Woofie's ’s Post

𝐏𝐞𝐭 𝐒𝐮𝐩𝐩𝐥𝐲 𝐅𝐢𝐫𝐦𝐬 𝐀𝐰𝐚𝐫𝐝 95 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭𝐬 𝐀𝐦𝐢𝐝 𝐏𝐞𝐭 𝐒𝐮𝐫𝐠𝐞 𝘞𝘪𝘵𝘩 𝘋𝘰𝘶𝘣𝘭𝘦-𝘋𝘪𝘨𝘪𝘵 𝘎𝘳𝘰𝘸𝘵𝘩, 𝘗𝘦𝘵 𝘚𝘶𝘱𝘱𝘭𝘪𝘦𝘴 𝘗𝘭𝘶𝘴 𝘙𝘢𝘯𝘬𝘴 𝘕𝘰. 21 𝘪𝘯 𝘍𝘳𝘢𝘯𝘤𝘩𝘪𝘴𝘦 500® 𝘙𝘢𝘯𝘬𝘪𝘯𝘨 + 𝘞𝘢𝘨 𝘕’ 𝘞𝘢𝘴𝘩 𝘏𝘪𝘵𝘴 𝘔𝘢𝘫𝘰𝘳 𝘔𝘪𝘭𝘦𝘴𝘵𝘰𝘯𝘦𝘴 LIVONIA, Mich. — Leading the charge in an industry that continues to rise, Pet Supplies Plus and Wag N’ Wash embark on a new year with double-digit signed franchise agreements and openings in 2023. While each franchise opportunity provides prospects a unique offering, both legacy brand Pet Supplies Plus and emerging concept Wag N’ Wash have the billion-dollar backing of 30+ years of franchise and industry experience. As the largest pet retail franchise in North America, Pet Supplies Plus wrapped the year awarding 83 franchise agreements and maintaining its robust store services growth. Wag N’ Wash, the emerging self-wash, grooming and natural pet food franchise, secured 12 agreements and has now doubled in store count since being acquired in early 2022. “𝘙𝘦𝘧𝘭𝘦𝘤𝘵𝘪𝘯𝘨 𝘰𝘯 𝘵𝘩𝘦 𝘺𝘦𝘢𝘳, 𝘵𝘩𝘦 𝘬𝘦𝘺 𝘵𝘰 𝘰𝘶𝘳 𝘴𝘶𝘤𝘤𝘦𝘴𝘴 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘰𝘧𝘧 𝘢 𝘴𝘵𝘳𝘰𝘯𝘨 𝘵𝘳𝘢𝘤𝘬 𝘳𝘦𝘤𝘰𝘳𝘥, 𝘪𝘮𝘮𝘦𝘯𝘴𝘦 𝘱𝘢𝘴𝘴𝘪𝘰𝘯 𝘰𝘧 𝘰𝘶𝘳 𝘤𝘶𝘳𝘳𝘦𝘯𝘵 𝘧𝘳𝘢𝘯𝘤𝘩𝘪𝘴𝘦 𝘰𝘸𝘯𝘦𝘳𝘴, 𝘦𝘮𝘱𝘩𝘢𝘴𝘪𝘻𝘪𝘯𝘨 𝘰𝘶𝘳 𝘳𝘦𝘤𝘦𝘴𝘴𝘪𝘰𝘯-𝘳𝘦𝘴𝘪𝘭𝘪𝘦𝘯𝘵 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴, 𝘢𝘯𝘥 𝘭𝘦𝘷𝘦𝘳𝘢𝘨𝘪𝘯𝘨 𝘰𝘶𝘳 𝘴𝘵𝘳𝘰𝘯𝘨 𝘭𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘵𝘦𝘢𝘮,” shared Nick Russo, Chief Development and Stores Officer of Pet Supplies Plus Group. The success of Pet Supplies Plus has not gone unnoticed. Most recently, the brand was named the top pet franchise in Entrepreneur‘s Franchise 500®, the world’s first and most comprehensive franchise ranking. Pet Supplies Plus, a subsidiary of Franchise Group, Inc., is focused on making it easier to get better products and services for your pet. With 720 locations in 42 states and counting, the stores have a streamlined design making it easy to navigate a wide assortment of natural pet foods, goods, and services. Wag N’ Wash Natural Pet Food & Grooming, a full-line dog grooming and self-wash specialty retail destination, has a mission to recognize, promote and foster the positive impact that companion pets and their humans have on each other. Learn more: https://lnkd.in/gexjWSdQ

According to the American Pet Products Association (APPA), 66% of U.S. households (86.9 million homes) own a pet. Dogs are the most popular pet (65.1 million U.S. households own a dog), followed by cats (46.5 million households) and freshwater fish (11.1 million households). Pet supply stores continue to benefit from increased pet ownership and as such, continue expanding. Pets Supplies Plus and Wag N' Wash Natural Pet Food & Grooming recently reported double-digit mid-year growth with 23 sold franchise agreements and 16 store openings respectively, bringing its store totals to 730 locations in 43 states and 24 locations nationwide. Together, they plan to open at least 45 stores by year-end. Nick Russo, chief development and stores officer of Pet Supplies Plus Group says he’s focused on opening more Pet Supplies Plus’s stores and expanding Wag N’ Wash to new markets.

