|
Below is an in-depth analysis and side-by-side comparison of Petland vs Ben's Barketplace including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $300,500 - $1,065,500 | $189,200 - $352,050 |
Franchise Fee | $40,000 | $35,000 |
Royalty Fee | 4.5% | 5% |
Advertising Fee | - | 3%local+2%Nat'l |
Year Founded | 1967 | 2005 |
Year Franchised | 1971 | 2015 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: up to 77 hours Classroom Training: 79 hours Additional Training: In-store training | Ben's franchisees become well educated on the pet food supply industry and the nutritional needs of pets before the doors of a new store open, and are updated on industry and companywide changes throughout franchise ownership. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Ben's Barketplace franchise support is never more than a phone call away. Experts on pet nutritional information, as well as pet food supplies and products, affiliates of Ben's Barketplace have an appreciation for pets of all kinds. |
Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 18 | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
More than just a pet supply store, Ben's Barketplace franchise owners embrace the opportunity to personally interact with customers to ensure their pets thrive through species correct nutrition.
Dogs and cats are our passion! When our customers seek our knowledge and expertise for their pets’ specific nutritional requirements, we've become a part of their family. This customer loyalty is what sets us apart from all other pet food stores!
Recession proof market. Even in times of economic downturn, pets play an important role in people's lives and require the best food and products available.
Veterans made this country great and continue to keep us safe, so Ben’s
Barketplace offers a 25% discount off the initial franchise fee for
veterans!