Pet Franchises

You will be amazed how the love for pets has increased these days; you will also be amazed at the kind of needs people will forfeit to own or provide for their pets. The bottom line is that the pet industry has grown to become a world mist performing industry with a 4% increase in amounting to $69.51 billion spent on pets, and in 2018, $72.56 billion was spent. We think this creates a whole new market for people who wish to engage in one pet franchise or the other; all you need do is to design a good business model.

According to research by the National Pet Owners between 2019 and 2020, 67% of US homes representing 84.9 million households own (at least) a pet. Today young adults have been said to be the biggest owners of pets and are very willing to pay for more premium pet foods, services, and likes. Surprisingly, the pet industry has retained its worth of over $43 billion even during the 2008 recession. This has been associated with the report that pet owners are happier and feel less lonely when they are with their pets. This is why even when the economy is in turmoil, this sector barely suffers; people will always need their best friend around them.

So, for those aspiring to become part of this industry, you have absolutely nothing to fear because your investment will be safer than ever. Below, we have listed three recommended pet franchises to invest in and have more returns. Note that the fact that we listed just three does not mean it is all that is, just that they are the most valuable at the moment.

The Best Pet Franchises to Invest in

Husse

Husse franchise deals pet foods, founded in 1987 and picked off their franchising in 2002 this company operates a total of  540 locations in the United States. Pet foods has always been the small secret liquid gold; according to Statista, the Pet Food segment is expected to reach $102,914m in 2021, with an annual growth of 4.1%. It has also been established that pet owners will be spending an average of $13.65 each in pet food alone in 2021. Even in this time of COVID, pet foods still rank the bestselling products of all time on Amazon, So what do you say? Pet foods should sure top your list of businesses.

Pet Supplies Plus

Pet Supplies Plus started their franchising in 1990, they focus on all pet supplies as well as novelty beds. People are beginning to understand the need to have their pets sleep on a bed, hence, the trending need for each home to get either a pillow or floor mat. Novelty beds are fun for most pets, it comes in many fun shapes, and appealing colors, and has become part of pop culture over time. It comes in many designs as well: star wars, sci-fi, etc.

Wild Birds Unlimited

Wild Birds Unlimited is probably the oldest franchise business in the pet niche. Founded in 1981, and commenced franchising in 1983, this company focuses on pet toys, dental care, etc. The increase in online search for pet toys, dental care, and toiletries are growing; it will only be nice if you tap into it. Some of the selling products include teeth-cleaning toys, dog toothbrushes, etc. Statistically, the market for pet toys grow is expected to grow by 7% from 2020-2030, representing $4.7 billion by 3030, thus, selling over 394 million units of toys globally.

Like we mentioned earlier, there are other aspects of pet franchise to invest in, e.g., pet health products, but the ones listed above are the most profitable.

About Scott Milas, Franchise Consultant and Franchise Broker

Scott Milas is a franchise Top 15 consultant with The Franchise Consulting Company who works with many different people from all types of backgrounds who are interested in learning about owning their own business for the first time. He also works closely with multi-unit/brand owners who are looking to diversify their business portfolios. Contact Scott at 413-935-5111 or [email protected]. For more information on Scott, visit www.scottmilasfranchisehelp.com