(SBA.gov) Some of the best advice I can give to you if you’re looking to someday own a franchise business is to look at industries that are growing. The pet industry is one of them, and I have the stats to prove it.
The pet industry is huge....and it continues to grow, with or without a strong economy. Not many industries can claim to do that. But, is that reason enough for you to consider owning a business in the pet industry
Pet Industry Statistics
Take a look at how much money U.S. pet owners spend on their pets, year in and year out. Notice 2009-2010. The big recession took place then, and pet owners still increased their spending, according to the American Pet Products Association (APPA) numbers below.
Total U.S. Pet Industry Expenditures:
Year Billion
2014 $58.51 Estimated
2013 $55.72 Actual
2012 $53.33
2011 $50.96
2010 $48.35
2009 $45.5
2008 $43.2
The actual number of pet owning households is significantly higher than it was 20 years ago, according to the same 2013-2014 APPA National Pet Owners Survey*. It shows that 68% of U.S. households own a pet, which equates to 82.5 million homes. In addition, approximately four out of ten pet-owning households in the U.S. are multiple pet owners.
Pet Franchise Types
If you’re thinking of getting into the pet industry, the franchise sector offers several choices – different franchised concepts that offer a wide variety of pet products and services. Some of these franchises can be started as home-based businesses with a modest investment. Some require a brick and mortar location. Here are some examples of pet franchise opportunities:
Petland ­­­– Franchisees offer pet supplies, products and services to pet lovers in a retail setting. The company has been servicing the needs to pet owners for 45 years from their 500+ franchise locations.
Pet Supplies Plus® – Another retailer of pet products, supplies and services, Pet Supplies Plus has a large array of items that are produced in the U.S. In addition, stores partner with local animal rescue organizations hosting pet adoption events.
Zoomin Groomin – Franchisees of the concept bring pet grooming services right to their customers’ doors. Pets can experience full grooming services in the comfort of their own home or inside the Zoomin Groomin mobile washing and grooming vehicle.
Splash And Dash Groomerie And Boutique – This brick and mortar franchise offers a safe and comfortable environment for pet owners to bring their dogs and cats. They even offer unlimited monthly “bath and brush” packages for pets that seem to always get dirty.
Pet Butler ­– Speaking of “dirty,” there are certain duties that all pet owners have, and some of them are rather unpleasant. For pet owners that are willing to pay, Pet Butler provides pet waste cleanup and removal services, and has been doing so since 1988.
Zoom Room ­– Another brick and mortar franchise, Zoom Room offers dog training classes. In addition, Zoom Room franchisees offer agility training, educational seminars and Canine Good Citizen obedience training and testing.
Learning More
The pet franchise sector of franchising is unique in the fact that franchisees really need to have a love for pets. It would be difficult not to. In other words, if you don’t like dogs and/or cats, a pet franchise isn’t the one for you!
If you can see yourself in a business in which you’d be spending most of your time with animals ­– along with a few humans of course – consider looking into a pet franchise opportunity. Learn all you can about the industry, and talk to a lot of franchisees that are doing what you may want to be doing yourself.
Finally, make sure to talk with a franchise attorney before you enter into a franchise agreement. Working with pets can be rewarding, and even fun, but it’s still a business. You need to understand your responsibilities as a franchisee as well as the franchisor’s responsibilities.
* Non-U.S. Government link
Source: www.sba.gov
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