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Below is an in-depth analysis and side-by-side comparison of Pet Supplies Plus vs Bark & Fitz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $436,600 - $1,312,700 | $150,000 - $225,000 |
Franchise Fee | $49,900 | $30,000 |
Royalty Fee | 2-3% | - |
Advertising Fee | $3K/mo. | - |
Year Founded | 1987 | 2003 |
Year Franchised | 1990 | 2004 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Our franchise owners are business savvy individuals who understand retail and are very service-oriented. We share our customers' belief that pets help people live better, happier lives. So we take pride in bringing the Pet Supplies Plus brand to more people and the pets who love them. Qualified individuals must have a net worth of at least $750,000 with a minimum of $150,000 to $250,000 in liquid, unencumbered assets. Cultural fit with our mission to be America's Favorite Neighborhood Pet Store We look for individuals that are values oriented and have some of these following traits: -Unwavering desire to succeed -Aggressive pursuit of growing the business -Great management skills -Understanding of the benefits and obligations of a franchise relationship -Successful record of accomplishments in business -Appreciation for the overriding importance of customer engagement and great customer service | - |
Financing Options |
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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/No | -/- |
Training & Support |
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Training | - | - |
Support | Pet Supplies "Plus" stands behind its franchise partners with all of the support services programs you would expect from the nation's largest specialty pet supply retailer, including: *Real Estate & Site Selection assistance *Store Design & Layout *Store Manager / Employee training programs *Buying and Merchandising *Advertising and Marketing *POS hosting and Item File Maintenance *Publicity and Community Relations *On-going Operational Support | - |
Marketing | - | - |
Operations | Over 2/3 of our franchisees have grown their business by opening multiple Pet Supplies Plus locations | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
Pet Supplies Plus has been diversifying for more than 31 years, and is the biggest diversified claim to fame Pet Supply retailer in the country, with more than 285 stores in 23 states.
Pet Supplies Plus opened their first store in Redford, Michigan in 1988. We spearheaded the idea of bringing "grocery store style" retailing to the Pet Supply classification. As we have kept on becoming in the course of recent years, we have stayed consistent with our unique idea: To make perfect, alluring stores that offer pet proprietors extraordinary qualities, uncommon administration, and a fun place to shop.
Consistently, more than 1.8 million puppies, felines and different pets visit Pet Supplies Plus with their owners. Our stores are brilliant, perfect, sufficiently bright, and have uncluttered passageways that are anything but difficult to shop. Despite the fact that our stores are littler, we convey an indistinguishable broad thing determination from the bigger stockroom style superstores. Our effective outsider conveyance framework with twice every week conveyances at most areas, give our franchisees more prominent thing determination at diminished stock levels.
Our littler store sizes essentially lessen our start-up costs, stock, inhabitance and other working costs, which thus bring down the benefit edge for our stores. The vast majority of our stores are situated in strip malls with other high-movement, comfort arranged retailers. Because of our littler stores sizes and productive plan of action, we can enter littler markets that may have practically no opposition, yet our stores contend viably in real metro regions, too.
Bark & Fitz is a dedicated retailer of fine pet products with locations in Canada from coast-to-coast. As passionate animal lovers, we see cats and dogs as more than just pets; they are family members. We pride ourselves in carrying only the best available pet supplies and food on the market, and in being a top resource for information.
From all natural foods and baked treats to dog gear, Bark & Fitz has scoured the globe for what we believe are the most nutritious, durable, entertaining and stylish products you will find for you and your dog. We have bundled this proven success story into what we believe is the future of specialty dog retail and are offering franchises through master, area and single-unit franchise development across North America.
Bark & Fitz is looking for dedicated and passionate pet lovers with an owner/operator mentality. Applicants should be excited about taking an active role in their new venture and should be comfortable working with an organization where you will be listened to and valued. We reject the all too typical large franchisor mentality where you are "just another store." We are looking for applicants that will thrive in an environment where you have direct and continued communication between franchisee and franchisor and you truly are a member of the Bark & Fitz family.