Petland on Top-Ranked International Franchise List
Entrepreneur Magazine positions Petland on Global Franchise List
CHILLICOTHE, Ohio, Sept. 7, 2021 // PRNewswire // - Petland is honored to once again be ranked among top-ranked franchises around the world.
Entrepreneur released their rankings of the top Global Franchises, rating Petland #50, staying in the top 50 for four consecutive years.
"The love for pets and the joy of the human-animal bond is universal and cherished around the world. We have found that our proprietary operating model focusing on pets is welcomed and embraced in every country we visit. We are honored to be recognized by Entrepreneur Magazine as a top franchise across the globe and ranked with the likes of McDonalds, Century 21 Real Estate, Hampton Inn by Hilton and ACE Hardware," said Petland, Inc. President and CEO Joe Watson.
International expansion in 2020 was challenging during COVID-19 pandemic but some areas saw record growth. Petland opened its first location in the Middle East in May of 2019 and the master franchisees are currently developing their second location.
Petland Canada celebrated 45 years this year and opened two locations, one in Polo Park in Winnipeg and one in Fort Saskatchewan, Alberta.
Petland in South Africa celebrated 20 years in 2021 and signed an additional 10-year agreement. They have plans to develop and open three new locations to bring their total to six.
Petland, Inc.'s Vice President of Business Development Steve Huggins stated "Petland Pet Counselors around the world provide an educational experience that teaches guests about pets and pet care. The COVID-19 pandemic had a bigger impact on our international stores with much tighter restrictions, but we were proud of all of the efforts they put forth in their communities during these difficult times."
In conducting its rating of franchises around the world, Entrepreneur considers numerous factors including the company's Franchise 500 ranking which determines a score based on such things as financial strength, stability, growth rate and size of the franchise system. Earlier this year, Petland ranked 171 overall in the 39th Annual Franchise 500.
The Franchise 500 ranking is then compared with international size and growth of the franchise to determine the global rank.
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