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Chain looks to tap into pet supplies, services, market

8/26/2015

Livonia, Mich. -- Pet Supplies Plus is looking to capitalize on the $58 billion pet industry.



The company, the nation’s largest pet retail franchise, announced that, so far this year, it has 19 new locations in the pipeline. Newly signed agreements will bring the neighborhood pet stores to new and underserved markets including Nashville, Atlanta, Houston, Jacksonville and Denver.



“We are looking forward to expanding our unique shopping experience to new markets and bring more convenient locations to pet owners in our current areas,” said CEO Chris Rowland. “While we grow, we are focusing on building the proper infrastructure along with it to ensure that we are not just opening new stores, but we are growing the right way and will continue to deliver the best experience and products to our customers.”



A recently signed franchise deal inked in the Denver market with Colorado native Gary Reiber II will mark the westernmost Pet Supplies Plus location. The company expects to bring 10 new stores to the market over the next five years.



For continued expansion, Pet Supplies Plus is also currently seeking qualified single and multi-unit owners in Atlanta, Houston, Memphis, Minneapolis, Nashville, Raleigh, St. Louis and Tampa.



To break down barriers for potential franchisees, Pet Supplies Plus announced earlier this year 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 will remain at 3% for the life of the franchise agreement. Initial investment levels range from $549,400 to $1,097,400.



Pet Supplies Plus has more than 300 corporate and franchise locations in 25 states.


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