PHOENIX - March 07, 2017 - (BUSINESS WIRE) - Closing out a banner year with a 19.2 percent comparable sales growth and almost 70 signed franchise agreements in development, Dogtopia is entering 2017 with another impressive notch added to its belt. The nation’s leading dog daycare facility has been named the best franchise to buy in the pet category by Franchise Times as part of its new Annual Zor Awards.
Designed to answer the question, “What’s the best franchise to buy?”, the Zor Awards is a new industry-exclusive award program appearing in the March 2017 issue of Franchise Times. With a goal of introducing prospective franchisees to a few favored categories, the Zor Awards aids individuals exploring franchising by showing them how to make a selection using an astute business mindset. The Franchise Times editorial staff selected 10 industry categories designed to reflect industry momentum and appealing segments within franchising, including Personal Wellness, Drive-Thru Classics, Better Burgers, Fast-Casual Pizza, Dog vs. Cat People, Hands On, Fixer Upper, Cheap Seats, Feel Like a Kid Again and New Wave Medical.
With finalists drawn from the Franchise Times Top 200+ database, the research team then examined six key financial metrics pulled from each brand’s franchise disclosure document, with a focus on profitability for the franchisee. That process also included editorial examination of management teams, product or service offerings, unit openings and closings, recent litigation and financial backing of the brand. As the final pillar, Franchise Times hosted online voting from mid-December to mid-January to reflect industry enthusiasm.
“It’s an honor to be recognized as the category winner of the Franchise Times Zor Awards,” stated Neil Gill, CEO of Dogtopia. “2016 was a year of incredible milestones for us – we set records for comparable sales growth as well as new franchise deals and 2017 is shaping up to be another fabulous year. We are humbled by the recognition we have received for our dedication to the overall success of this brand and look forward to fostering growing relationships with more pet parents across communities nationwide.”
Poised to reach its 75-store milestone in 2017, Dogtopia anticipates expansion to 400 units by 2021. The brand’s impressive growth was previously noticed by Franchise Times, who recently ranked the company on its 2016 Top 200+ list for the first time. Additionally, Dogtopia was ranked #215 on Entrepreneur’s 2017 Top 500 franchises in the US. Building on this momentum, the brand is excited to expand its footprint into 16 new states in 2017.
Dogtopia offers a proven franchise opportunity with multiple revenue channels for daycare, boarding, spa, retail and training, resulting in a validated business model. The company seeks both individuals and multi-unit franchise partners looking to diversify with a fun and flexible lifestyle.
For more information on Dogtopia franchising opportunities, visit www.dogtopia.com/bones.
Founded in 2002, Dogtopia is an early pioneer and innovator in the pet services industry, offering an experience focused on safety and transparency in the market. With an emphasis on education, exercise and socialization for dogs, pet parents have the assurance of leaving their beloved furry family members in the hands of trained professionals in an environment created with the safety of dogs in mind. Each facility averages between 3,500–7,500 square feet and is specially designed to provide dogs and pet parents with the best experience by reducing odors, noise level, illness and accidents. With 45 locations across North America, the brand is now the largest provider of dog daycare in the United States and will continue expansion by franchising with successful entrepreneurs. For more information on Dogtopia, visit www.Dogtopia.com or www.Dogtopia.com/success.
Franchise Times magazine is the only independent, unbiased news source in franchising. Its original research has led to well-respected rankings such as the Franchise Times 200; Fast & Serious, a look at the smartest-growing franchise systems in the U.S.; and the Restaurant Franchisee 200, the top restaurant U.S. franchisees. Our Restaurant Finance & Development Conference and Franchise Finance & Growth Conference bring franchisors and multi-unit franchisees together in the premier dealmakers events in franchising.
Fishman Public Relations