Pet Franchise Opportunities in New Jersey, New York & Pennsylvania
Have you been thinking about the benefits of opening a franchise, but still uncertain about the type of business you want to own? Now is the perfect time to explore pet franchise opportunities. While many other U.S. franchise markets are approaching saturation points, there has never been a higher demand for high-quality pet care. A growing subgroup of pet owners view their pets as more like family than pets, and this is especially true for dog owners. According to the American Veterinary Medical Association, more than 43 million U.S. households have at least one dog, which means that there is a huge market for canine-oriented businesses like dog boarding and doggie daycare facilities.
More about Pet Care Industry
Knowing that people own dogs and feeling confident that they will spend money on luxury services are two different things. That is why it is critical to look at what people are spending on their pets, not just how many Americans own pets. Right now, pet owners spend more than $53 billion a year on those pets, and over $4 billion is dedicated to boarding and grooming. Furthermore, these numbers have been on a consistent uphill trajectory that has not been impacted by market changes in the same way as other service-oriented businesses, which suggests that opening a dog day care is a way to meet increasing demand for services.
Cost of opening a Pet Franchise
With any business opportunity, start-up cost has to be a concern. To accurately determine startup costs, you have to consider the franchise fee as well as any other time or monetary investment required. At K9 Resorts, we offer clear information to our franchisees about the costs associated with opening a business as well as training that helps trainees understand our proven way to success. To find out more about K9 resorts, request info today.
Fastest growing segment – Pet Services
25 years of consecutive industry growth
|Year:||Billions of Dollars:|
|2016||$62.75 Billion (estimated)|
Average Gross Sales:
|$1,340,924||Corporate Location, 2015|