Steven and Jason Parker created K9 Resorts to solve large scale issues prevalent in the dog care industry. The K9 Resorts model set a new standard for dog care nationwide and now the Parkers have built a world-class franchise system around this new standard of care. Along with their seasoned management team, K9 Resorts is expanding nationwide!
Americans spent more than $66 billion dollars on their pets annually, according to the American Pet Products Association. The spending is at record levels, which has grown consistently over the past 5 years. This growth has been fueled in large part by increased spending in pet services.
The pet industry is big business.
The Number Of Pets Is Growing
Nearly 65% of American homes have pets. That means more than 85 million families in the United States have pets and that number is growing as well. Around 56% more Americans own pets now than did in 1988.
Millennials Are Spending More Than Ever
As Baby Boomers become empty nesters, they are filling their homes with pets and they are spending. Pet spending in the over 55 category continues to grow every year.
25 Years Of Continuous Growth
The pet services industry has shown consistent industry growth every year for more than 25 years. In 1998, the pet industry took in $23 billion dollars. That number literally tripled by 2017.
An estimated 78 million dogs are owned in the United States. Approximately 44% of all households in the United States have at least one dog*. With 117 million US households, Americans spend almost $70 billion dollars on their pets annually*. Spending on pets is at record levels, and grown consistently over the past 5 years. Two of ten K9 Resorts franchisees open for 24 months or longer using the 7,000 sq/ft model averaged $1,058,906 in gross sales and $350,533 in ebidta.
This is a real business. Need we say more?
Who says work has to be unenjoyable? Owning a K9 Resorts makes the journey to success fun!
Average Gross Sales:
|$1,617,374||Corporate Location, 2016|
*Average of 7,000 sq. ft. locations