Which is a better bet?
If you’ve decided to open your own dog daycare franchise, you might be doing research on which one you’d like to invest in. Both K9 Resorts and Dogtopia offer similar services but one clearly outshines the other for a few simple reasons. Here’s a closer look at K9 Resorts vs. Dogtopia in several of the categories that you’ll be researching if you’ve decided to open a dog daycare franchise.
How does the franchise you’re looking to own operate? Do they offer proprietary processes or services to set your business apart from the competition? Not all dog daycare franchises are equal and determining how one that you might be looking into operates is crucial to your success as an entrepreneur. Here are some things to consider about operations.
Both K9 Resorts and Dogtopia franchises offer similar services like daycare and boarding but only one stands above the crowd. K9 Resorts focuses specifically on providing stress-free, veterinarian-recommended luxury daycare and boarding services. Instead of casting the net wider to include other things like training, we’ve opted to perfect our processes for what we feel are the most crucial to a happy and healthy dog. How do we do it? Through proven, effective processes that every franchisee learns and loves.
How does the franchise provide its services? At K9 Resorts, we’ve spent the last 15 years figuring out how to perfect dog daycare and boarding. We realized that dogs were leaving other facilities stressed out, dirty, and sick. Our processes have created a stress-free, luxury environment where pets are pampered based on their specific needs. We offer multi-zone boarding to improve stress reduction. We also outfit each franchise with our industry-leading technology like hospital-grade air purification systems, flooring with built-in Microban, and our outdoor “pet-safe” courtyards featuring revolutionary K9 Grass with Alphasan anti-microbial agents. In addition, we offer world-class training to our staff.
How much can you make owning a dog daycare? Check it out, you’ll be happy to hear the about the possibilities!
No matter what franchise you’re going to invest in, you need to do research on a variety of factors when it comes to finances. How much initial investment is required? What are the annual royalties? What’s the EBITDA? So, how does the K9 Resorts franchise compare to the Dogtopia franchise when it comes to financials.
You’re going to need a slightly larger initial investment with the K9 Resorts franchise which ranges from $968,748-$1,789,360. With Dogtopia you’re looking at about $668,298-$1,444,264.
The annual royalty, which you’ll pay to your franchisor, is the same for both franchises at 7% of revenue.
Perhaps one of the most important pieces of financial information about a franchise is the typical EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). Here is where the K9 Resorts franchise blows the competition out of the water. The typical EBITDA for a K9 Resorts franchise is a minimum of $481,928 while Dogtopia’s is only an average of $108,003.
What makes the franchise you’re looking at different than the rest and how can you leverage those differences to your benefit? As stated, not all franchises are created equal and there are some things you may not realize play big parts in the success of your business.
Who owns the franchise? Is it the person that built it? K9 Resorts is owned and operated by the founders, which means their success is your success and vice versa. Investing in a franchise that is founder-owned and operated means that they’re invested in your success. The founders of K9 Resorts own a majority share in the business 15 years since its founding and are heavily involved in operations and franchisees’ success. Dogtopia is not founder-owned and operated but run by a board of directors and professionals.
Beliefs and Processes
What beliefs or processes will set your franchise apart from the competition? Above, we went over the unique and proven ways that K9 Resorts focuses on its pet patrons and provides award-winning customer service. These processes were created and fine-tuned to ensure that each pet has a stress-free, five-star experience.
Ready to learn more about K9 Resorts?