Pet Franchises Honored on Entrepreneur
Magazine’s 2018 Franchise 500 List
Several national pet business franchises, including Pet Supplies Plus and Petland, recently landed spots on Entrepreneur magazine’s 2018 Franchise 500 list.
More than 1,000 companies applied to be ranked, making it the magazine’s most
competitive year yet, according to Entrepreneur officials. To be eligible to rank, a franchisor must be seeking new franchisees in the U.S. or Canada and must have had a
minimum of 10 units open and operating as of July 31, 2017, with at least one franchise
located in North America.
In conducting its annual rating of franchises in the world, Entrepreneur considers
numerous factors including financial strength, stability, growth rate and size of the franchise system. Other rating factors include number of years in business, length of time
franchising, start-up costs, litigation, percentage of terminations and whether the company provides financing. An independent CPA firm audits financial data. Every company with verifiable data receives a cumulative score. The franchises with the highest
cumulative scores become the Franchise 500.
Pet Supplies Plus, a neighborhood pet store, moved up 17 places to rank 32nd on
the list. With 11 new franchisees added in 2017 and expansion into three new states,
Pet Supplies Plus opened its 423rd store last year and expects to open at least 50 more
stores in 2018.
“Over the last 30 years, Pet Supplies Plus has focused on growing our company
through establishing a proven
path for successful franchis-
ing, offering a supportive cor-
porate team and competitive royalty fees,” said Chris Rowland, CEO of Pet Supplies
Plus, which has headquarters in Livonia, Mich. “We’re excited to have moved up in the
ranks of Entrepreneur’s 2018 Franchise 500 and are thankful for our dedicated franchi-
sees who continue to make this possible.”
Pet Supplies Plus welcomes driven entrepreneurs to join its front-running team, said
company officials. Franchisees come from all different professional backgrounds in-
cluding working for Fortune 500 companies, for the military, as multiconcept franchise
owners looking to expand their business profile and as people looking for an active
retirement plan. The company is also in the process of transitioning strong independent
pet store owners to Pet Supplies Plus owners, which will allow them to still run their
own business but with more support and effective systems, according to the company.
Pet Supplies Plus is focused on expansion in neighborhoods all over the country,
seeking qualified franchise partners to develop its presence in Colorado, Texas, Florida,
Virginia, California, North Carolina, South Carolina and Georgia.
Camp Bow Wow, a doggy day care and boarding franchise, was recognized at No.
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