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Below is an in-depth analysis and side-by-side comparison of Pet Supplies Plus vs Bosley's Pet Food Plus 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 - And Up |
Franchise Fee | $49,900 | $25,000 |
Royalty Fee | 2-3% | 5% |
Advertising Fee | $3K/mo. | - |
Year Founded | 1987 | 1979 |
Year Franchised | 1990 | 1982 |
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 | *Unencumbered capital of at least $150,000 *Business experience, retail experience preferred, and financial strength *Strong interpersonal and communication skills and enjoy dealing with the public *Having a strong love of pets would be desirable *Must be prepared to operate within the guidelines of the Bosley's system in order to present a consistent operating presence established by Bosley's in terms of look, feel, and customer service and product offerings. |
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 | *Must live within one hour's driving distance of the franchise store. *Handling of heavy pet foods and litter *Being on ones feet for much of a day *The store will be open 7 days per week for most weeks of the year. *Requires the personal involvement of the franchisee in the day to day operations of the store. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
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.
A rewarding business opportunity for pet lovers!Bosley's, winner of the Consumers' Choice Award for Business Excellence for eleven years running from 1999 to 2009, is offering exciting business opportunities for entrepreneurs who wish to own and operate a pet store in BC and make a difference in serving pet lovers in their community. With 30 years of success in BC, Bosley's is known for its most important asset: its people. With a culture embedded with the unique Bosley's friendly spirit, drive and determination and a firm commitment to employee development, it is no wonder that our company has many of the longest serving employees and franchisees in our industry. Today, Bosley's mission is clear: as British Columbia's leading pet specialty retailer we offer a full assortment of products at competitive prices and Pet Specialists who provide exceptional service and knowledge in ways which create significant value for our customers. Bosley's success can be attributed to Service, People, Knowledge, Innovation and Fun. Canadians are projected to spend over $4 billion on their pets in 2009 and beyond. The growth of the pet industry has been remarkable and Bosley's is a leader in the pet specialty segment of this industry in BC.Bosley's franchising is part of our partnership philosophy which encompasses our employees, our franchisees, our suppliers and our service providers focused on building a profitable business driven by ethics and integrity. Franchisees must have a strong commitment to providing education on pet nutrition and care and exceptional levels of customer service. A Bosley's franchise provides entrepreneurial store owners a competitive advantage through buying power, core merchandising programs, a complete and cohesive operating system including a fully integrated POS system encompassing all facets of the business operations, extensive marketing and advertising programs, the best website on the planet and on-going support to guide Franchisees from early days to a business divestiture.