Fastest Growing Pet Franchises to Watch in 2024
Discover the fastest-growing pet franchises. From Woof Gang Bakery to Pet Supplies Plus, explore investment opportunities that cater to pet lovers and understand the cost and scalability of each franchise option.
Table of Contents:
Introduction
So you love pets? Have you ever thought about turning that passion into a money-making operation? We’re excited to go through some of the fastest-growing pet franchises and business opportunities out there. As a fellow pet enthusiast—I’ve got a Bernadoodle that just turned five—I’m thrilled to share the top five pet franchises you can invest in.
About Woof Gang Bakery
Woof Gang Bakery is perfect for those passionate about dogs. The average unit-level revenue has grown to approximately $700,000 per location, and they’ve reached 170 locations. The initial franchise fee is $49,000, and total investment costs range from $170,000 to $400,000. The business is scalable, as evidenced by multiple franchisees owning more than one location.
About Pet Supplies Plus
Pet Supplies Plus has over 400 locations across the United States, selling pet products, grooming services, and offering pet care advice. Unlike Woof Gang, Pet Supplies Plus has a much larger footprint, similar to a PetSmart. The initial franchise fee is $49,000, and investment costs are generally over $500,000.
About Dogtopia
Dogtopia was established in 2002 and focuses on the well-being of pets through education, exercise, and socialization. It has around 170 locations. The initial franchise fee ranges from $40,000 to $50,000, and total investment costs range from $780,000 to $1.5 million, making it one of the steeper investments on the list.
About Petland
Petland has been around since 1967 and has grown to a network of over 70 stores. The initial franchise fee is $40,000, and the investment ranges from $300,000 to $1 million. Petland offers pet products and also helps customers with pet training and care tips.
About Wild Birds Unlimited
Wild Birds Unlimited caters to bird enthusiasts, selling premium bird seed, feeders, and related products. The initial franchise fee is $40,000 for new franchisees but only $20,000 if you’re already in the system. Investment costs range from $200,000 to $350,000, and existing franchisees get an additional discount. The franchise has over 350 locations.
Conclusion
Before making any investment, I highly recommend speaking to current franchisees from the franchise brand you’re interested in. This will give you invaluable insights into the day-to-day operations, including successes and challenges.
