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General

Industry

Retail Products and Services

Category

Pet Care

Works with Franchise Brokers

No

Year of Founding

2020

Fees

Marketing Fee

0-2%

Royalty Fee

7%

Franchise Fee

$49,250-$49,250

Investment Range

$180K-$379K

Location units

Total U.S. Locations

5

U.S. Franchised Units

1

U.S. Corporate Units

4

Headquarters (City)

Knoxville

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2020

Issuance of FDD Data

10/29/2021

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$180K-$379K

Franchise Fee

$49,250-$49,250

What to know about PetWellClinic franchise?

Franchisees will establish and operate a business that will manage a walk-in veterinary wellness, preventive and minor illness care clinic that specializes in accessible, affordable, and convenient care for dogs and cats, under the marks PETWELL® and PETWELLCLINIC®.

PetWellClinic is based in Knoxville, TN. Scroll down to learn more!

How much does a PetWellClinic franchise cost?

Are you wondering how much is a PetWellClinic franchise? Before starting a PetWellClinic 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 PetWellClinic franchise is $180,000 and can go all the way up to $379,000. Keep in mind, you should also allocate additional funds to live off of while the PetWellClinic 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 PetWellClinic franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a PetWellClinic business 2) pass break even 3) hit significant income.

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

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare PetWellClinic. Hotels to the Pet Care, Outdoor Retail Products and Services industry.

Additional Details

How much does a PetWellClinic franchise owner make?

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

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

Visit the PetWellClinic metrics tab to explore the financials for this business.

What is the PetWellClinic franchise fee?

Owning a PetWellClinic franchise requires 7% royalty fee and 0-2% 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 PetWellClinic Franchise Disclosure Document

Keep in mind, there is also an initial PetWellClinic franchise fee of $49,250 that is included in the initial investment amount of $180,000 to $379,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the PetWellClinic franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the PetWellClinic franchise fee of $49,250.

Visit the PetWellClinic 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 PetWellClinic founded?

PetWellClinic started offering franchises in 2020. PetWellClinic was founded 2 years ago in 2020.

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 PetWellClinic locations are in the U.S.?

As of 2021, there were 1 locations across the U.S. There are also 4 corporate locations. Most Retail Products and Services franchises like PetWellClinic have more franchised locations than corporate locations.

How many PetWellClinic franchises opened over the past few years?

Over the prior 3 years we have data for, PetWellClinic has opened 1 outlets throughout the U.S. Visit the PetWellClinic metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many PetWellClinic franchises closed over the past few years?

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

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

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

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

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

Is PetWellClinic franchise eligible for an SBA Loan?

PetWellClinic is not eligible for SBA loans including the 7(a) loan last time we checked.

PetWellClinic franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like PetWellClinic that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is PetWellClinic a franchise in the United States?

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

What is the PetWellClinic Franchise for Sale Rate?

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

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

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

What is the PetWellClinic Franchise Failure Rate?

PetWellClinic 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!

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

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

How can I find out more details on PetWellClinic franchise?

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

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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

PetWellClinic

$279,500

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

PetWellClinic

7%

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.

PetWellClinic

$49,250

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

Works with Franchise Brokers

No

Year of Founding

2020

Fees

Marketing Fee

0-2%

Royalty Fee

7%

Franchise Fee

$49,250-$49,250

Investment Range

$180K-$379K

Location units

Total U.S. Locations

5

U.S. Franchised Units

1

U.S. Corporate Units

4

Headquarters (City)

Knoxville

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2020

Issuance of FDD Data

10/29/2021

Detailed Franchise metrics for PetWellClinic

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for PetWellClinic 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

PetWellClinic

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

PetWellClinic

N/A

0%

Industry median

All franchises median

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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

PetWellClinic

N/A

0%

Industry median

All franchises median

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Business details

Website

http://www.petwellclinic.com/

Business email

c***@petwellclinic.com

Mailing address

555 West Jackson Avenue

State headquarters

Tennessee

Contact Name

PetWellClinic

Phone

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

City

Knoxville

Zip code

37902
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