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Pet Supplies Plus in expansion drive

3/1/2016

Pet Supplies Plus will target California as part of its strategic growth plan for 2016.



The nation’s largest pet franchise, which has more than 330 locations in 26 states, announced it will expand into the Golden State to grow its base of multi-unit franchise partners.



“This will be a milestone growth strategy for Pet Supplies Plus, as our current westernmost location is in the Denver area. There is high demand on the West Coast for a franchise opportunity in pet retail and we are ready for expansion into the open territory,” said David Leonardo, senior VP - franchising.





In May, Pet Supplies Plus announced a reduction of royalty fees from 4% to 2% for the first 12 months of a new franchise agreement. Following a franchisee’s first year, the royalty fee remains at 3% for the life of the franchise agreement.



With 62% of Americans serving as pet owners, the pet care industry currently accounts for more than $60 billion in annual consumer spending, according to the American Pet Products Association.


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