The initial franchise fee is $40,000 per location. The royalty structure is $1,000 per month, plus 4.0 % of sales over $25,000 per month gross sales. Fees compare favorably with other retail franchise concepts of similar size.
The total investment necessary to begin operation of a Pet Supplies Plus franchise Ranges from $291,000 to $876,000 for a small store franchise to $394,500 to $1,098,709, for a larger store. Store sizes are determined by market size. Pet Supplies Plus franchise owner candidates should have a net worth of at least $500,000, with a minimum of $150,000 to $250,000 in liquid, unencumbered assets to invest in a Pet Supplies Plus store.
Special offer for qualified veterans: $20,000 off initial fee
— Note: The large or small store option is dependent on the commercial market size. Please speak with our franchise development specialists to learn more.
Additional information can be found in item 7 of PSP's FDD.
"The pet industry is an exciting and growing category of retail. Pet Supplies Plus provides the opportunity to enter the pet specialty niche with a proven and powerful business model that affords the entrepreneur an opportunity to build a business in a durable market niche. I've been a Pet Supplies Plus franchisee for 17 years and I continue to reinvest in the brand and plan to do so into the future."