6/10

Franchimp Summary Rating

5 /10
Lower than 50% of peers

Franchise Summary

Description
As a franchisee, you will operate a Petland retail pet store offering to the general public a variety of pets, pet supplies, and pet-related items.
Corporate Structure
Petland, Inc. is an Ohio corporation. Their principal business address is 250 Riverside Street, Chillicothe, Ohio 45601-5606.
Royalties and Marketing Fees

Royalties : 4.5% of total Gross Revenues

Royalties : Currently there is no fee, but if implemented it will be 1% to 2% of Gross Revenues.

Royalties : 5 % of Gross Revenues per month

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Unknown Industry

$4,376,208 / unit

Franchise Type: Standard

Average Revenue During 2021

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Petland Franchisees

Petland Franchise System Development in 2022

FAQ

How much investment do I need to start my own Petland business?
Franchisees typically require at least $303 to $1 investment to get their Petland business started
What are the initial franchise fees for Petland?
Franchisees typically need to pay at least $237 in fees directly to Petland in order to earn the right to launch their business
How much money can I make with a Petland franchise? What are the average revenues for a typical Petland business?
We estimate that the average revenue of an individual Petland unit is approximately $4,376,208. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Petland unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

5 /10
The Franchisor's investment costs ranges from $303,000 to $1,068,000 which is Much Lower than the $0 to $0 average in the Unknown 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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