matter the service they are there for. They have been open since 2002, though they didn’t begin franchising until 2005. They currently have 22 franchise locations as well as 3 company owned locations across the United States. They are a popular name in the pet community which is why they are on the list of the best pet franchises to own.
Just as the name suggests, this is a pet supply retailer. Just think Home Depot for pets. They have a wide assortment of pet products. They even offer grooming services in stores as well. The company puts a huge spotlight on the franchisees taking personal pride in their location. This is why the company offers training and expect their franchisees to be pet parents themselves so they can give advice to their customers.
Camp Bow Wow
When thinking about the best pet franchises to own, you may automatically think about Camp Bow Wow. This is because they are one of the most popular names out there for doggy daycare. What most people do not realize is that this franchise also offers overnight pet boarding in addition to their day camp options. Their goal is to provide an environment that is fun for pets in a safe environment pet parents can feel comfortable with.
Pet Supplies Plus
This is another pet supply retailer and groomer that offers franchising opportunities. The aspect many people like is the revenue they can earn with their franchise, which is why we added them to this list of the best pet franchises to own 2016. However, they also have a very high startup cost. In fact, at the very least the franchise will cost over half a million dollars to start up. These costs could easily go over a million. For many, this is simply more than they want to spend.
Splash and Dash
The interesting thing about Splash and Dash is that it was created by pet store owners as a way to make life easier for their customers as well as bring in more income. The company offers a retail boutique and a full grooming salon. The main selling point of the franchise is the signature bath membership. This is a monthly subscription service that provides recurring revenue to franchise owners. The company has locations all over the United States and even in Canada and has made the Inc 500 list for fastest growing privately owned business the last two years in a row.
There are many good option in this list for the best pet franchises to own. The best thing you can do is figure out which industries within the pet industry suit you best. From there, look at what each franchise has to offer and what their franchisees think about the business so you can determine for yourself which of their franchises can give you just what you are looking for with this financial endeavor.