Entrepreneur® positions Petland on Franchise 500® list
CHILLICOTHE, Ohio--(BUSINESS WIRE)--Petland, once again, is among top-ranked franchises in the United States.
Overall, Petland, Inc. ranked 202 in the Entrepreneur® Magazine's 29th Annual Franchise 500®, earning the top spot in the Pet Products category. According to Entrepreneur.com, there are close to 3,000 active franchisors in the United States. Petland's ranking of 202 once again puts the company in the top 10 percent of all domestic franchises. This year, Petland is the only full-service pet store franchise listed among Entrepreneur's Franchise 500 top retail pet franchises.
"It is an honor for Petland to be recognized nationally as a franchise leader in pet care services," said Frank Difatta, president of Petland, Inc. in Chillicothe, Ohio.
Petland, Inc.'s Franchise Development Manager Jim Whitman added, "At Petland, we are poised for growth as more and more qualified candidates look to the development of their own business to meet financial and lifestyle goals. We welcome this prestigious recognition as it helps get the word out about our unique and dynamic full-service pet store franchise opportunity."
In conducting its annual rating of franchises in the world, Entrepreneur considers numerous factors including financial strength, stability, growth rate and size of the franchise system. Other rating factors include number of years in business, length of time franchising, start-up costs, litigation, percentage of terminations and whether the company provides financing. An independent CPA firm audits financial data. Every company with verifiable data receives a cumulative score. The franchises with the highest cumulative scores become the Franchise 500.
Petland, Inc. is a franchise operation with more than 200 quality, full service, retail pet centers across the United States, Canada, Japan, Chile and South Africa. The first Petland store in China will open in February 2008 in Shanghai.
For more than 40 years, Petland Pet Counselors have been dedicated to matching the right pet with the right person and meeting the needs of both. To its customers who already have pets, Petland is dedicated to enhancing their knowledge and enjoyment of the human-animal bond.
Petland was founded in 1967 and is headquartered in south central Ohio. For more information, visit www.petland.com.