Pet ownership fuels expansion for Pet Supplies Plus
At the year’s midway point, Pet Supplies Plus is touting the growth of its pet supplies chain and its dog-washing concept franchise.
Pet Supplies Plus and Wag N’ Wash reported double-digit mid-year growth with 23 sold franchise agreements and 16 store openings respectively, bringing its store totals to 730 locations in 43 states and 24 locations nationwide. Collectively, the brands are projected to sell a total of 70 franchise units and open at least 45 stores by year-end.
Last year, Pet Supplies Plus awarded 83 franchise agreements and maintained its robust store services growth. Wag N’ Wash secured 12 deals and doubled its store count since being acquired in early 2022.
“Heading into 2024, we were focused on growing Pet Supplies Plus’s footprint and bringing Wag N’ Wash to new markets, and we’ve achieved some of these goals and are making strong progress on others,” said Nick Russo, chief development and stores officer of Pet Supplies Plus Group. “We are continuing to receive high interest in both franchise opportunities, especially from existing franchisees who are looking to diversify their portfolios with a concept that is primed for success in a thriving industry. With the stability of both brands and strength of each system, the future couldn’t look any brighter.”
Livonia, Mich.-based Pet Supplies Plus’ growth is fueled by the growing pet industry. According to the American Pet Products Association, 66% of U.S. households (86.9 million homes) own a pet. Dogs are the most popular pet in the U.S. (65.1 million U.S. households own a dog), followed by cats (46.5 million households) and freshwater fish (11.1 million households). In 2022, Americans spent $136.8 billion on their pets, up nearly 11% from 2021.
Pet Supplies Plus was recently named the top pet franchise in Entrepreneur’s Franchise 500 list. Landing No. 21 on the overall list, this is the tenth consecutive year Pet Supplies Plus earned the top spot in its category.