If the idea of spending your days surrounded by dogs sounds like heaven, you might be an ideal candidate to open a dog daycare. Learning about your options for a dog daycare is the first step to owning a franchise. You should ask several franchise questions to determine if owning a luxury dog daycare is the right choice for you.
Questions to Ask Franchisor
These are the three most important questions to ask franchisors. The answers should help you determine if the franchise fits your budget, time limitations, and business goals.
1. What services does this franchise offer?
Franchisors should offer several services to their franchisees. The franchisor should have a program that helps new franchisees get their businesses started. These services should include a clear set of standards, training programs, and purchasing in scale.
At K9 Resorts, we provide necessary services to our franchisees to maintain the same quality of standards throughout the system. Everything in the K9 Resorts franchise is standardized, so everything from appointment setting to ordering supplies is standard. The franchise provides training programs for new franchisees and their employees.
K9 Resorts provides many more growth-oriented services for franchisees. The services include 24/7 franchise support, updates and alerts, and an easy-to-read checklist of duties. K9 Resorts also offers assistance in finding the perfect location along with marketing and tech platforms, with plenty of training.
The goal is for a customer to enter any K9 Resorts and receive the same level of customer service that makes us the premium environment for pampered pets.
2. What is the investment and expected return?
Before you buy a franchise, it is essential to know how much money you must invest and what you can expect to earn in return. No franchise will guarantee a return on investment, so franchise offices base expected returns on other franchises in similar markets.
At K9 Resorts, each franchise has different start-up and operating costs based on their locations as they range in size from 4,000 to 6,700 square feet. Before you decide whether K9 Resorts fits your budget and your investment goals, we send you a disclosure statement with the franchising costs.
Franchisees pay a 7% royalty to K9 Resorts, and many franchisees invest between $968,748-$1,789,360 to open a Luxury Pet Hotel. K9 Resorts promises a five-mile radius of exclusivity, which other dog daycare franchises cannot match. Many franchisees have a minimum EBITDA of $481,928.
We can report that two of our ten franchisees, who have been open for at least two years and have the maximum space, averaged over $1.4 million in gross sales. Our prospectus and disclosure documents explain franchise fees, so you know what to expect when you open a Luxury Pet Hotel under the K9 Resort name.
3. Does the franchise offer support?
A top franchise should offer support to the franchisee. The best franchises offer 24/7 support for any need that arises. They should provide support for training, operations, and marketing. Since cybersecurity is an issue that many businesses face, franchisors should offer tech support, too.
K9 Resorts takes care of its franchisees with 24/7 support as well as essential options like site selection and proprietary software. They also offer online support and a franchisee intranet platform. To get the resort started, they also take care of grand opening events and celebrations.
We also provide marketing support in the form of national media and regional advertising with templates. We also help with social media marketing through website development, SEO, and email marketing. Customers and franchisees also appreciate our loyalty program and app.
Investing in any franchise comes with risks. But when you invest in a franchise that historically reports a positive return on investment and offers plenty of support, then the risk is minimized. K9 Resorts takes care of their franchisees, because they are the face of the organization that customers see when they need their dogs in the premier, luxury dog daycare.