Nov 25, 2019

Pet Supplies Plus increases number of franchise agreements

Pet Supplies Plus, an independent pet retailer in the United States, announced it continues to experience tremendous growth, receiving a total of 81 signed franchise agreements in 2019 to date.

The pet retailer welcomed 32 new franchisees to its system this year, accounting for 53 of the 81 new units sold. Additionally, 11 existing Pet Supplies Plus franchisees reinvested in the business and agreed to build 27 more stores across the country.

States where agreements were signed in 2019 include Texas, New York, Florida, Nevada, South Dakota and California. The South Dakota and Nevada agreements are brand milestones as the stores will be the first Pet Supplies Plus locations in those states.

“It’s incredibly gratifying to see new franchisees and existing owners continue to invest in our brand,” said Chris Rowland, COE for Pet Supplies Plus. “Coming into the year, we thought we set a lofty-but-attainable unit-growth goal for our system, and we surpassed that number by 30 stores. It’s validation that our candidates and current franchisees believe in the value we provide neighbors and their pets.”

A key driver in surpassing the franchise’s projected growth is the ongoing success of converting independent pet store retailers into independently-owned and operated Pet Supplies Plus franchise owners. The pet store signed two conversions in Florida this year with one already opened. Additionally, the franchise is in the process of converting six stores, all under the same ownership, in New York State.

Independent pet retailers know more than anyone in the industry about the pressures of e-commerce and the negative affect it’s having on their purchasing power. This reality has resulted in once-exclusive pet products no longer being available to them and the consolidation of brands within the pet retail industry. That’s why Pet Supplies Plus focuses on helping existing, independent pet retailers and small pet retail chains stay competitive by partnering with them.

For more information, visit www.petsuppliesplus.com.