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Below is an in-depth analysis and side-by-side comparison of Laund-UR-Mutt vs Splash and Dash including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 | $119,250 - $262,100 |
Franchise Fee | $25,000 | $48,500 |
Royalty Fee | 5%/mo. | 6.5% |
Advertising Fee | - | 2.5% |
Year Founded | 1992 | 2009 |
Year Franchised | 1994 | 2014 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of originial franchise fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | Ongoing training available | On-The-Job Training: 32 hours Classroom Training: 30 hours |
Support | Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | Co-op advertising, Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising SEO Website development Email marketing Loyalty program/app |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 3 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
What's the Bark on Pet Store Franchises?
If you are looking for a business that is booming, then a pet franchise is the perfect opportunity. Right now this is a $73 billion a year industry. The growth over the last decade has been exponential and 2018 and beyond is forecasted to continue this trend. The pet industry has even been proven to be recession proof! People love their pets as family and are willing to spend money on them. This is a lucrative industry, so get started with your pet franchise now to start reaping the benefits.