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Below is an in-depth analysis and side-by-side comparison of Central Bark vs Pet Assist including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $520,063 - $874,556 | $19,050 - $41,950 |
Franchise Fee | $45,000 | $6,000 - $10,000 |
Royalty Fee | 6% | $250-$350/mo. |
Advertising Fee | 2% | $50/mo. |
Year Founded | - | 2009 |
Year Franchised | - | 2014 |
Term Of Agreement | - | 5 Years |
Term Of Agreement | - | 5 Years |
Renewal Fee | - | 0 |
Business Experience Requirements |
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Experience | - | A love for animals with a commitment to their care and well-being. Net worth of $50K |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | 5 days at Corporate. Ongoing |
Support | - | 5 days at Corporate + Ongoing Modern up to date software with mobile apps. |
Marketing | - | - |
Operations | - | Franchise can be run from home. Absentee ownership of franchise is allowed.. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Central Bark Doggy Day Care is focused on expanding our network of doggy day care franchise opportunities in communities across the nation. We believe that a focusing on markets we are currently in while opening in additional states and markets will allow us to continue providing a superior level of support to our existing franchisees while at the same time building and enhancing our brand.
Each new and existing market represents a tremendous opportunity. There is unlimited potential with a pool of over 83 million American dogs out there that have yet to have the opportunity to experience Central Bark.
As the only UnKennel™, Central Bark® has a unique advantage and point of differentiation from the clutter of traditional kennel, home sitting, dog walking and dog boarding concepts available to consumers. Our one day per week commitment helps to create the safest possible environment for a socially centered program, it also provides the revenue consistency that makes for a more predictable business model! Today’s pet owners are more savvy and demand the very best for their four legged companions.
Over the past 17 years, pet industry sales have grown from $23 billion in 1998 to an estimated $69 billion in 2015 and eventually rising to $75 billion by 2017. The pet industry is on track to continue to grow at least 4% each year through 2018.
There are three major factors that are contributing to the ongoing pet industry growth upswing:
Increase in pet ownership A stable economy The ongoing trend of pet humanization
Our vision and focus on socialization, the dog and overall doggy wholeness, positions Central Bark as the leader in specialty pet services area. According to the IBSWorld Report, this segment will continue to grow as more pet owners consider their animals to be valued members of the family….and, that’s just how we like it at Central Bark.
Pet Assist is a mobile pet care business offering dog walking, pet sitting, pet transportation and pet waste removal services to pet owners. It is a business that has already proven to be recession resistant. Pet Assist was founded during the recession of 2009 and against all odds, experienced exponential growth. Many individuals jump into the pet sitting business on their own and soon discover that they are chasing their tails and can't make a living doing the thing that they love. Pet Assist provides a proven system that has already been extremely successful even under the worst economic conditions.