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A flourishing industry is at the heart of the K9 Resorts opportunity. Dogs are not only great companions, they help kids learn responsibility, assist veterans and people with disabilities, and boost our emotional well-being.
Revenue is at record levels and has grown steadily over the past five years—fueled in large part by increased spending on pet services. Better yet, the American Pet Products Association reports that the pet industry is recession-proof1.
Employment is at record lows, dual-income households are the norm, and high-quality pet care is in demand. Nearly 65% of U.S. households have at least one dog and Americans spend $70 billion on their pets annually.
Millennials, in particular, are treating their pets like family members and are willing to invest in premium products and services.
Baby boomers, who are often empty nesters, are also big pet lovers. In fact, they were the first generation to bring animals indoors and treat them like family.
Not surprisingly, the pet services industry has grown steadily for 25 years with no signs of slowing down. K9 Resorts is proud to be part of that growth, creating stress-free environments for dogs—and lucrative business opportunities for franchisees.