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General

Industry

-

Category

Retail Products and Services

SBA Identifier

S2233

Year of Founding

1967

Fees

Marketing Fee

5%

Royalty Fee

2-5%

Franchise Fee

$40,000-$40,000

Investment Range

$283K-$1.07M

Location units

Total U.S. Locations

93

U.S. Franchised Units

73

U.S. Corporate Units

20

Headquarters (City)

OH

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

1971

Issuance of FDD Data

04/20/2021

What to know about Petland franchise?

As a franchisee, you will operate a Petland® retail pet store offering to the general public a variety of pets, pet supplies, and pet-related items.

Petland is based in Chillicothe, OH. Scroll down to learn more!

How Much Does a Petland Franchise Cost?

Are you wondering how much is a Petland franchise? Before starting a Petland franchise, it is important to know the Petland franchise fee ($40,000) working capital and other costs required to start the business.

The minimum investment amount required to open a Petland franchise is $283,000 and can go all the way up to $1,065,500. Keep in mind, you should also allocate additional funds to live off of while the Petland business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Petland franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Petland business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Petland franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Petland. Hotels to the Cleaning and Maintenance, Outdoor Maintenance industry.

Franchise Data

Year Start of year Units Opened Units Closed Total End of Year
2016 68 1 1 65
2017 66 4 2 68
2018 68 2 1 67
2019 67 3 3 66
2020 66 8 0 73

Additional Details

How much does a Petland franchise owner make?

Petland franchise earnings and revenue can vary significantly from one franchisee to another. The Petland franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Petland discloses financials at the unit level. In other words, they show how much Petland franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Petland franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Petland. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Petland owners were making.

Visit the Petland metrics tab, to explore the financials for this business.

What is the Petland Franchise Fee?

Owning a Petland franchise requires a 2-5% royalty fee and a 5% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Petland franchise fee of $40,000 that is included in the initial investment amount of $283,000 to $1,065,500. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Petland franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Petland franchise fee of $40,000.

Visit the Petland metrics tab to explore how the franchise, royalty and marketing fees compare to other Retail Products and Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Petland founded?

Petland was founded 55 years ago in 1967. Petland started offering franchises in 1971. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Petland locations are in the U.S.?

As of Issuance of 2021, there were 73 Petland locations owned and operated by franchisees across the U.S. There are also 20 corporate locations owned and operated by Petland. Most Retail Products and Services franchises like Petland have more franchised locations than corporate locations.

How many Petland franchises opened over the past few years?

Over the prior 3 years we have data for, Petland has opened 13 outlets throughout the U.S.

Visit the Petland metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Petland franchises closed over the past few years?

Over the prior 3 years we have data for, Petland has closed 4 outlets throughout the U.S.

Visit the Petland metrics tab to explore how the closures compare to other Retail Products and Servicesfranchises.

Is Petland growing? Are they opening more locations than they are closing?

The net unit growth rate for Petland over the past 3 years is 7%. Over the last year we have data for, Petland had a net unit growth rate of 11%.

Without a comparison, this number doesn’t mean much. Compare how the Petland growth rate compares to 2,000+ other franchises and Retail Products and Services franchises like Petland. More info in the Petland metrics tab.

Is Petland franchise eligible for an SBA Loan?

Petland is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Petland franchise was assigned the SBA Franchise ID of S2233 on 10/1/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Petland that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

Is Petland a franchise in the United States?

According to the SBA, Petland meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Petland provides you with an FDD if you are in discussion to buy a Petland.

What is the Petland Franchise for Sale Rate?

The Petland systemwide health and franchisee satisfaction can be measured by the Petland franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Petland over the past 3 years is 15%. Over the last year we have data for, Petland had a franchise for sale rate of 5%.

Without a comparison, this number doesn’t mean much. Compare how the Petland franchise for sale rate compares to 2,000+ other franchises and Retail Products and Services franchises like Petland. More info in the Petland metrics tab.

What is the Petland Franchise Failure Rate?

Petland franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Petland failure rate over the past 3 years is 5%. Over the last year we have data for, Petland had a franchise failure rate of 0%

Without a comparison, this number doesn’t mean much. Compare how the Petland failure rate compares to 2,000+ other franchises and Retail Products and Services franchises like Petland. More info in the Petland metrics tab.

How can I find out more details on Petland franchise?

Visit the Petland metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!

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General

Industry

-

Category

Retail Products and Services

SBA Identifier

S2233

Year of Founding

1967

Fees

Marketing Fee

5%

Royalty Fee

2-5%

Franchise Fee

$40,000-$40,000

Investment Range

$283K-$1.07M

Location units

Total U.S. Locations

93

U.S. Franchised Units

73

U.S. Corporate Units

20

Headquarters (City)

OH

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

1971

Issuance of FDD Data

04/20/2021

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Petland

-1%

2%

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2021)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Petland

5%

5%

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Petland

6%

19%

Industry median

All franchises median

Unlock premium content

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Petland

$674,250

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Petland

2-5%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Petland

-1%

2%

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

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Business details

Company name

-

Business email

franchise@petlandinc.com

Mailing address

250 Riverside Street, P. O. Box 1606

State headquarters

Ohio

Key leadership

Petland

Phone

+1 (000) 000-00-00

City

Chillicothe

Zip code

45601-5606

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