3/10

Franchimp Summary Rating

3 /10
Higher than 78% of peers

Franchise Summary

Description
The franchisor offers franchises for the operation of retail pet stores and animal hospitals under the trade name “Pet Depot®”
Company Background
Pet Depot is the only company to offer franchises for the operation of retail pet stores and animal hospitals. The company provides a variety of opportunities in multiple formats, including traditional mall-based pet stores, small-format "express" pet stores, and veterinary care centers. Pet Depot's mission is to be recognized as the world's premier franchisor for retail pet operations and veterinary practices that provide quality products and services at an affordable price.
Franchise Opportunity
The pet industry is growing rapidly, but it can be difficult to break into. Owning a pet store can be a very profitable business, but the competition is fierce and it can be difficult to get started. Pet Depot offers a proven business model that has been successful for over 25 years. We provide our franchisees with all of the training and support they need to be successful. Plus, we have an extensive selection of pet products and services that sets us apart from the competition.
Corporate Structure
Labrador Franchises, Inc. have been licensed by Labrador II, Inc., a California corporation incorporated on June 24, 1994, to franchise Pet Depot® businesses. Labrador I, Inc., a California corporation incorporated on December 5, 1990, owned and operated Pet Depot® stores from February 1991 until October 2004. The Operating Companies’ principal business address is 1941 Foothill Boulevard, Suite A, La Verne, California 91750. They have offered franchises for sale since June 2002.
Royalties and Marketing Fees

Royalties : 5% of ?Gross Sales

Royalties : 2% of ?Gross Sales

Royalties : 2% of ?Base Gross Sales? and 2% of ?Gross Sales

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Pet Depot Franchisees

Pet Depot Franchise System Development in 2021

Historical Pet Depot System Growth

FAQ

How much investment do I need to start my own Pet Depot business?
Franchisees typically require at least $293 to $821 investment to get their Pet Depot business started
What are the initial franchise fees for Pet Depot?
Franchisees typically need to pay at least $60 in fees directly to Pet Depot in order to earn the right to launch their business
How much money can I make with a Pet Depot franchise? What are the average revenues for a typical Pet Depot business?
We haven’t done the math on how much revenue a typical Pet Depot brings in each year. We estimate that other franchisees in the Professional Services industry generate $960,856 revenue, so we would expect Pet Depot to generate a similar amount
How long do I need to commit to running a Pet Depot unit? What is my contractual commitment?
Pet Depot franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

3 /10
The Franchisor's investment costs ranges from $293,000 to $821,500 which is Much Higher than the $0 to $0 average in the Pet-Related Products/Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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