Are Pet Franchises a Good Investment?

Pet franchises are part of the $41 Billion pet services business. Typical examples include a mobile pet grooming franchise, dog training franchise, and pet resort franchise. Providing the family pet with services such as grooming and backyard cleanup as well as gourmet dog treats and other pet supplies is big business. With today’s busy schedules for pet owners, even yard cleaning for fido has entered the pet franchises business.

Trends currently support the continued growth of pet services opportunities. Pets have become an integral part of most families; more two income families, longer commutes and time away, choosing to have children later in marriages, all contribute to the growth of businesses that provide these services.

Pet franchises have a wide range of investment cost points. For example, a mobile pet grooming franchise starts at less than $75,000, while a top end pet resort franchise concept can cost upwards of half a million dollars. A dog training franchise typically will also be at the lower end of the range as will a grooming, yard cleaning and backyard cleanup business.

The skills required by pet franchises owners vary significantly depending on complexity. A high end pet resort franchise requires supervision of 10 to 20 employees, marketing skills to generate sales volume to support a large space rental, organizational talents to run several profit centers, management of inventory plus financial skills to keep it all profitable. A former corporate manager may find that owning a pet resort franchise could offer similar professional satisfaction levels as a top corporate job, with a chance to build equity, be your own boss, and have fun. For less complexity with limited employees a dog training franchise or a mobile pet grooming franchise might be the ticket. A retail store offering pet supplies, gourmet dog treats and possibly grooming services is also an entry into the pet franchises business.

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