LIVONIA, Mich., Jan. 21, 2021 /PRNewswire/ -- Recognized on
the franchise industry's most-reputable and competitive annual
ranking, Pet Supplies Plus, the largest independent pet retailer in
North America with over 500 stores
in 35 states, ranked 21st on Entrepreneur Magazine's 2021
Franchise 500 list.
The pet retailer known for its neighborhood friendliness and
"Minus the hassle" shopping experience, jumped 29 spots compared to
last year's ranking and was named No. 1 in the "Pet Store" category
for the seventh-consecutive year.
The 42nd-annual Franchise 500 ranking was calculated with a
proprietary formula built to evaluate franchises using five key
factors: growth and size; brand strength; costs and fees; franchise
support; and financial strength and stability.
The growth of Pet Supplies Plus only supports the brand's
reputation as a recession-resilient franchise opportunity. In fact,
the franchise is expected to open 100 new stores this year, which
includes rebranding nearly 40 previously-operated Pet Valu stores
across seven states. The real estate transaction alone increased
the brand's paw print by 10 percent.
In addition, the retailer with 30-plus years of industry
expertise, omni-channel shopping and turnkey processes signed 87
franchise agreements in 2020. The recently-signed deals include
former independent pet store owners who joined for the support and
systems that come along with an established national brand. It also
included existing restaurant owners who expanded their business
portfolio with a compatible add-on business and notable AUV.
"The pet industry is strong, and when that is paired with a
historically-successful franchise system well known for its
unwavering support to its owners, it's inevitable our strength and
stability would be recognized and attract entrepreneurs," said CEO
Chris Rowland. "The signings were
all investors eager to join or expand their existing presence with
our pet-loving, passionate brand."
Pet Supplies Plus has remained one the fastest-growing pet
retailers because the company's tagline, Minus the hassle, extends
to the franchise owners as well. This entails taking care of all
the back-office duties, including IT support, reliable data,
merchandising, marketing, supply chain, promotions, pricing and
managing their social media.
"We're evidence that local retail works when it is powered by a
passion-driven franchisee and backed by a large organization
designed to provide top-of-the-line processes and services built
both for our locally-owned stores and corporate locations," said
Rowland. "We want the owners bringing the in-store, delivery and
curbside experience alive and running it smoothly for the
neighbor's convenience and all their individual pet
needs."
To add the No. 1 pet franchise to your portfolio, fill out the
next step form to speak with a franchise development director.
ABOUT PET SUPPLIES PLUS
Pet Supplies Plus is focused
on making it easier to get better products for your pet. With over
500 locations in 35 states, the stores have a streamlined design
making it easy to navigate a wide assortment of natural pet foods,
goods and services. Additionally, petsuppliesplus.com provides
neighbors with additional shopping options to better meet their pet
shopping needs. Headquartered in Livonia, Michigan, Pet Supplies Plus ranked
No. 21 in Entrepreneur magazine's 42nd
Annual Franchise 500® list as of 2021, and is ranked as the
Top Full-Service Pet Supplies Franchise for the seventh year
running for its exceptional performance in areas including
financial strength and stability, growth rate and system size. For
more information on Pet Supplies Plus franchise opportunities,
visit www.petsuppliesplusfranchising.com or contact
Christine Schultz at (734) 793-6656
or cschultz@petsuppliesplus.com.
Media Contact: Angelic
Venegas, Fishman Public Relations, (847) 945-1300,
avenegas@fishmanpr.com
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SOURCE Pet Supplies Plus