Pet Care Franchise Concepts Have Surged Since 2003. Franchise Grade® Publishes Report On Pet Care Franchises.
Research report entitled Pet Care Franchises Are Roaring reveals growth in Pet Care franchise outlets opened since 2010 is double franchise industry average.
June 15, 2017 // Franchising.com // New York, NY - The Franchise Grade® Pet Care Franchise report consists of franchises from the Personal Services and Retail Products and Services sectors. It’s based upon an analysis of thirty-three (33) franchise systems or 76.6% of Pet Care franchises from the Personal Services Sector and nine (9) franchise systems or 23.4% from the Retail Products and Services Sector for a total of 42 individual Pet Care franchise investments in the report.
The analysis revealed that 66% of Pet Care franchisors made a Financial Performance Representation which exceeds the overall franchise industry rate of 60%. A higher percentage of Pet Care franchises offer an exclusive territory compared to Retail Products and Services, Personal Services, and the franchise industry.
Commenting on the results of the report, Jeff Lefler, CEO and Founder of Franchise Grade stated: “Since 2010, we’ve seen an increase of 42.9% in the total number of Pet Care franchise systems in operation. The dramatic increase in Pet Care franchises over the past 6 years reflects the power of the franchise model. The growth of small businesses in the United States is accelerated when entrepreneurs use franchising to grow their companies.&rdquo
This report indicates the importance of smaller franchise systems having steady and sustainable growth.
To Download a Copy of the Pet Care Franchise Report:
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