General

Industry

Retail Products and Services

Category

Pet Care

SBA Identifier

S6429

Year of Founding

1992

Fees

Marketing Fee

1%

Royalty Fee

5-10%

Franchise Fee

$65,000-$65,000

Investment Range

$80K-$105K

Location units

Total U.S. Locations

15

U.S. Franchised Units

15

U.S. Corporate Units

0

Headquarters (City)

Edina

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

1993

Issuance of FDD Data

06/11/2020

What to know about Pets Are Inn franchise?

The franchisee will engage m the business of owning and operating a PETS ARE INN Business that provides maltefnative pet boardingservice of high quality and distinctive nature.

Pets Are Inn is based in Edina, MN. Scroll down to learn more!

How much does a Pets Are Inn franchise cost?

Are you wondering how much is a Pets Are Inn franchise? Before starting a Pets Are Inn franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Pets Are Inn franchise is $79,950 and can go all the way up to $105,150. Keep in mind, you should also allocate additional funds to live off of while the Pets Are Inn 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 Pets Are Inn franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Pets Are Inn business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Pets Are Inn 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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Download our guide to compare Pets Are Inn. Hotels to the Pet Care, Outdoor Retail Products and Services industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 17 0 2 15
2017 15 0 0 15
2018 15 0 0 15
2019 15 0 0 15

Additional Details

How much does a Pets Are Inn franchise owner make?

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

Pets Are Inn discloses financials at the unit level. In other words, they show how much Pets Are Inn 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 Pets Are Inn franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Pets Are Inn. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Pets Are Inn owners were making.

Visit the Pets Are Inn metrics tab to explore the financials for this business.

What is the Pets Are Inn franchise fee?

Owning a Pets Are Inn franchise requires 5-10% royalty fee and 1% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Pets Are Inn Franchise Disclosure Document

Keep in mind, there is also an initial Pets Are Inn franchise fee of $65,000 that is included in the initial investment amount of $79,950 to $105,150. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Pets Are Inn franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Pets Are Inn franchise fee of $65,000.

Visit the Pets Are Inn metrics tab to explore the financials for this business, 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 Pets Are Inn founded?

Pets Are Inn started offering franchises in 1993. Pets Are Inn was founded 30 years ago in 1992.

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 Pets Are Inn locations are in the U.S.?

As of 2020, there were 15 locations across the U.S. There are also 0 corporate locations. Most Retail Products and Services franchises like Pets Are Inn have more franchised locations than corporate locations.

How many Pets Are Inn franchises opened over the past few years?

Over the prior 3 years we have data for, Pets Are Inn has opened 0 outlets throughout the U.S. Visit the Pets Are Inn metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Pets Are Inn franchises closed over the past few years?

Over the prior 3 years we have data for, Pets Are Inn has closed 0 outlets throughout the U.S

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

Is Pets Are Inn growing? Are they opening more locations than they are closing?

The net unit growth rate for Pets Are Inn over the past 3 years is 0%. Over the last year we have data for, Pets Are Inn had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Pets Are Inn growth rate compares to 2,000+ other franchises and Industry franchises like Pets Are Inn. More info in the Pets Are Inn metrics tab.

Is Pets Are Inn franchise eligible for an SBA Loan?

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

Pets Are Inn franchise was assigned the SBA Franchise ID of S6429 on 03/22/2021. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Pets Are Inn that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Pets Are Inn a franchise in the United States?

According to the SBA, Pets Are Inn 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 Pets Are Inn provides you with an FDD if you are in discussion to buy a Pets Are Inn.

What is the Pets Are Inn Franchise for Sale Rate?

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

Pets Are Inn franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Pets Are Inn had a franchise for sale rate of 0%.

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

What is the Pets Are Inn Franchise Failure Rate?

Pets Are Inn 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!

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

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

How can I find out more details on Pets Are Inn franchise?

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

Investment Midpoint

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

Pets Are Inn

$92,550

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Pets Are Inn

5-10%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Pets Are Inn

$65,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

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

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General

Industry

Retail Products and Services

Category

Pet Care

SBA Identifier

S6429

Year of Founding

1992

Fees

Marketing Fee

1%

Royalty Fee

5-10%

Franchise Fee

$65,000-$65,000

Investment Range

$80K-$105K

Location units

Total U.S. Locations

15

U.S. Franchised Units

15

U.S. Corporate Units

0

Headquarters (City)

Edina

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

1993

Issuance of FDD Data

06/11/2020

Detailed Franchise metrics for Pets Are Inn

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Pets Are Inn below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

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

 

1 year

3 years

Pets Are Inn

0%

0%

Industry median

All franchises median

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Franchise for Sale Rate

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

 

1 year

3 years

Pets Are Inn

0%

0%

Industry median

All franchises median

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Failure Rate

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

 

1 year

3 years

Pets Are Inn

0%

0%

Industry median

All franchises median

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Business details

Company Name

www.petsareinn.com

Business email

**********@******.com

Mailing address

7625 Metro Boulevard, Suite 120

State headquarters

Minnesota

Owner Name

Pets Are Inn

Phone

+1 (000) 0********00

City

Edina

Zip code

55439
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