🚀 Introducing BP's Franchise of the Day, a new series I'm rolling out here on LI where I'll spontaneously highlight a franchise concept that I love that you've probably never thought of. I can't use specific names, but if your interest is piqued, my DM's are open. So on today's edition, let me tell you why I'm excited about...Mobile Pet Grooming 🐶 🚛 ❗ 70 percent of American households are also home to pets. There's demand in this space that's not going anywhere. 🙋♀️ Pet groomers aren't as hard to hire as you'd maybe imagine. Know anyone looking for a part time gig, loves animals, and wants a flexible schedule? There's plenty of these folks out there, and the franchisor helps you with recruitment. 🔜 Bringing Amazon culture to the pet industry. With the pace of life faster than ever, this concept allows pet owners to take care of their dogs and cats on their terms. Go to the vet when you need to, but stay home for a trim.

Did you know that the pet care industry has seen massive growth over the two decades? In 2021, people spent over $126 billion in the U.S. on their pets and 70% of American households reported having pets, up from 56% in the 1980s. If you’ve ever wanted to own your own franchise, consider one in the pet care industry! Pet owners are passionate about their furry family members, so they’re willing to spend lots of money on care and upkeep. Business owners working in the pet care industry also experience great satisfaction knowing they’re providing joy and support to loving pet parents. In this sense, pet-based franchises are both financially and personally rewarding. Check out this article to learn more about the benefits of a pet care franchise! https://bit.ly/3EseZfH

This VIDEO explains how and why the pet industry is expected to reach $358.62 billion by 2027 (Globe Newswire). Industry experts expect a 6% compounded annual growth rate (CAGR) in the pet industry over the next five years. If this sounds interesting to you, we have an exciting pet franchise spotlight webinar. Wednesday January 17th at 2PM ET. You can learn more and register here https://lnkd.in/gXDShDfu Can't make the webinar but you would like to learn more about the pet industry or business ownership? Contact me at Tfireman@frannet.com #petindustry #petbusiness #petcare #businessownership #franchiseopportunities #frannet #franchiseopportunitiescolumbus

Being a good rep in the pet food industry. The best way to start being a great rep is putting yourself into the owners, or stores shoes. Look at it if you were you, and you were them, what would you want. Relationship building is number one in this industry.

“Shares are likely stuck at current levels until clear evidence emerges that top-line growth has definitively bottomed and [Chewy] is back to adding new customers — both of which we cannot underwrite at this point” (https://lnkd.in/e9rqy3JK) I posted about the Great Normalization in terms of demand for pet and vet services as well as other discretionary goods and services a few months ago over on my personal LinkedIn account (https://lnkd.in/eFX4vtr5). Indeed, it's a topic I've been posting about for over a year now (https://lnkd.in/eHhTcP9u). Alas, as more and more confirmatory news comes in about this mean reversion & macro-induced slowdown, I'm starting to wonder if Chewy CEO Sumit Singh's quote that we can expect "a return to normality in 2025” will indeed bear fruit. One might also ask, what kind of normality? He's most likely talking about a return to long-run average US #pet and #veterinary industry revenue and comp transaction CAGRs. That's not an unreasonable assumption, save for the fact that I believe that the pandemic pulled forward pet ownership and related industry demand by 5 to 7 years and that most folks who purchased a dog or cat in 2020 or 2021 will not be looking for another anytime soon. That's not to say that I expect a calamitous decline in the US pet & vet industries. Rather, I maintain my long-held belief that caution is warranted in the years ahead and that over-investment is almost inevitable.

🚀 Unleashing Growth: The Rising Tide of Pet Franchises in the Pet Care Industry 🐾 According to a recent article on Newstrail.com, the pet franchise market is poised for excellent growth in the coming years. Leading players such as PetSmart, Petco, and Dogtopia, alongside innovative companies like Bark Avenue Enterprises, Pet Paradise, and Camp Bow Wow, are driving this expansion with their commitment to pet care and customer satisfaction. As pet ownership continues to rise and pet parents prioritize the well-being of their furry companions, the demand for pet-related services is at an all-time high. Pet franchises play a vital role in meeting these needs by providing various products and services, from grooming and boarding to training and retail. In this thriving industry, companies are proud to contribute to the well-being of pets and their owners nationwide. Whether through innovative pet products, cutting-edge grooming services, or top-notch boarding facilities, businesses are dedicated to enhancing the lives of pets and their families. #PetFranchises #PetIndustry #PetCare #GrowthOpportunities #Innovation #Newstrail #PetSmart #Petco #Dogtopia #BarkAvenue #PetParadise #CampBowWow

5 ways independent pet shops can compete with the Big Box stores.

ICYMI ➡ Chewy continues to ramp up its online #petcare offerings amid steady revenue growth and despite recent dips in active customer levels. The pet #retail giant recently shared its first quarter financial performance for the three-month period ended April 28. Read more from its latest earnings report: https://ow.ly/OFZA50S7GCp #petfood #petfoodindustry #ecommerce